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Property profile & analytics
OFF-MARKET
Land

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 Land
Lot 19.09 ac (831,560 SF)
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
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
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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