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    OFF-MARKET
    Commercial real estate

    23017 Road 196, Lindsay, CA 93247

    19.09 ac lot
    Entity Owned 1-yr Hold
    Property ID
    US09-5850054
    Property summary
    AI-generated overview

    This exceptional 19.09-acre property in Lindsay, California, presents a rare investment opportunity. The land encompasses a thriving citrus orchard featuring approximately 7.5 acres of Cara-Cara Navels planted in April 2023 (18x12 spacing), 7 acres of mature Valencia oranges (with new trees interplanted in April 2023), and 4 acres of mature Washington Navels. Detailed production records are available upon request. The orchard benefits from a state-of-the-art irrigation system (screen filter station and fanjet irrigation, installed April 2023), a new 391hp propane-powered wind machine (installed April 2023) for frost protection, and a new agricultural well drilled in 2021 (570' deep, 12.75" OD, perforations starting at 240'). A 20hp submersible pump feeds the filter station and booster. The property also utilizes water from the Lindmore Irrigation District (one turnout on the southeast corner) and has a current 69.77AF carryover according to the East Kaweah Groundwater Sustainability Agency dashboard. The charming 2,098 sq. ft. two-story home, built in 1929, has been extensively renovated. Upgrades include a new roof, gutters, and plumbing (November 2021), a completely new kitchen and appliances (Spring 2022), remodeled bathrooms, fresh interior and exterior paint (Spring 2022), a new fenced yard, and a new rear deck and railing (Spring 2022). The home boasts original hardwood floors, 4 bedrooms, 2 bathrooms, a laundry room, kitchen, dining room, living room, and a basement. It is currently rented for $2,000 per month, with the tenant responsible for all utilities. A 50x100 rustic red barn provides ample storage. The current crop insurance policy is transferable. APN: 197-110-006-000. Asking price: $1,200,000 ($62,860/acre). Zoned AE-20.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 19.09 ac (831,560 SF)
    APN 197-110-006-000
    UPID US09-5850054
    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
    D & T Farms LLC · 1 yrs held
    D & T Farms LLC
    since 2025
    3 recorded transactions
    2025
    $1.1M
    2021
    $705,000
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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