For Sale
$51,442,500

0 BakersfieldBakersfield, CA 93301

Prime 342.95-acre almond orchard, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
113
Exceptional investment opportunity in Bakersfield, CA, featuring 342.95± acres of income-producing almond orchards. This expansive property is currently planted with desirable almond varieties within the Kern Delta Water District, ensuring reliable irrigation via gravity flow pipelines. Supplementing the district water, the property boasts three agricultural wells equipped with high-capacity pumps (250HP, 125HP, and 150HP), historically yielding impressive water volumes (2,500 GPM, 1,300 GPM, and 1,500 GPM respectively, based on historical pump and well tests). The property is proposed for annexation into the City of Bakersfield by Q1 2024, with potential for subdivision into nine separate parcels ranging from R-1 to R-5 zoning. This presents a unique blend of immediate income generation from the established almond operation and significant long-term development potential. The large, contiguous parcel offers substantial investment benefits, including income from the existing crop and depreciation advantages. APN is available upon request. Asking price: $51,442,500. Located in Bakersfield, CA 93301.

Highlights

  • High-yield almond orchard generating strong income.
  • Excellent investment-grade property suitable for sophisticated buyers.
  • Large, contiguous land parcel offering scale and development potential.
  • Planted with high-demand almond varieties for optimal returns.
  • Dual water sources: district water and on-site wells ensure reliable irrigation.
  • Attractive investment opportunity with income generation and tax depreciation benefits.

Property Details for 0 Bakersfield

Property type
Land, Farms
Lot Size (sq. ft)
14,938,902 SF

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.2568
Longitude
-119.09445
Bakersfield, Bakersfield, California

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0 Bakersfield
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