Selma, California is located in Fresno County along Freeway 99. The City of Selma dates back to 1880 when the Central Pacific Railroad built a branch line through the area. In 1896 the community had grown sufficiently enough to incorporate. Today the city has a population of 23,000 and prides itself in being a progressive growing community.
Farming has of course always been at the heart of Selma CA farms for sale. The productive sandy soils irrigated by snow-melt water delivered by canals via irrigation districts make Selma an ideal place to grow a variety of crops. The first settlers produced rich harvest of wheat, but that later gave way to peaches and then to raisins. Approximately 90% of the U.S. raisins are produces within an eight mile radius of Selma, CA, so it was natural for the city to adopt the slogan "Raisin Capital of the World" in 1963.
Selma, CA farms for sale include Thompson vineyard and raisin land, but also a wide variety of other deciduous trees, vineyards, and crops. Most of the prices for the Selma farms for sale will vary depending on the profitability of the farm. A farm for sale with premium varieties that make the grower a profit will sell for a premium. Farms for sale that are less profitable will sell for approximately what open land may sell for. Prices will also vary from year to year, but currently prices will range from $6,000 per acre to $14,000 per acre.
Prices for farms for sale in Selma depend on the residential market. During the 2005 residential upswing the prices for farm land also increased because homeowners were purchasing small acreage parcels for home sites. The increase in the 1031tax deferred exchange market also pushed prices above their economic values. Today's prices have once again leveled out and most of the farm purchasers are farmers themselves.
Schuil & Associates has been selling farms in the Fresno County area for 25 years and has a proven track record when it comes to finding the right agricultural property for our clients. Visit our properties for sale page for a complete list of farms for sale in Selma. http://schuil.com/properties.php The staff at Schuil & Associates is confident they can find the right farm for sale in Selma for you.
Links:
City of Selma
Selma Chamber of Commerce
Selma California Profile
Selma Unified School District
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