Development Land Farmland in California

Development Land farmland in California for a Over 1,000 Acres parcel costs approximately $51,857 per acre, with a total investment of $103,714,000. The estimated annual ROI is 2.0% with cash rent of $2,074 per acre.

California has 69,400 farms with an average size of 350 acres. Farmland prices average $12,100 per acre statewide, with 2.8% year-over-year appreciation. Cash receipts total $49.1B annually.

The estimated annual ROI is 2.0% for a Over 1,000 Acres parcel, generating $2,100,000 in annual income ($1,050 per acre). The 5-year appreciation estimate is 7678.0%.