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AG-LAND Investment Brokers

                                              645 Antelope Blvd, Suite 17 - P.O. Box 896 - Red Bluff, CA 96080

                                                                                Phone (530) 529-4400 Fax (530) 527-5042

 


SOLD.......WE NEED ADDITIONAL ORCHARD LISTINGS OF THIS QUALITY

Summary Prospectus:                                                               

 

Red Bluff Hwy 99E Walnut Orchard
Tehama County, California
 

Property Photos | Assessor’s Map | Orchard Yield History | Irrigated Capability Class | Location Map |

 

Listing Price:     $1,290,000, approximately $12,306 per total acre.

Property:            104.83 +/- total acres with 100 +/- acres planted to producing walnuts. The balance of the acreage is consists of farm roads, creeks, levee and farmstead area.

Location:            The orchard is located about 3 miles (S) of Red Bluff on the southwest side Highway 99E, (N) of Cone Grove Road. It lies about 1 mile east of the Sacramento River.

Walnuts:             100 +/- acres are planted to producing walnuts. 25 +/- acres are Chandler variety planted in 1999 on black & paradox rootstock, spacing is 25’ x 25’. 50 +/- acres are Hartley variety and 25 +/- acres are Sch. Franquette variety. The Hartley variety were planted in 1957 and Sch. Franquette varieties were planted in 1951, both are on black rootstock and the spacing is 50’ x 50’.

Soils:                  The primary soils types are Vina Loam, 0 to 3 percent slopes (class I), Vina Loam, 3 to 8 percent slopes (class II), Columbia Silt Loam, 0 to 3 percent slopes (class I) and Vina Clay Loam, 0 to 3 percent slopes (class I).

Water:                Irrigation water is provided by (2) AG wells with electric turbine motors. The 40 Hp motor and well is located on the northwest parcel between the Chandler and the Sch. Franquette blocks. The 25 Hp motor and well is located on the southeast parcel inside the Hartley block. The (2) wells are connected by buried PVC mainline.

Irr. Systems:      The Chandler and Hartley blocks are irrigated by solid set buried irrigation systems. The Sch. Franquette block is irrigated by hose pull irrigation system.

Zoning:              EA-AP, 40 acre minimum. EA= Exclusive Agriculture, AP = Agricultural Preserve (Williamson Act Contract). However, Sellers filed a notice of non-renewal in 2004. Current real property taxes are $5,072 per year. Tehama County Assessor Parcel Numbers 043-170-66 & 67.

Topography:      Flat to gentle sloping. The property offers exceptional views of Mount Shasta and Lassen Peak plus wide views of the western and eastern mountain ranges.

Mineral Rights: Seller owns 100% of all oil, gas and minerals.

Buildings:          The only building on the property is a 4,400 +/- sqft. steel framed, metal roof and metal sided building constructed around 1964. In the past this building was used for hulling and drying walnuts and is now used as a farm shop and for equipment storage. It has a concrete floor, electric service, water and detached restroom.

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

Crop:                The 2008 crop is included in the sale provided Buyer reimburses Seller for cultural and management expenses to close of escrow.

Lease Back:     Sale is contingent upon Seller leasing back from Buyer 4.4 +/- acres of APN 043-170-66 fronting Highway 99E and surrounding two Seller’s home lots. Buyer to have no use of farmstead area and steel framed building. Access shall be limited to the parcel line separating APN 043-170-66 and 043-170-67.

Comments:      An agricultural property of this quality and location rarely becomes available. Sellers reserve an option to limit the use of a portion of the property fronting Highway 99E and adjacent to their (3) home lots to such use that will not interfere with their continued enjoyment of their respective homes.
 

 

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.
 


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