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$ 7,000,000
Est. payment /mo
New
0 0 W Glendale Avenue Lemoore, CA 93245
70.66 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Nut Crops
Listing Status Active
Purchase Type For Sale
MLS Listing ID 233290
Lot Size 70.660 Acres
Property Sub-Type Nut Crops
Source Kings County
Property Description
This +/-70.66-acre property in Lemoore, CA offers strong future development potential. Situated at the corner of 18th Avenue and W. Glendale Avenue, it is planted to almonds (established in 2013) and receives water from the Lemoore Canal & Irrigation Company. Featuring Grade 1 soils and convenient access to major freeways, the site is near the Naval Air Stationan area highly sought after by families. Surrounding the property, both national and local homebuilders are actively developing new residential communities, further enhancing its long-term potential. Property is currently planted to 50% Nonpareil Almonds and 50% Monterey Almonds. Trees were planted in 2013. The property is located within, and receives deliveries from, the Lemoore Canal & Irrigation Company. It is also part of the South Fork Kings GSA. 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 at https://water.ca.gov/programs/groundwater-management/sgma-groundwater-management. 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 Lemoore
Zoning AL10
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Blake Grilione • Schuil Ag Real Estate, Inc.
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