
Lodi, CA 95240
This 40.12-acre High-Potential Investment Opportunity is listed at a List Price of $1,200,000, positioned well below the $1,205,049 Fair Market Value by 0.42%. Featuring a Condition Rating of 4, the property offers $5,049 in Instant Equity. With Williamson Act (AG40) zoning, existing Agave infrastructure, and dual wells, this asset provides immediate rental income and significant development flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build a custom estate on expansive agricultural land.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15942 N Jack Tone Road Subject | $1,200,000* List Price | 2 | 1 | 1,100 | $1,095 | - |
A 15942 N Jack Tone Road Active | $1,150,000 List Price | 2 | 1 | 1,100 | $1,045 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The residence is a small, dated 2-bedroom home currently utilized as a rental, indicating it is functional and move-in ready but likely exceeds 20 years in age without recent major renovations. The listing's suggestion to live in the home while building a new one confirms its status as a secondary or temporary structure compared to the land's value. While the exterior appears maintained, the property is primarily an agricultural play with the house serving as a basic, dated utility building.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1747627, living area = 1100.
The property generates immediate rental income of $1,950/month and offers the unique opportunity to reside in or rent the existing home while designing and building a custom estate on the expansive 40-acre lot.
Equipped with both agricultural and domestic wells, existing barns, and a newly planted drip-irrigated Agave plantation, the site is turnkey for diverse farming or commercial AG ventures.
The current 2-bedroom, 1,100 sqft residence is relatively small for the $1.2M price point, likely requiring the buyer to commit to significant additional construction to establish a primary luxury residence.
With multiple existing barns and older covered areas on-site, the buyer may face ongoing maintenance costs or the need for demolition and upgrades to bring the older structures up to modern standards.
40.12 acres with lots of amenities - best buy on the market....owner has planted 3900 Yolo Agave plants with drip irrigation. A wonderful start. with a private appointment Owner will give lots of information about the Agave planting. Within this 40.12 acre parcel is a Small 2 bed home just minutes from the small town of Lockeford. The small home is used as a rental at $1950 per month income. Owner just planted 3900 Agave plants, drip irrigated. See attached Agave plant information. Go to Vacant land listings and find additional information and attachments. Lots of clean-up has been completed in the last 2 months. Live in the house while building another home, or Use the rental home to help pay the loan while designing a custom home with Jack Tone Frontage. or pick a location in the rear Existing barns & covered areas for multiple uses. Design AG housing or Ag storage with the existing buildings...The buildings give you a wonderful start and save you lots of money...You'll be 1/2 way there to your project. This Williamson Act parcel has so many uses. Purchase this property and you'll be set for most of your needs. See attached list of AG40 Williamson Act allowable uses, you'll be amazed. Whatever your project...Set up a home & lifestyle apart from your your money making projects, there's plenty of space & you'll be able to walk to work. Design your destiny from this location. Ag Road already set up on the south side of the property for shared Ag use Ag well and domestic well. So many buildings on site already, including a storage building with finished interior perfect for office space, vegetable sales, or an additional building to turn to AG Housing. Current income is $3900. not counting the future income from AGAVE in the years to follow. - Come and walk the property, you'll be amazed. Please do not access this property without permission or without a realtor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,100 | 1,729.214 |
| Lot Size | 1,747,627 | 6,422.214 |
| Price | $1.20M | $566.0K |
| Price per sq ft | $1.1K | $329 |
| Built year | 0 | 1976 |
| HOA | $0 | $299 |
| Days on market | 47 | 59 |
Jul 24, 2026
$1,200,000
Initial Listing