Walnut Huller, Orchard, Homes & Shop

Property: 200 +/- ton huller/dryer on nearly 53 acres of class I Vina loam surrounded by producing walnuts, (2) irrigation wells, (2) homes, shop and office. Located just 9 miles (SE) of Red Bluff on Highway 99E.

Location: The property is located about 30 miles (N) of Chico and 9 miles (S) of Red Bluff. The Dairyville area is known for quality water, productive soils and strong community. The address is 12262 & 12300 Highway 99E, Red Bluff, CA 96080.

Huller/Dryer: The total drying capacity of both the Northern and Southern Complex’ is 200 +/- tons. The Northern Complex constructed in 2007 was built to house the facility’s hulling equipment and portion of the drying equipment. The structure consists of an open iron beam and truss structure with an approximate 36’ eave height. The structural beams sit on concrete footings with the interior flooring being almost entirely concrete flatwork including processing pits and raised curbs for equipment mounting. The adjacent Southern Complex is a remodeled portion of the original facility (per County records, originally built in 1949) consisting of enclosed warehouse space housing stadium style dryers. The structure consists of wood framing with metal roof and siding with concrete slab foundation. Dryer heat is provided by propane & owned 18,000 gallon tank. See attached scheduled for detail of processing and drying equipment.

Peerless Dryers: Additional drying capacity can be achieved by utilizing the Peerless Drying Complex adjacent to the Huller/Dryer. (22) hydraulic dumping trailers with dryer blowers plus unloading pit with elevator for dry load out.

Orchard: 39 +/- acres planted in 2004 to producing walnuts irrigated using irrigation wells and micro-sprinklers. Tulare walnuts are the primary variety followed by Chandler, Howard and Solano. Primary tree spacing is 15’ x 26’, 111 trees per acre. 2021 production was 4,593 inshell pounds per acre. 2022 crop included provided Buyer reimburses Seller cultural costs to close of escrow.

Water: (2) irrigation wells with turbine pumps (25Hp & 15Hp) provide water to the orchard. The smaller well/pump also provides water to the Huller/Dryer. Each home has a domestic well with submersible pump.

Soils: Per Natural Resources Conservation Service, nearly 95% of the soils are rated Class 1, VnA; Vina loam. The balance of the soils are unrated, Rr; Riverwash along the bank of Craig Creek.

Home #1: This home is on the 35.22 acre parcel planted to Tulare walnuts. The address is 12262 Highway 99E, Red Bluff, CA 96080. Per County records, the home was built in 1938, 1,308 sqft, 3 bedrooms and 2 bathrooms. This single story home with raised foundation has central HVAC and wood insert. Per Seller, the composition roof and windows have recently been replaced. The home is occupied by long time tenant.

A useful detached 1,248 sqft garage / shop is located nearby. This wood frame structure has concrete floor, metal siding and roof, (2) rollup doors and man door.

Home #2: This home is on the 5.78 acre huller/dryer parcel. The address is 12300 Highway 99E, Red Bluff, CA 96080. Per County records, the home was built in 1949, 1,516 sqft, 3 bedrooms and 1.5 bathrooms. This single story home with raised foundation has stucco siding and metal roof. The home condition is uninhabitable although it may be “restorable”.

Zoning: Tehama County Parcel Numbers 043-150-002 (35.22 acres), 043- 150-039 (5.78 acres) and 043-150-040 (11.99 acres). Parcel 043-150-002 is zoned AG- 2-AP, Ag Preserve, aka Williamson Act, 40 acre minimum. The other parcels are zoned AG-2, 20 acre minimum.

Mineral Rights: Oil, gas and minerals rights owned by Seller are included in the sale. Depreciation: Improvements such as the huller/dryer, trees, wells, irrigation systems and buildings may offer deprecation advantages to a prospective Buyer. Showing: Do not disturb occupants. Listing Broker to accompany showings. Listing Price: $3,500,000 cash to Seller