For Sale
$3,360,000

0 Lake AveKerman, CA 93630

80 Acres, High-Yielding Orchard

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 80-acre pistachio farm in Kerman, California, presents a lucrative investment opportunity. Planted in 2014 with the Golden Hills variety on UCB-1 rootstock, this orchard boasts a robust irrigation system featuring double drip lines and a filtration system. A new well was installed in 2021, ensuring reliable water access. The property includes two APN numbers: 020-200-29S and 020-200-76S. Note that the Sustainable Groundwater Management Act (SGMA) may impact future groundwater pumping; further information is available at the SGMA website (www.sgma.water.ca.gov/portal/). Conveniently located off Lake Ave, accessible via Jensen Ave from Highway 145, this property offers easy access and significant potential for growth. The property is situated on the west side of Lake Ave, approximately 1.5 miles from the intersection of Jensen Ave and Lake Ave. This turnkey operation is ready for a discerning buyer seeking a profitable agricultural investment in the fertile lands of Fresno County. The asking price is $3,360,000, reflecting a land value of $42,000 per acre. An easement for another well site is recorded on the southeast corner of the adjacent northern property.

Highlights

  • $3,360,000 asking price for 80 acres of pistachios.
  • Planted in 2014, Golden Hills variety on UCB-1 rootstock; includes double drip lines, filtration system, and a new well (2021).
  • Two APNs included: 020-200-29S and 020-200-76S.
  • Located at Lake Ave, Kerman, CA 93630; $42,000/acre land value.
  • Subject to the Sustainable Groundwater Management Act (SGMA).

Property Details for 0 Lake Ave

Property type
Land, Farms

Location Insight

City
Kerman
County
Fresno
State
California
Latitude
36.7712357
Longitude
-120.1325068
Lake Ave, Kerman, California

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0 Lake Ave
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