0 Lake AveKerman, CA 93630
- Agricultural properties
Property Details for 0 Lake Ave
- Property type
- Agricultural properties
- Property subtype
- Other land
Description
This exceptional 80-acre pistachio farm in Kerman, California, presents a lucrative investment opportunity. Planted in 2014 with the Golden Hills variety on UCB-1 rootstock, this orchard boasts a robust irrigation system featuring double drip lines and a filtration system. A new well was installed in 2021, ensuring reliable water access. The property includes two APN numbers: 020-200-29S and 020-200-76S. Note that the Sustainable Groundwater Management Act (SGMA) may impact future groundwater pumping; further information is available at the SGMA website (www.sgma.water.ca.gov/portal/). Conveniently located off Lake Ave, accessible via Jensen Ave from Highway 145, this property offers easy access and significant potential for growth. The property is situated on the west side of Lake Ave, approximately 1.5 miles from the intersection of Jensen Ave and Lake Ave. This turnkey operation is ready for a discerning buyer seeking a profitable agricultural investment in the fertile lands of Fresno County. The asking price is $3,360,000, reflecting a land value of $42,000 per acre. An easement for another well site is recorded on the southeast corner of the adjacent northern property.
Location Insight
- City
- Kerman
- County
- Fresno
- State
- California
- Latitude
- 36.7712
- Longitude
- -120.133
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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