For Sale
$11,500,000

18429 Lacey BlvdLemoore, CA 93245

Prime CA farmland, 115 acres

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional 115.26-acre agricultural property in Lemoore, CA, currently planted with ten-year-old Chandler walnuts. This land boasts excellent Nord complex soils (96.3% Grade 1) and benefits from dual water sources: the Lemoore Canal District and a deep agricultural well equipped with sand media filters and micro-sprinkler irrigation. The property's strategic location at the southeast corner of 18th Avenue and Lacey Boulevard places it within the City of Lemoore's sphere of influence, surrounded by residential areas and experiencing active development by both local and national homebuilders. Its proximity to major freeways and Naval Air Station Lemoore adds significant appeal. The Kings County APN is 021-020-008, and the property is zoned AL-10. While the Sustainable Groundwater Management Act (SGMA) mandates groundwater sustainability by 2040 and requires Groundwater Sustainability Plans (GSPs), this property's dual water sources mitigate some risk. The asking price is $11,500,000. This presents a unique opportunity for investors seeking a blend of established agricultural income and significant future development potential in a rapidly growing area. The 3.7% of the land comprised of Grangeville sandy loam, saline-alkali soil should be noted.

Highlights

  • Dual water sources.
  • High-quality soils.
  • Situated within Lemoore's sphere of influence.
  • Significant future development potential.

Property Details for 18429 Lacey Blvd

Property type
Land, Farms
Lot Size (sq. ft)
5,020,726 SF

Location Insight

City
Lemoore
County
Kings
State
California
Latitude
36.3279877
Longitude
-119.7880514
18429 Lacey Blvd, Lemoore, California

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18429 Lacey Blvd
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