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Property profile & analytics
OFF-MARKET
Commercial real estate

7364 Springfield Ave Fowler, CA 93625

51.32 ac lot
Individually Owned 1-yr Hold
Property ID
US10-3083941
Property summary
AI-generated overview

This exceptional 51.32-acre agricultural property, located at 7364 E Springfield Ave, Fowler, CA 93625, presents a lucrative investment opportunity. Situated conveniently off Temperance Avenue, between Manning Avenue and Springfield Avenue, this land boasts easy access to CA State Highway 99. The orchard features a balanced planting of 50% Nonpareil and 50% Monterey almonds, established in 2016 with a spacing of 22' x 16'. The soil composition is predominantly Hanford sandy loam (approximately 45.5%) and Delhi loamy sand (approximately 54.1%), categorized as Grade 1 (Excellent) and Grade 2 (Good). Water resources are secured through the Consolidated Irrigation District and the Central Kings GSA, supplemented by a robust 30HP agricultural well. The Fresno County APN is 348-041-04S. It's important to note that this property falls under the Sustainable Groundwater Management Act (SGMA), mandating groundwater sustainability by 2040 and requiring a Groundwater Sustainability Plan (GSP) by 2020. Potential limitations on groundwater pumping should be considered, and further details can be found on the SGMA website. The asking price for this productive almond orchard is $2,566,000. The permitted zoning is AE20.

Property profile
Verified
Property type Commercial real estate
Lot 51.32 ac (2,235,499 SF)
APN 348-041-04s
UPID US10-3083941
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kaur Singh Swaranjit · 1 yrs held
Kaur Singh Swaranjit
since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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