Pearson Realty

88.9 acs. Prime Hanford Farmland

$2,089,000

Hanford, CA

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Status: For Sale
Acres: 88.9±
Price Per Acre: $23,498


Description

This 88.9± acre prime agricultural property includes; two irrigation wells, irrigation pipeline distribution system, 20± acres of old walnuts, income and future urban development. The property is surrounded by similar farmland and a residential subdivisions under development to the east and south.


Location

The property is located south of Hanford Armona Road, ¼ mile west of 12th Avenue adjacent to the City of Hanford. 30 miles south of Fresno and 18 miles west of Visalia, California. In the heart of the San Joaquin Valley.


Legal

APN 011-040-008 (18.85± acres), 010 (50.53± acres) and 027 (19.52± acres).


Water

The property is irrigated from onsite pumps and wells including 40HP above ground electric and 10HP submersible. The irrigation water is conveyed through a subsurface cement pipeline system with valves spaced along the pipeline for flood irrigation to all row field, vegetable seed and orchard crops. The past cropping history includes permanent crops.


Zoning

Zoned AL10 (10ac min) ag use. General Plan establishes future development to low density residential (LD). Property will be removed from the Williamson Act in 2022. Seller granted city sewer truck line from Hanford Armona Rd to southern city property


Comments

1. The property is being sold subject to the 2017 farm lease agreement. 2. The pumping equipment on the north well belongs to tenant. 3. Sellers reserve existing mineral, oil and gas rights.