435.38 acs. North Fork Kings River Farmland
$6,095,000
Lanare, CA
Status: For Sale
Acres: 435.38±
Price Per Acre: $13,999
Description
This 435.38± assessed acre opportunity is located in the farming area of Riverdale, CA. This land is currently being farmed to alfalfa and field crops. The surrounding lands are planted to pistachios, alfalfa, wheat, corn, tomatoes and almonds. The property is located in Laguna Irrigation District (portion), but does not receive water. The land has frontage along the North Fork of the Kings River. The farm is primarily irrigated by 4 wells. The opportunity features Kings River frontage, well water, income, and possible development to permanent crops and tax benefits.
Location
The offering is located on the north side of West Excelsior Avenue and 26¼ Avenue. Regionally, the subject property is located 5± miles southwest of Riverdale, 11± miles northwest of Lemoore, 25± miles south of Fresno, 90+±miles northwest of Bakersfield, and 205± miles south of San Francisco.
Legal
053-100-04s and 49s, Fresno County
Water
61.50± acres of the property is located in Laguna Irrigation District (LID), but does not receive water. The property is located on the North Fork of the Kings River. There are 2 wells with submersible pumps, 1 well with a 100HP electric pump and 1 well with a 125HP diesel motor and gear head. The property has 3 out of service submersible wells. The owner has advised us the property has a 20HP lift pump in the Kings River that is used when water is available. The land is in the North Fork GSA.
Zoning
The land is zoned AE-40 Exclusive Agricultural, and is enrolled in the Williamson Act.