For Sale
$2,939,300

0 12 3/4 AveHanford, CA 93230

90 Acres, Prime Location, High Yield

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional agricultural property, encompassing approximately 90.44 assessed acres, presents a lucrative investment opportunity in the heart of Hanford, CA. Situated on 12 3/4 Avenue, between Excelsior and Dover Avenues, this meticulously maintained ranch boasts approximately 68 acres of seven-year-old independent almond trees and approximately 22 acres of 25-year-old Chandler walnut trees. The property benefits from excellent water resources, including membership in the Kings County Water District and the Mid-Kings River GSA, drawing water from the Last Chance Water Ditch Company. Irrigation is highly efficient, featuring a micro-sprinkler and dual-line drip system managed by nine soil moisture probes and complete automation. The property also includes one main agricultural well (600 feet deep with a 125 HP pump) and two backup agricultural wells. Soil quality is exceptional, rated 100% Grade 1. Legal descriptions include Kings County APNs: 002-220-031, 002-220-016, and 002-220-026. Potential investors should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping. Further details regarding SGMA can be found at the provided website. This prime location, minutes from the Kings Country Club, combines exceptional water resources, superior soil conditions, and high-yielding established orchards, making this a truly remarkable agricultural investment. The asking price is $2,939,300.

Property Details for 0 12 3/4 Ave

Property type
Land, Farms
Lot Size (sq. ft)
3,939,566 SF

Location Insight

City
Hanford
County
Kings
State
California
Latitude
36.4111159
Longitude
-119.6863834
12 3/4 Ave, Hanford, California

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0 12 3/4 Ave
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