0 Lake AveKerman, CA 93630

  • Agricultural properties
For Sale
$3,360,000 View listing

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.

Lake Ave, Kerman, California

Location Insight

City
Kerman
County
Fresno
State
California
Latitude
36.7712
Longitude
-120.133

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