Individually Owned Property summary
Exceptional investment opportunity: a 38.2-acre commercial property located at 5257 E Nebraska Ave, Selma, CA 93662 (APN: 385-064-21; 385-064-22) is now available for $1,222,400. This high-yield Thompson grape vineyard boasts a proven track record, producing over 2.5 tons of raisins per acre, according to the seller. The property features a well installed 17 years ago (10 HP), efficient drip and flood irrigation systems, and access to CID water. Its strategic location between Clovis Ave and Fowler Ave, south of Nebraska Ave, offers convenient access to Selma and Fowler. A tenant-occupied house on the property generates a monthly rental income of $1,000. The sale includes two parcels. Please note: The Sustainable Groundwater Management Act (SGMA) mandates groundwater basin sustainability by 2040 and requires Groundwater Sustainability Plans (GSPs) by 2020, which may impact groundwater pumping. Further details are available on the SGMA website. This is a rare chance to acquire a profitable, established agricultural business with significant potential. Don't miss this opportunity.
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