For Sale
$3,500,000

Lerdo Hwy Johnsondale, CA 93208

500+ Acres, 3 Wells, Excellent Soils

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional agricultural investment opportunity encompasses approximately 502.15 acres of land in Kern County, California, near Shafter. The property boasts approximately 481 net planted acres of assorted-aged almond trees, situated on predominantly Grade 2 soils, ideal for optimal yield. Irrigation is ensured through three on-site wells, supplemented by an intermittent in-lieu water supply agreement via three separate turnouts. A significant portion (406 net acres) is held in fee title, while approximately 75 net acres are secured under a favorable leasehold interest agreement with Kern County. This lease, currently in its ninth year of a fifteen-year term, includes a ten-year renewal option at an attractive rate of $100 per gross acre. The property's location in the Semitropic Water Storage District (SWDS) Groundwater Service Area provides access to reliable water resources. The legal description includes APNs: 088-100-19, 088-100-21, 088-100-24, 088-100-25, 088-100-36, 088-100-39, 088-100-41, 088-050-02, and 088-050-03. The asking price for this productive almond orchard is $3,500,000. The property is zoned A - Exclusive Agriculture.

Highlights

  • 502.15-acre almond orchard in Kern County, CA near Shafter.
  • 481 net acres of almond trees on Grade 2 soils.
  • Irrigated by three on-site wells and an in-lieu water agreement.
  • 406 net acres fee simple; 75 net acres under a favorable 9-year lease (15-year term, 10-year renewal option at $100/gross acre).
  • $3,500,000 asking price. Zoned A - Exclusive Agriculture.

Property Details for 0 Lerdo Hwy

Property type
Land, Farms
Lot Size (sq. ft)
21,873,654 SF

Location Insight

City
Johnsondale
County
Kern
State
California
Latitude
35.50034528
Longitude
-119.42117698

FAQs

What type of property is this?
Land - 500+ Acres, 3 Wells, Excellent Soils
Where is the land located?
The property is located at Lerdo Hwy Johnsondale, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 502.15-acre almond orchard in Kern County, CA near Shafter.; 481 net acres of almond trees on Grade 2 soils.; Irrigated by three on-site wells and an in-lieu water agreement.
How can I contact the broker?
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0 Lerdo Hwy
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