17946 American Ave Kerman, CA 93630
This exceptional 877.83-acre agricultural property in Kerman, California, presents a lucrative investment opportunity. Located at 17946 W American Ave, Fresno County, CA 93630, the land is primarily zoned AE20 (Ag Exclusive- 20 ac minimum), with some parcels outside the Williamson Act. The property boasts a productive mix of almond and alfalfa plantings, ensuring diverse income streams. The sale includes nine irrigation pumps/wells, multiple homes, a reservoir, solar power infrastructure, and a large shop. The buyer will reimburse the seller for 2024 crop cultural costs. No equipment is included. The property's location within a prominent almond-growing region contributes to its high potential. Note that the seller currently leases neighboring properties also used for almond and alfalfa cultivation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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