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    OFF-MARKET
    Commercial real estate

    14533 Houston Ave, Hanford, CA 93230

    28.15 ac lot
    Property ID
    US09-3281244
    Property summary
    AI-generated overview

    This exceptional 28.15-acre agricultural property in Hanford, CA, presents a lucrative investment opportunity. Located on the south side of Houston Avenue, between 14th and 15th Avenues, the orchard boasts Nonpareil/Aldrich variety almonds planted in 2004. Irrigation is efficiently managed via a system combining flood and drip irrigation with a fan jet system, drawing water from the Last Chance Water Ditch Company Canal. The property sits within the Kings County Water District and the Mid-Kings River GSA, and also includes a domestic well for the two existing dwellings on the site. Soil composition is predominantly excellent Nord complex (approximately 99.4%), with a small percentage of Wasco sandy loam (approximately 0.6%). The land features a nearly level grade (approximately 100% Grade 1). The property's legal description is identified by Kings County APN: 018-210-013-000. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping. Further details on SGMA can be found at the provided website. This property offers a unique blend of agricultural productivity and existing infrastructure, making it an attractive investment in California's fertile Central Valley.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 28.15 ac (1,226,214 SF)
    APN 018-210-013-000
    UPID US09-3281244
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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