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400 Oakglen Ave
Nipomo, CA 93444
Doty Ranch · Land For Sale
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105.00 AC


Executive Summary
Owned today by direct descendants of the famous Captain Dana who owned the original 1837 Mexican Land Grant, the Property has a long history of irrigated farming. It is currently leased to a grower who has been growing squash and peppers. Currently there are 76 acres leased to a grower with some potential to add additional acreage. There is a cell tower located on the northern end of the Property which brings in about $22,000 annually with annual increases. Bisected by Nipomo Creek, the Property has approximately 15 acres between the creek and N. Oakglen Road. Interestingly, this soil is a sandy soil while the balance of the Property, between Nipomo Creek and N. Mallagh St. Is heavy ground. Deleissigues Creek is a small seasonal creek that runs across the southern part of the Property into Nipomo Creek. A Nipomo CSD underground waterline crosses the property east to west.
Approximately 20 acres of the Property adjacent to the High School has an antiquated, unrecorded underlying 1887 subdivision map. The county uses it in defining the assessor parcels (APNs). The assessor’s parcel map is used herein to determine acreage but it only references the lots in the antiquated subdivision map and therefore the acreage for the nonexistent paper streets and alleys are not included in the 99 +/- acres referenced herein.
Approximately 20 acres of the Property adjacent to the High School has an antiquated, unrecorded underlying 1887 subdivision map. The county uses it in defining the assessor parcels (APNs). The assessor’s parcel map is used herein to determine acreage but it only references the lots in the antiquated subdivision map and therefore the acreage for the nonexistent paper streets and alleys are not included in the 99 +/- acres referenced herein.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 105.00 AC |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 105.00 AC |
1 Lot Available
Lot
| Price | $3,725,000 | Lot Size | 105.00 AC |
| Price Per AC | $35,476.19 |
| Price | $3,725,000 |
| Price Per AC | $35,476.19 |
| Lot Size | 105.00 AC |
*Recently amended assessor information: 105+/- Total Acres; 76+/- Leased Irrigated Acres*
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