8,080.05 acs. Kings 41 Pistachios, Almonds & Rangeland
$100,129,770
Avenal, CA
Status: For Sale
Acres: 8080.05±
Price Per Acre: $12,392
Description
A unique opportunity to acquire a large investment grade property with young almond and pistachio plantings. The 8,080.05± acres are located in Kings County and consists of 2,110.50± net acres of pistachios planted in 2019, 159± net acres of pistachios planted in 2016 and 996.1± acres of almonds planted in 2019. The balance of the property includes cattle grazing land. The orchards have been irrigated by 15 irrigation pumps and wells with 6 reservoirs. The booster pumps at the filter stations distribute water to the trees by an efficient combination of drip and micro-sprinkler irrigation. The property is located in the Kettleman Plain Subbasin which is designated as Low Priority by the California Department of Water Resources. Low Priority Subbasins are not required to develop and implement groundwater sustainability plans under the Sustainable Groundwater Management Act. The Orchards Block (3,674.33 assessed acres) can be purchased separately from the Rangeland Block (4,405.72 assessed acres) or acquire the property in it’s entirety.
Location
The east and west sides of Highway 41 at the York Avenue intersection, approximately 14 miles southeast of the City of Avenal. (Property address: 41700 York Avenue, Avenal, CA 93204).
Legal
See brochure for APN numbers
Water
The Kings 41 property provides water to the orchards by an elaborate irrigation system consisting of 15 pumps and wells that feed 6 large reservoirs with booster pumps at filter stations that supply water to the trees through a combination of drip and micro-sprinklers. A schedule of pumps, wells and reservoirs. See brochure for pump and well information.
Zoning
The zoning is AG-40 (Agriculture with 40-acre minimum parcel size). The subject property is enrolled in the Williamson Act.