Property profile

8603 Mccall Ave Selma, CA 93662

OFF-MARKET
Land
Property ID
US10-2348192
40 ac lot
Individually Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 40-acre property in Selma, California, presents a unique investment opportunity. The land is zoned AE-20 (Ag Exclusive, 20-acre minimum) and enrolled in the Williamson Act Agricultural Preserve. The centerpiece is a young almond orchard featuring two distinct varieties and two water sources, ensuring consistent productivity. The 2024 almond crop and associated cultivation costs are included in the asking price of $1,360,000. Adding to the appeal is a small, single-story home currently generating rental income. A second, older two-story home is present, requiring substantial renovation or demolition, offering potential for a new custom residence. The property boasts a picturesque palm tree-lined driveway leading to the homesite. Conveniently located approximately 3 miles from Highway 99 and 2 miles from downtown Selma, this property offers easy access to major transportation routes and local amenities. The Assessor's Parcel Number (APN) is 353-050-29S. This is a rare chance to acquire a productive agricultural property with significant development potential in a desirable location.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)
UPID US10-2348192

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8603 Mccall Ave Selma, CA 93662
Selma metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
3 recorded transactions
2024
$1.8M
2020
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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