Artois Almond, Walnuts & Super High Density Olives Orchard

Glenn County, California

 

Property Photos | FSA Aerial Map | Location Aerial Map |Production & 2007 Crop Ins. |  Soils Map  | Topography Map | Tehama County Zoning Info | Tehama County Assessor’s Map

 

Listing Price:     $5,300,000 cash to Seller.

Property:            640 +/- total acres. The 555 +/- acres are planted to almonds and walnuts or scheduled for planting to olives for olive oil in 2008. The balance of the acreage is comprised of roads, ditches, farmstead area and Wilson Creek, a seasonal creek.

Location:            The property is located in Glenn County, California. It lies (S) of Orland, (W) of Interstate 5 at the SW intersection of County Road C and County Road 28.

Almonds:            371 +/- acres are planted to almonds. 313 +/- acres are producing, planted in 1990 on an 11’ x 22’ spacing, 180 trees per acre. The varieties are 50% Nonpareil, 25% Carmel and 25% Mixed Hard-Shell varieties. The producing almonds are drip irrigated. 58 +/- acres are non-bearing planted in 2007 on an 11’ x 20’ spacing, 198 trees per acre. The varieties are 50% Nonpareil, 25% Carmel and 25% Winters. The non-bearing almond orchards are micro irrigated using pressure compensating micro emitters. A small block of non-bearing almonds are drip irrigated.

Walnuts:            63 +/- acres planted in 2007 to Paradox walnut on a 24’ x 24’ spacing, 76 trees per acre. The trees were bud grafted September / October 2007 to Chandler. The walnut orchards are micro irrigated using pressure compensating micro emitters.

Olives:                121 +/- acres are being prepared for a 2008 planting of olives for olive oil. The trees will be planted using a super high density spacing.

Soils:                 Approx. 70% of the soils are class II or III soils. The class II soils are Arbuckle Gravelly Loam and Tehama Silt Loam. The class III soils are Altamont Clay, Altamont Shedd Association, Arbuckle Gravelly Loam and Hillgate Loam. The balance of the soils are class IV.


Water:             480 +/- acres are assessed by the Orland Artois Water District (OAWD). The 2007 annual assessment is $24.94 per assessed acre. 2007 water cost is $30.30 per acre foot for the first 720 acre feet. 2007 water cost above 720 acre feet is estimated at $38.00 per acre foot. The balance of the acreage is irrigated using the 16” AG well, pump and diesel motor located (S) of Wilson Creek. Seller estimates AG well yield at 800 to 1,000 gallons per minute.

Zoning:            AP-80, 72 acre minimum. AP = Agricultural Preserve (Williamson Act Contract).Glenn County Assessor Parcel Number 024-21-0-016-0.

Improvements: The farmstead area is located in the SE corner of the property. In this area is a wood framed metal sided shop with concrete floor.

Topography:    Gently sloping to rolling. Wilson Creek, a seasonal creek runs through the southwest corner of the property. The property offers exceptional views of Mount Shasta and Lassen Peak as well as the western and eastern mountain ranges.

Depreciation:   The improvements on this property such as the trees, irrigation systems and shop may offer significant deprecation advantages to the prospective Buyer.

Comments:        Seller has recently made considerable investments to upgrade irrigation systems and replant 242 +/- acres to olives, almonds and walnuts. During the spring of 2007, Seller applied 1 ton of lime to the producing almond orchards.
 

 

Contact Info:       Please contact Bert Owens or Sam Mudd at AG-LAND Investment Brokers for more information or to schedule an appointment to tour the property.

 

Bert Owens, California Brokers License Number 01707128

530.529.4400, office

530.524.4900, cell

bert.owens@aglandbrokers.com, email

www.aglandbrokers.com, website

 

Sam Mudd, California Realtors Number 01710463

530.529.4400, office

530.949-4054, cell

sam.mudd@aglandbrokers.com, email

www.aglandbrokers.com, website

The information contained herein is from sources deemed reliable, however, accuracy is not guaranteed. AG-LAND Investment Brokers assumes no liability as to errors, omissions or future operating and investment results. Buyer assumes responsibility to perform their own investigation and due diligence. This offering is subject to prior sale, price change or withdrawal from market without notice.