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    FOR LEASE
    Vineyards

    5806 N Modoc Ave, Kerman, CA 93630

    44,800 SF 22.75 ac lot Built 1975
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US09-3080656
    Property summary
    AI-generated overview

    This exceptional 22.75-acre agricultural property in Kerman, CA, presents a unique investment opportunity. The site includes a fully operational winery with substantial infrastructure, ideal for continued wine production or adaptation to other agricultural uses. The existing improvements encompass approximately 61,829 square feet of industrial space, complemented by 2,935 square feet of office space. A significant asset is the established one-acre Chenin Blanc vineyard, alongside an additional six acres primed for planting, offering immediate and future production potential. The property boasts a robust water supply, featuring an 186 GPM agricultural well and a 90 GPM domestic well, ensuring ample irrigation for thriving crops. Winemaking capabilities are further enhanced by the presence of stainless steel and concrete-lined tanks, providing a total storage capacity of 275,128 gallons (756,563 gallons without Glycol). Located at 5806 N Modoc Ave, Kerman, CA 93630, this property benefits from its zoning designation within Flood Zone X, eliminating concerns related to Federal Flood Hazard Area regulations. The favorable Ha soil composition contributes to optimal growing conditions. This turnkey operation offers a rare combination of established infrastructure, fertile land, and abundant water resources, making it an attractive proposition for discerning agricultural investors. The property is currently vacant and ready for immediate occupancy. Single-tenant occupancy.

    Property profile
    Verified
    Property type Vineyards
    Use group WINERY
    Year built 1975
    Construction TYPE NOT SPECIFIED
    Total area 44,800 SF
    Lot 22.75 ac (990,990 SF)
    Zoning code AE20
    APN 015-350-16
    UPID US09-3080656
    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
    $985k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.31M
    Blend (final) Blend
    $1.15M
    Owner & transaction history
    MODERN DEVELOPMENT CO
    MODERN DEVELOPMENT CO
    Zoning & alternative use
    AE20 · Kerman, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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