0 18Th AveLemoore, CA 93245

Property Details for 0 18Th Ave

Lot size

70.66 AC

Property type

Agricultural properties

Property subtype

Other land

Description

This ±70.66-acre property in Lemoore, CA, presents a compelling investment opportunity. Strategically located at the northwest corner of 18th Avenue and W Glendale Avenue, this land boasts a prime location near the Naval Air Station, a region experiencing significant residential growth. Currently planted with a mix of Nonpareil and Monterey almonds (planted in 2013), the property benefits from irrigation via the Lemoore Canal & Irrigation Company and is part of the South Fork Kings GSA. The land is comprised of three parcels with Kings County APNs: 021-020-011, 021-020-012, and 021-020-013. Detailed soil information is available in separate soil map and description documents. The property's location near major freeways and active residential developments by both national and local homebuilders significantly enhances its future development potential. Note that the property's groundwater usage is subject to the Sustainable Groundwater Management Act (SGMA) regulations, requiring sustainability by 2040 and the implementation of a Groundwater Sustainability Plan (GSP) by 2020. Further information on SGMA can be found at the provided website. This property offers a unique blend of agricultural income and substantial long-term development prospects. Asking price: $8,000,000.

Location Insight

City

Lemoore

County

Kings

State

California

Latitude

36.321

Longitude

-119.781

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