+/-728 Ac. Open Land, Almonds & Water Shares
728 Acres of Agricultural Land Offered at $20,384,000 USD in Lemoore, CA 93245
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $20,384,000
- Property Type
-
Land
Listing Contacts
Rick Schuil
Verified Profile
Dirk Schuil
Verified Profile
Blake Grilione
Verified Profile
- Property Info
Property Overview
+/-728 Acres – Open Ground, Almonds & Water Shares – Lemoore, CA
Location
Property is located between CA-41 and 18th Avenue, on the north and south sides of W Lacey Boulevard, in Lemoore, CA.
Size
+/-728 Assessed Acres
Plantings
+/-608 Acres of Open Ground:
+/-233.53 Acres are within the City of Lemoore Sphere of Influence.
+/-120 Acres of Independence Almonds on Nemaguard Rootstock:
+/-80 Acres were planted in 2019.
+/-40 Acres were planted in 2015.
Water
Property is located in Lemoore Canal & Irrigation District and part of South Fork Kings GSA. There are 20 wells on the property (17 shallow wells and three (3) deep wells). All well water is transferable to all parcels via pipelines and canals. Well information is available upon request.
Included in the sale are 547 Lemoore Canal Water Shares.
Homes
There are three (3) homes on the property:
+/-1,802 sq.ft. home with three (3) bedrooms and two (2) bathrooms. Home was built in 1981 and remodeled in 2012. A new composite roof was installed in 2012, and a new AC unit was installed in April of 2024. This home provides a rental income of +/-$1,426 per month.
+/-2,100 sq.ft. home with three (3) bedrooms and two (2) bathrooms. Home was built in 1952 and a new composite roof was installed in 2007. This home is subject to a life estate.
+/-1,800 sq.ft. home with three (3) bedrooms and two (2) bathrooms. Home was built in 1946 and a new composite roof was installed in 1987.
Structures
Property features one (1) +/-3,000 sq. ft. shop and one (1) +/-1,200 sq. ft. shed.
Legal
Kings County APNs: 004-261-040, 004-261-042, 004-262-003, 004-262-020, 004-262-027, 004-262-036, 004-262-037, 004-262-038, 004-262-039, 021-020-002, 021-020-003, and 021-020-004.
Parcels 004-261-042, 004-262-003, 004-262-020, 021-020-002, 021-020-003, and 021-020-004 are enrolled in the Williamson Act (+/-568.38 Acres).
Soil
See ‘Soil Map’ and ‘Soil Description’ for information.
Groundwater Disclosure
Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website at www.sgma.water.ca.gov/portal/.
Remarks
This +/-728 acre Kings County property includes +/-608 acres of open ground and +/-120 acres of Independence almonds. It features 20 wells and 547 Lemoore Canal Water Shares. There are three (3) homes, a +/-3,000 sq. ft. shop, and a +/-1,200 sq. ft. shed.
No equipment or growing crops included.
Seller intends to complete an IRS code 1031 exchange.
Location
Property is located between CA-41 and 18th Avenue, on the north and south sides of W Lacey Boulevard, in Lemoore, CA.
Size
+/-728 Assessed Acres
Plantings
+/-608 Acres of Open Ground:
+/-233.53 Acres are within the City of Lemoore Sphere of Influence.
+/-120 Acres of Independence Almonds on Nemaguard Rootstock:
+/-80 Acres were planted in 2019.
+/-40 Acres were planted in 2015.
Water
Property is located in Lemoore Canal & Irrigation District and part of South Fork Kings GSA. There are 20 wells on the property (17 shallow wells and three (3) deep wells). All well water is transferable to all parcels via pipelines and canals. Well information is available upon request.
Included in the sale are 547 Lemoore Canal Water Shares.
Homes
There are three (3) homes on the property:
+/-1,802 sq.ft. home with three (3) bedrooms and two (2) bathrooms. Home was built in 1981 and remodeled in 2012. A new composite roof was installed in 2012, and a new AC unit was installed in April of 2024. This home provides a rental income of +/-$1,426 per month.
+/-2,100 sq.ft. home with three (3) bedrooms and two (2) bathrooms. Home was built in 1952 and a new composite roof was installed in 2007. This home is subject to a life estate.
+/-1,800 sq.ft. home with three (3) bedrooms and two (2) bathrooms. Home was built in 1946 and a new composite roof was installed in 1987.
Structures
Property features one (1) +/-3,000 sq. ft. shop and one (1) +/-1,200 sq. ft. shed.
Legal
Kings County APNs: 004-261-040, 004-261-042, 004-262-003, 004-262-020, 004-262-027, 004-262-036, 004-262-037, 004-262-038, 004-262-039, 021-020-002, 021-020-003, and 021-020-004.
Parcels 004-261-042, 004-262-003, 004-262-020, 021-020-002, 021-020-003, and 021-020-004 are enrolled in the Williamson Act (+/-568.38 Acres).
Soil
See ‘Soil Map’ and ‘Soil Description’ for information.
Groundwater Disclosure
Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website at www.sgma.water.ca.gov/portal/.
Remarks
This +/-728 acre Kings County property includes +/-608 acres of open ground and +/-120 acres of Independence almonds. It features 20 wells and 547 Lemoore Canal Water Shares. There are three (3) homes, a +/-3,000 sq. ft. shop, and a +/-1,200 sq. ft. shed.
No equipment or growing crops included.
Seller intends to complete an IRS code 1031 exchange.
Property Details
- Property Subtype
- Agricultural
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