39.1 acs. Shafter Wasco I D Almonds and Future Development Land

$1,053,270

Shafter, CA

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Status: For Sale
Acres: 39.1±
Price Per Acre: $26,938


Description

This 39.1± 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 agriculture, except for Sequoia Elementary School which opened in 2007. Pending future development, the land is producing income from established Almonds. The site has district water from Shafter Wasco Irrigation District (SWID). An investment in this opportunity offers; ¼ mile from existing residential and construction, residential zoning, future residential development, SWID water, producing almonds, productive soils, and tax benefits.


Location

The land opportunity is conveniently located at the southeast corner of Madera 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.


Legal

APN 089-020-38, 39 and 40


Water

The land is irrigated by district water. The property is in Shafter Wasco Irrigation District (SWID) and receives contract water from meter # 2.6-5. In 2023, SWID is collecting the following: water cost of $130/acre foot and standby of $20/acre foot. The orchard is irrigated with drip irrigation through a flow guard filter. In the 2023/24 tax year the Kern County tax assessor collects $123.66±/acre on behalf of SWID with the property taxes. There is an out of service well located on the site, its condition is unknown.


Zoning

E (Estate)

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