8505 Frazier Lake Rd Hollister, CA 95023
This expansive 318.15-acre property in Hollister, CA, presents a unique investment opportunity in Northern San Benito County. The land is currently designated under the Williamson Act, resulting in lower property taxes. Two high-capacity irrigation wells are in place, producing approximately 1650 gallons per minute and 2215 gallons per minute, respectively, based on the last recorded tests. A third well casing exists, though it is undeveloped. The fertile soil, identified as Willow clay, has historically supported a wide variety of crops including parsley, onions, tomatoes, bell peppers, carrots, spring mix, broccoli, cabbage, lettuce (various types), safflower, wheat forage mix, sunflowers, and corn. The property's size and irrigation capabilities make it suitable for large-scale agricultural operations. While potential uses for cannabis or hemp cultivation exist, interested parties should independently verify this possibility with San Benito County authorities. This substantial landholding offers significant potential for agricultural entrepreneurs seeking a large, well-irrigated parcel in a productive farming region. The property's current agricultural use and Williamson Act status provide a compelling combination of established productivity and tax advantages. Don't miss this chance to acquire a significant piece of prime farmland.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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Risks
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