8767 Avenue 160 Tipton, CA 93272
- Commercial real estate
- 411.91 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8767 Avenue 160
- Lot size
- 411.91 lot acres
- Property type
- Commercial real estate
- APN
- 228-020-015, 228-230-001, 228-240-016, 228-220-001 and 228-010-008
Description
This exceptional 411.91-acre agricultural property in Tulare County, California, presents a lucrative investment opportunity. Located near the intersection of Avenue 160 and Road 96 in Tipton, CA (zip code 93272), the land boasts approximately 373 acres of producing Kerman pistachios planted at 20' x 17' spacing on Pioneer Rootstock. The orchard benefits from its location within the Lower Tule River Irrigation District and GSA, supplemented by three groundwater pumps and wells (75 HP, 100 HP, and 300 HP), a 40 HP booster pump, a 3.5-acre recharge pond, and an upgraded filter/injection system with gypsum tanks. Included in the sale are 180 Riparianists Shares. The property also features a home and a shop. Soil composition includes approximately 56.3% Grade 1 (Colpien loam, 0-2% slopes), 41.9% Grade 2 (Biggriz-Biggriz, saline-sodic complex, 0-2% slopes), and 1.8% riverwash. The property's legal description includes Tulare County APNs: 228-020-015, 228-230-001, 228-240-016, 228-220-001, and 228-010-008. 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. Asking price is $16,270,445.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tipton
- County
- Tulare
- State
- California
- Longitude
- -119.3822891691
- Latitude
- 36.080006558396