8870 E. Dinuba, Selma, CA 93662 - Fresno County

This +/-57.18 acre property has incredible potential for multiple lifestyle opportunities. There are six (6) homes on the property, a large pool, a barn, storage buildings, and more. Along with the almond orchard, there are pecan trees, olive trees, and a garden that would make for the perfect Farmers market income project! Do not miss the opportunity to own a cash flowing property with a large depreciation base that in the future will be priced as subdivision land.

The church building located at the southwest corner is not included in the sale. Property is subject to a lease though end of the 2022 crop year.

Water

The farm has access to Consolidated Irrigation District ditch water along the entire east boundary. The current owner has exclusively used two (2) Ag wells to irrigate his Almond trees: one (1) new 50 HP turbine pump and well and one (1) older 10 HP turbine pump and well. The multiple homes on the property are serviced by two (2) domestic wells and by the California Water Service Company. The farm is in the Central Kings GSA. The almond orchard has a double drip line irrigation system.

Plantings

Property is planted to 5-year-old producing Independence variety almonds. The primary pruning was done in 2021. There are also +/-20 pecan trees on the property.

Buildings

There are six (6) single-family homes, three (3) barns, and a metal shop building on the property. The large 2-story barn is a historic structure. All rental housing is currently rented and provides $4,150 gross monthly income.

Improvements

The property has four (4) small storage buildings, a vegetable garden, a large pool, a pond, and corral.

Zoning

The General Plan for the City of Selma calls for future use of this property to be single family homes and medium density housing.

Soil

See Soil Description for details.

Groundwater Disclaimer

The 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 web site.

Legal

Fresno County APNs: 348-074-08 and 348-260-12. Owner is in the process of completing a lot line adjustment that will exclude the church and the parsonage from parcel 348-260-12. (See Parcel Map for estimated new parcel.)