Property: 210
assessed acres, approximately 174 acres planted to bearing
prunes and non-bearing pistachios and walnuts. Primarily Class 1
& 2 level soils irrigated using 3 groundwater wells. Want 294
acres in Richfield with good soil, water and climate? Under
separate agreement, we have 84 additional acres of Class 1 soil
listed for sale only a 4 minute drive from this offering. Call
for details.
Location: Between
Corning and Red Bluff, south of Thomes Creek, within the
community known as Richfield. The community is a mix of
agricultural and rural home sites. The east property line fronts
Walnut Road and the south property line fronts Orangewood Road.
Both roads are County paved roads.
Water: Irrigation
water is provided using 3 groundwater wells. The south well
drilled in 2015 was completed to 267 feet and is setup with a
50Hp turbine & VFD electric panel. In 2017, new submersible
pumps were installed in the east well (40Hp) and west well
(20Hp).
Irrigation:
Depending upon the block, the orchards are irrigated using
double drip lines, drip line with micro, fan jet or rotator. A
small block is flood irrigated.
Soils: Per Natural
Resources Conservation Service, approximately 40% of the farm
has Class 1 soil, Wy - Wyo Loam. 46% has Class 2 soils, AvA -
Arbuckle Gravelly Loam. 11% has Class 3 soils, KoB - Kimball
Gravelly Loam Class III. The balance of the soils are Class 4
soils and lands within a seasonal creek or county road.
Prunes:
Approximately 120 acres planted to bearing French prunes. 20
acres planted in 2013, 80 acres planted in the 1990’s and 20
acres planted in the 1980’s. Tree stand is in the 90% with
replants in place. Tree spacing varies by blocks. Blocks are
level to grade. 2017 total production was 328.3 dry tons, 2.73
tons per acre.
Pistachios:
Approximately 40 acres of Kerman pistachios planted in 2017 on
UCB1 rootstock w/ 5% pollinators. Topography is sloping to
undulating. Tree spacing is 17’ x 19’, 134 trees per acre. Trees
are on a continual program of training and tying. Irrigation is
provided by a double line drip system. Trees are recognized as
an excellent planting by crop experts.
Walnuts:
Approximately 14 acres of Chandler walnuts planted in 2015 on
paradox rootstock. Tree spacing is 18’ x 27’, 90 trees per
acres. Topography is level to grade. Irrigation is provided
using above ground drip line w/ micro sprinklers spacing at 36’
x 27’. Trees are in good condition, near 100% tree stand.
Grazing Land:
Approximately 20 acres within a seasonal creek is perimeter
fenced.
Fruit Orchard:
Broker estimates an acre is planted to Peaches, Apricots,
Nectarines, Cherries, Pomegranates and Persimmons. Seller
reports these trees are a big hit with employees and family.
Zoning: Tehama
County Parcel Numbers 067-251-019 (93.24 acres), 067-251-020
(23.28 acres) & 067-251-021 (93.48 acres). The property is zoned
AG-2, Ag Preserve, 40 acre minimum. This zoning may help to
minimize future property taxes.
Mineral Rights: Oil,
gas and minerals rights owned by Seller are included in the
sale.
Buildings: Buildings
include a 800 sq. ft. wood framed, metal roof and sided shop
with adjacent equipment shed. Nearby is an area used for a
vegetable garden.
Depreciation:
Improvements such as the trees, wells, irrigation systems may
offer depreciation advantages to a prospective Buyer.
Comments:
Opportunity to purchase 210 acres of land planted to French
Prunes, Kerman Pistachios & Chandler Walnuts which is not
burdened by homes or excessive improvements. This orchard is
located in one of the best groundwater areas of Tehama County
and an area known for orchard production.
Listing Price: $4,225,000
cash to Seller. Buyer to cooperate with Seller’s intention to
purchase replacement property using a 1031 tax deferred
exchange. ACTIVE UNDER CONTRACT
Contact
Info:
Please contact the Listing Brokers, Bert Owens or Sam Mudd
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.