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$8,000,000
Est. payment /mo
486 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID FR25262604
HOA Y/N No
Lot Size 486.000 Acres
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.
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
Area Wsco - Wasco
Zoning Ag
Interior
Fireplace No
Exterior
Community Features Valley
Utilities Available Electricity Connected, Water Available, Water Connected
View Y/N Yes
View Orchard
Building
Lot Description Agricultural
Water Agricultural Well
New Construction No
Others
Senior Community No
Tax ID 05928085007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://NA
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Listed by Kyle Orth Broken Horn Land Co., Inc. 559-286-5587
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