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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

 


IN ESCROW ENCOURAGING BACKUP OFFERS

Summary Prospectus:                                                               

 

I-5 Prune Orchard, Red Bluff
Tehama County, CA
 

Property Photos | Assessor’s Map | Prune FSA Map | Prune Orchard AG Well | Prune Orchard General Map | Prune Orchard Soils Map | Prune Orchard Yields & Size | FSA Overview Map | Location/Driving Directions

Listing Price:       $735,000 approximately $8,426 per total acre.

Property:             87.23 +/- total acres with 79 +/- acres planted to producing French Prunes. The balance of the acreage consists of farm roads, creeks and farmstead area.

Location:             The property is 5 +/- miles (S) of Red Bluff. It has Interstate 5 frontage and is located (SW) of the Flores Avenue interchange.

Prunes:                 79 +/- acres are planted to producing French prunes. 74 +/- acres were planted in 1985 and 5 +/- acres were planted in 1998. Spacing is 15’ x 18’ which equals 161 trees per acre. Rootstock is 29C. The 10 year yield average equals 2.92 payable dry tons per acre with average fruit size equal of 54.2 prunes per dry pound.

Soils:                    Almost 75% of the farmlands are class I and class II soils. The soil types are Maywood Loam (class I), Arbuckle Gravelly Loam (class II), Tehama Loam (class II) and Cortina Gravelly Fine Sandy Loam (class IV).

Crop:                   The 2008 crop is included in the sale provided Buyer reimburses Seller for cultural and management expenses to close of escrow. Historically, the crop has been marketed with Sunsweet Growers and the prospective Buyer maybe able to continue to market with Sunsweet Growers.

Water:                 Irrigation water is provided by the Proberta Water District plus AG well. The Proberta Water District current assessment totals $482.44 per year and current water cost is $38.00 per acre foot. The AG well (16" casing) is completed to 470’ and equipped with a 125 Hp Amarillo Gearhead powered by Seller’s tractor (not included in the sale). The 05/1991 well test and development report state the AG well yield between 1,100 to 1,300 gallons per minute.

Irr. Systems:        The orchard is level for flood irrigation. The 1985 planting is flood irrigated using buried concrete pipeline and risers while the 1998 planting is flood irrigated using an open ditch and siphons.

Zoning:                EA-AP, 40 acre minimum. EA= Exclusive Agriculture, AP = Agricultural Preserve (Williamson Act Contract). Current property taxes are $3,197 per year. Tehama County Assessor Parcel Numbers 037-090-89-1.

Topography:         Level to grade. The property is bordered by Oat on the north and Willow Creek on the south. The property offers exceptional views of Mount Shasta and Lassen Peak plus wide views of the western and eastern mountain ranges.

Mineral Rights:    All mineral rights owned by Seller are included in the sale.

Buildings:            There are currently no buildings on the property. However, current zoning does allow construction of a residence and other buildings necessary to agricultural activities.

Depreciation:       The improvements on this property such as the producing prune trees, AG well and irrigation systems may offer significant depreciation to the prospective Buyer.

Comments:         An agricultural property of this quality, size and location rarely becomes available. Per the Tehama County Soil Survey, the soils are suitable for prunes, olives, almonds, walnuts and other irrigated crops typically grown in Tehama County.

 

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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