94.42 acs. Shafter Wasco I D Pistachios, Almonds and Future Development Land
$3,227,280
Shafter, CA
Status: For Sale
Acres: 94.42±
Price Per Acre: $34,180
Description
This 94.42± acre opportunity is located in the city limits of Shafter, CA and is zoned E (Estate). The land is within a transitional area whereas the area south of Fresno Avenue is dedicated to existing and under development residential subdivisions while the areas north of Fresno Avenue are primarily dedicated to agricultural, except for Sequoia Elementary School which opened in 2007. Pending future development, the land is producing income from established Pistachios, Almonds and Farmland. The site has agricultural contract district water from Shafter Wasco Irrigation District (SWID) and well water. Additionally, the property is improved with two residences, detached garage, and numerous sheds/outbuildings. An investment in this opportunity offers; adjoining existing residential and construction, residential zoning, future residential development, SWID water and well water, producing pistachios and almonds, productive soils, and tax benefits.
Location
The land opportunity is conveniently located at the northwest corner of Fresno Avenue and Mannel Avenue in the city limits of Shafter, CA. Approximately 19± miles north of Bakersfield, 126± miles north of Los Angeles and 267± miles south of Sacramento. The physical address of one the residences is 30519 Madera Avenue Shafter, CA 93263.
Legal
APN 089-020-36 and 71
Water
The land is irrigated by both district and well water. The property is in Shafter Wasco Irrigation District (SWID) and receives contract water from meter #2.6-1. In 2023 SWID is collecting the following: water cost of $130/acre foot and standby of $20/acre foot. The well is equipped with a 75HP electric motor. The orchards are irrigated with drip irrigation, booster pump, 5 sand median filters, and a reservoir. In the 2023/24 tax year the Kern County tax assessor collects $123.66±/acre on behalf of SWID with the property taxes. The residence on Madera Ave is served by a domestic well with submersible pump. The residence on Mannel Ave is connected to city water.
Zoning
E