2,328 ac- Eucalyptus, Irrigation Wells, Homesite, Corning Water District, Natural Gas Tap
Property Details
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