For Sale
$24,500,000

16029 Avenue 136Tipton, CA 93272

High-Yielding Almonds, Multiple Water Sources

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 685.67-acre agricultural property in Tipton, CA, offers a compelling investment opportunity. Located near Highway 99, the land encompasses nine parcels (APN: 300-130-002, 015, 016, 025 & 300-080-021, 022 & 300-140-001, 002, and 020) and features approximately 425.5 net acres of high-producing almond orchards. The almond varieties include 50% Nonpareil, 25% Monterey, and 25% Wood Colony. An additional 230 acres consist of alfalfa, oats, three-way forage, and a sand pit. The property boasts multiple water sources, including six irrigation wells and surface water access via the Lower Tule River Irrigation District. Irrigated by a sophisticated system of canal lift pumps, reservoirs, booster pumps, filter stations, and fan jet systems, the property benefits from Class 1 soils (per USDA California Revised Storie Index). The property is zoned AG (Exclusive Agriculture) and presents long-term income potential and potential tax benefits. The asking price is $24,500,000 ($35,731/acre), cash at close of escrow. Note: The Sustainable Groundwater Management Act (SGMA) may impact future water usage. Further details are available upon request.

Highlights

  • $24,500,000 asking price for 685.67 acres.
  • 685.67-acre agricultural property in Tipton, CA, designated as AG zoning.
  • Includes 425.5 net acres of almonds and approximately 230 acres of other crops and open land.
  • Features six irrigation wells and Lower Tule River Irrigation District water rights.
  • Property consists of nine parcels with APNs: 300-130-002, 015, 016, 025 & 300-080-021, 022 & 300-140-001, 020.

Property Details for 16029 Avenue 136

Property type
Land, Farms
Lot Size (sq. ft)
29,867,785 SF

Location Insight

City
Tipton
County
Tulare
State
California
Latitude
36.0364183
Longitude
-119.2139388
16029 Avenue 136, Tipton, California

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16029 Avenue 136
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