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$ 7,000,000
Est. payment /mo
Active
0 N Palm Wasco, CA 93280
486 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID 643104
HOA Y/N No
Lot Size 486.000 Acres
Property Sub-Type Farm
Property Description
Almond Orchard Leasehold Option for sale. Full comprehensive brochure available upon request and signed NDA. The Kern Palm offering presents an exceptional opportunity to acquire a leasehold interest encompassing 486.00 Leased acres of almonds in Kern County. This fully developed operation provides strong water security, productive soils, and young, healthy trees already generating cash flow. Property Overview: Kern Palm 1: 429.14 acres Kern Palm 2: 56.17 acres Planted in 2018 to Nonpareil, Monterey, and Aldrich varieties on a 22'x15' spacing Irrigated with micro-sprinkler systems installed at planting Water Resources: Two deep wells, district water, and multiple on-site reservoirs North Kern Water Storage District Shafter-Wasco Irrigation District Basic Lease Terms: Lease commenced August 17, 2017, expiring December 31, 2037 Two additional two-year extension options available beyond 2037 Investment Highlights: Fully developed almond ranches with proven water sources and prime soils Immediate income potential from young, productive orchards Long-term lease with favorable extension options.This is a rare opportunity to secure a large-scale almond investment in one of California's premier growing regions, offering both immediate returns and long-term stability.
Location
State CA
County Kern
Exterior
Utilities Available Electricity Connected
Private Pool No
Building
Lot Description Rural
Sewer None
Water Well, District Water Avail
Additional Building None
Schools
Elementary Schools Wasco Elementry
Middle Schools Thomas Jefferson
High Schools Wasco District
Listed by Kyle L Orth Agriwealth, Inc.
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