$8,000,000

0 N Palm Ave Wasco, CA 93280

Estimated payment $49,542/month

Total Views 4,206
486 Acres
$16,461 Price per Acre
21,170,160 Sq Ft Lot

Highlights

  • 486 Acre Lot
  • No HOA
  • Agricultural
  • Orchard Views

About This Lot

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.

Listing Agent

Kyle Orth

Broken Horn Land Co., Inc. Brokerage Phone: 559-286-5587 License #02088526 Listed on: 11/18/2025

Property Details

Property Type

  • Land

Lot Details

  • 486 Acre Lot
  • Property fronts a county road
  • 05928085003, 05928004011, 05928005005, 05928083001, 05928037008, 05928038001, 05928039004, 48705005009, 48705035015, 48705036018
  • Land Lease
  • Property is zoned Ag

Additional Features

  • Orchard Views
  • Agricultural
  • Agricultural Well Water Source

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 05928085007
  • $70,118 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: Ag
  • Property Type: Land
  • Parcel Number: 05928085007
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.38

Exterior Features

  • View: Orchard

Utilities

  • Utilities: Electricity Connected, Water Available, Water Connected
  • Water Source: Agricultural Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 05928085003, 05928004011, 05928005005, 05928083001, 05928037008, 05928038001, 05928039004, 48705005009, 48705035015, 48705036018
  • Land Lease: Yes
  • Lot Features: Agricultural - Row/Crop
  • Lot Size Sq Ft: 21170160.00
  • Lot Size Acres: 486.0000
  • Latitude Manual: 35.63415800

Multi Family

  • Lot Size Area: 486.0000 Acres

Tax Info

  • TaxOtherAnnualAssessmentAmount: 70118.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 For Sale $8,000,000 +1925.3% --
02/24/2025 02/24/25 For Sale $395,000 +31.7% --
02/21/2025 02/21/25 For Sale $300,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR25262604

California Regional Multiple Listing Service (CRMLS)