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$ 1,407,360
Est. payment /mo
Active
0 0 Elder Avenue Hanford, CA 93230
58.64 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Row Crop
Listing Status Active
Purchase Type For Sale
MLS Listing ID 234204
Lot Size 58.640 Acres
Property Sub-Type Row Crop
Source Kings County
Property Description
Properties of this calibercombining water security, multiple income streams, and future development potentialare increasingly rare. This offering represents a unique opportunity to control premium ground in a growth corridor while benefiting from existing improvements and agricultural productivity. Land Use The property is open land that has not been commercially farmed for approximately 15 years, but has historically been planted to silage corn and winter wheat row crops. Its extended period out of production may provide an excellent opportunity for potential organic farming uses. Buyer to verify suitability for organic certification and intended agricultural use. Water Water availability is a key strength of the property, supporting both current agricultural operations and future land-use flexibility. Located within the Kings County Water District (KCWD) One (1) lift pump Supplemental supply from high-quality groundwater One (1) agricultural well Soil The property is comprised primarily of Grade 1 - Excellent soils. See the Soil Map' and Soil Description' sections for additional detail. Ag & Development Potential The property features highly productive soils representative of some of the best farmland in the immediate area, supporting continued agricultural operations. Additionally, its adjacent location to North Hanford positions the property as a strong candidate for future development, subject to applicable county approvals and planning requirements. This dual-use potentialsteady agricultural income today coupled with long-term development upsidecreates a compelling investment profile for owner-operators, institutional investors, and developers seeking scale, water security, and strategic location. Legal Kings County APNs: 014-070-039 and 014-010-080 Groundwater Disclosure Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA may limit ground water pumping. For more information, please visit the SGMA website. The Buyer is responsible for conducting their own research to verify all information related to groundwater and surface water resources, including availability, usage rights, and potential restrictions.
Location
State CA
County Kings
Area North East Hanford
Building
Water District Water, Well
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Blake Grilione • Schuil Ag Real Estate, Inc.