2,328.78 deeded acres consisting of irrigated land primarily planted to Eucalyptus. This parcel group has access off Liberal Avenue. Other improvements include 8 irrigation wells, some acres within Corning Water District, gravel/graded roads, homesite with modular home and natural gas tap.
Location: This parcel group is located about 5 miles southwest of Corning. The address is 21478 Liberal Avenue, Corning, CA 96021.
Water: Approx. 170 acres are within the Corning Water District. The land is within the Corning sub-basin of the Sacramento Valley groundwater basin designated as a high priority basin. It has 8 irrigation wells, 3 with pump stations. See attached well tар.
Soils: Per Natural Resource Conservation Services (NRCS) nearly 80% of the soils are rated Class 4, the balance being rated Class 3 soils. The primary soil type is Corning-Newville gravelly loams, 3 to 10 percent slopes. See attached soils map.
Zoning: This parcel group is comprised of (12) contiguous assessor parcels. Zoning is AG-2, Agricultural – 20 acre minimum. Except for one parcel, these parcels are enrolled in the Williamson Act. See attached schedule of Assessor Parcel Numbers.
Opportunity Zone: All 12 parcels within this parcel group are within an Opportunity Zone. Buyers are advised to consult with their tax advisor for potential benefits.
Mobile Home: Manufactured in 2000, this 1,440 SF home with 3 bedrooms & 2 bathrooms has a new composition roof installed in 2019.
Mineral Rights: Oil, gas, mineral & water rights owned by Seller to transfer to Buyer.
Depreciation: Improvements such as the trees, wells and irrigations systems and mobile home may offer prospective Buyer’s deprecation advantages.
Comments: Sellers require all Buyers to be prequalified and sign Confidentiality and Non-Disclosure and Property Access Agreement. Additional acreage is available.
Showing: Call Listing Broker, 24-hour notice, Listing Broker to accompany
Listing Price: $12,809,500 cash to Seller, $5,500/acre using 2,328 deeded acres