23 +/- deeded acres planted to producing Manzanillo olive trees located 2 miles west of Orland, CA. Flood irrigation water provided by Orland Unit Water Users Association. The parcel zoning is RE-5, (Rural Residential Estates, 4.25 acre minimum) which may offer significant development value in the future.
Location: From Orland, west on Newville Road / County Road 200 for 1.8 miles, then north on Olive Road / County Road E for about .3 miles. Orchard is on the right side of Olive Road.
Soils: Per NRCS, 2/3 of the soils are rated class 2, Wg; Wyo loam and Omr; Orland loam. The balance are rated class 4 soils, Czk; Cortina gravelly fine sandy loam. The field is bench level for flood irrigation.
Water: Flood irrigation provided Orland Unit Water Users Association. As a secondary supply, the previous owner installed buried mainline, above ground drip line with micro sprinklers and connected to an 8” well on their adjoining parcel. Using this water source, the orchard can be micro irrigated in (4) blocks. In the past, per verbal agreement, the previous owner has allowed Seller to use this well for supplemental water.
Olives: 21 +/- acres of Manzanillo Olives estimated to be 25 years old. The primary tree spacing is 23’ x 23’, 82 trees per acre. Several rows are spaced 12’ x 23’, Olives are marketed with Musco Family Olive Co. Production has ranged from 8.5 tons per acre in 2017 to a crop insurance loss in 2021. Per crop insurance records, the 2021 approved yield is 4.4 tons per acre.
Crop: 2022 crop included in the sale provided Buyer reimburses Seller cultural costs from October 15, 2021 to close of escrow.
Zoning: Glenn County Parcel Number 044-270-043-000. Current property taxes are $3,908 per year.Zoning is RE-5 (Rural Residential Estates, 4.25 acre minimum). https://www.countyofglenn.net/govt/county-code/title-15/division-3/part-1/chapter-350
Mineral Rights: Seller does not own oil, gas and minerals rights.
Surface Lease: A portion of the parcel is leased for the Stoney Creek Compressor Station Facility. Per Seller, the lease payment is $800.00 per year.
Depreciation: Improvements such as the trees and irrigation system may offer deprecation advantages to a prospective Buyer.
Listing Price: $485,000, cash to Seller
Sam Mudd, California Brokers License Number 01710463
Bert Owens, California Brokers License Number 01707128
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