5,069 ac- Eucalyptus, Irrigation Wells

Property Overview

  • Price: $28,489,500
  • Address: Brannin Road, Corning, CA 96021
  • Lot size: 5,069 acres
Property Brochure

Property Details

5,069 contiguous acres located off Brannin Road of the Corning City limits, within the unincorporated Tehama County. The property consists of irrigated land primarily planted to Eucalyptus.

Location: This parcel group is located about 5 miles southwest of Corning.

Water: The land is within the Corning sub-basin of the Sacramento Valley groundwater basin designated as a high priority basin. It has 16 irrigation wells, 14 with pump stations. See attached well map.

Soils: Per Natural Resource Conservation Services nearly 86% of the soils are rated Class 4, 8% rated Class 3 soils with the balance rated Class 6 or higher. 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 (36) contiguous assessor parcels. Zoning is AG-2, Agricultural – 20 acre minimum. 10 of 36 parcels are enrolled with the Willamson Act. See attached schedule of Assessor Parcel Numbers.

Opportunity Zone: A portion of 1 of 36 parcels within this group is currently within an Opportunity Zone. Buyers are advised to research if other parcels could be added to the Opportunity Zone and should consult with their tax advisor for potential benefits.

Mineral Rights: Oil, gas, mineral & water rights owned by Seller to transfer to Buyer. Depreciation: Improvements such as the trees, wells and irrigations systems 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: $28,489,500 cash to Seller, $5,619/acre using 5,069 deeded acres

AG-LAND Investment Brokers
Bert Owens, DRE 01707128

(530) 949-4054
AG-LAND Investment Brokers
Sam Mudd, DRE 01707128

(530) 524-4900
Western Agricultural Services
Jim Rickert, DRE 00476528

(530) 949-1078
Western Agricultural Services
Kasey Stewart, DRE 01399535

(530) 510-2150

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