Tree-O Orchards (Property 8/11)
Property Details
94 +/- acres of Class 1 soil with good water between Red Bluff and Chico in the heart of the tightknit Daityville community. 92 +/- acres are planted to producing French prunes and Howard walnuts plus older Hartley walnuts not currently being farmed. The farmstead includes a residence and multiple outbuildings.
Location: Just 8 miles (S) of Red Bluff and 30 miles (N) of Chico. From Red Bluff, (S) on Highway 99E and turn right onto Oklahoma Avenue. The property is 1/2 mile west of the highway on the lefthand side. The address is 24365 Oklahoma Avenue, Red Bluff, CA 96080.
Prunes: 48 acres are planted to French prunes. Block A has 33 acres planted while Block C has 15 acres planted. Both blocks originally planted in 1999 have since been replanted using Myro rootstock. 2023 production was 3.07 dry tons per acre. Tree spacing is 12ʼ x 24ʼ, 151 trees per acre. The prunes are irrigated by hand move sprinklers.
Walnuts: 44 acres are planted to walnuts. Block E has 15 acres of Howards planted in 2010, paradox rootstock. These 14-year-old walnuts are in good condition. 2023 production was 5,916 inshell pounds per acre. Tree spacing is 14ʼ x 26ʼ, 120 trees per acre. irrigated by tubing and R10 sprinklers. Blocks B, D & F total 29 acres of Hartley walnuts on black walnut rootstock, replants on paradox rootstock. These blocks are not actively farmed.
Crop: 2024 crop is excluded from sale.
Water: There are (2) wells on the property. The irrigation well within Block E is equipped with a 50 Hp electric turbine. The domestic well for the farmstead is equipped with submersible pump. Static water level is estimated at just 17ʼ. The property also benefits by having 7.23 Los Molinos Mutual Water Company shares.
Soils: Per Natural Resources Conservation Service, the soils are rated Class 1. 83% being Vina loam (VnA), the balance being Columbia fine sandy loam (CmA).
Improvements: Home built in 1932, 1,148 sq. ft., 3/1, 852 sq. ft. shop and 3,960 sq. ft. equipment shed.
Zoning: Tehama County Parcel Numbers; 045-070-001. The current zoning is AG-2 Ag Preserve, 40-acre minimum. Property taxes are $5,043/year.
Mineral Rights: Oil, gas and minerals rights owned to be included in the sale.
Depreciation: Improvements such as the trees, irrigation systems and buildings may offer deprecation advantages to a prospective Buyer.
Showing: Please do not disturb the Tenants. To show the home, 48-hour advance notice is required. Listing Agent to accompany.
Listing Price: $1,680,000 cash to Seller.
Receivership: This property is 1 of 11 properties for sale by court ordered receivership. It may be purchased individually or in combination with other properties offered for sale.
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