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Property profile & analytics
OFF-MARKET
Commercial real estate

14774 Iona Ave Hanford, CA 93230

160 ac lot
Property ID
US09-2733284
Property summary
AI-generated overview

This exceptional 160-acre agricultural property is situated at the northeast corner of 15th Avenue and Iona Avenue in Hanford, California. The land boasts a diverse mix of established plantings, including approximately 83 acres of Chandler walnuts (planted in 2013 and 2017) and approximately 35 acres of Nonpareil/Aldrich/Monterey almonds (planted in 2015). An additional 35 acres of open land offer further development potential. The property benefits from excellent irrigation infrastructure, including access to the Kings County Water District and Mid-Kings River GSA, as well as the Last Chance Water Ditch Company Canal. Two agricultural wells (800ft and 500ft) with substantial horsepower pumps, four 60ft shallow wells, and a domestic well provide ample water resources. Irrigation methods vary by crop type, utilizing flood, drip, and fan jet systems. Soil quality is predominantly excellent, with approximately 97% classified as Nord Complex and 3% as Whitewolf coarse sandy loam. The property includes a single dwelling on-site. The Kings County APN is 018-210-022-000. It's important to note that this property is subject to the Sustainable Groundwater Management Act (SGMA), and potential buyers should familiarize themselves with the implications of this legislation. The asking price for this remarkable opportunity is $3,500,000.

Property profile
Verified
Property type Commercial real estate
Lot 160 ac (6,969,600 SF)
APN 018-210-022-000
UPID US09-2733284
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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