N Palm, Wasco, CA 93280

USD 8,000,000
For Sale MLS: FR25262604

Property Details

Neighborhood

None

Basement

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Property Type

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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.

PROPERTY DETAILS: Square Feet: 486

EXTERIOR FEATURES: • Lot View: Orchard/Grove • Zoning: Ag

LISTING AGENT: Agent: Kyle Orth | Office: Broken Horn Land Co., Inc. | Phone: 5592865587 | Email: [email protected]

LISTING INFORMATION: MLS#: FR25262604 | Status: FOR SALE

Location

Address

N Palm

City

Wasco

Features and Finishes

Exterior Features:

• Lot View: Orchard/Grove

• Zoning: Ag

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