15400 Excelsior Ave, Hanford, CA 93230 For Sale

Location

The Maciel open land is located on Excelsior Avenue between Highway 41 and Highway 43 on the north side of the road at 15400 Excelsior Avenue in Hanford, CA 93230. The north side of the property is adjacent to the Kings River allowing access to river recreation.

Description

The Maciel open land is 292.34 +/- acres of Grade 1 soils level farmland historically farmed to feed crops.

Parcel #’s

Kings County APN: 002-240-044

Zoning

AG20

Crops

Currently the farm land is used to grow feed crops.

Soil

According to USDA California Revised Storie Index the subject property consists of Grade 1 - Excellent soils; see attached soil map for description.

Water & Irrigation

This ranch has two water sources. The northern border of the property lies along the Kings River. There is one river pump that can draw water from the Kings River when river flows are available. Additionally there are two 100 horsepower wells. The feed crops are flood irrigated through connected pipelines with flood valves.

SGMA

The Sustainable Groundwater Management Act passed in 2014 requires groundwater basins be sustainable by 2040 and requires Groundwater Sustainability Plans (GSP) by 2020. GSPs may limit the amount of well water pumped.

For more information go to https://water.ca.gov/Programs/Goundwater-Management/SGMA-Groundwater-Management

Price/Terms

$6,750,000 ($23,089 per acre) cash at close of escrow.