0 Lerdo HwyJohnsondale, CA 93208

  • Land
  • 502.15 AC
For Sale
$3,500,000 View listing

Property Details for 0 Lerdo Hwy

Lot size
502.15 AC
Property type
Land
Property subtype
Farms

Description

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.

Location Insight

City
Johnsondale
County
Kern
State
California
Latitude
35.5003
Longitude
-119.421

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