Whiteley Orchard (Property 2/11)
Property Details
Whiteley Orchards is a versatile agricultural land holding a total of 134 +/- assessed acres. 129 acres are planted to orchards consisting of 50 acres of young Chandler walnuts just coming into production and 79 acres of producing French prunes. The Class 1 soils, (2) agricultural groundwater wells and climate combine to make this property ideal for continued agricultural use.
Location: The property is approximately 7 miles southeast of Corning, CA. From Corning, travel east on South Avenue, turn right onto Rhode Island Avenue then another right onto Illinois Avenue. Turn left onto Pennsylvania Avenue and continue straight ahead to the property.
Walnuts: 50 acres planted in 2020 to Chandlers with a tree spacing of 22 feet by 26 feet, 76 trees per acre. They are irrigated by solid set with Nelson R2000 sprinklers. First harvest planned for October, 2024.
Prunes: 79 acres planted in 1990 – Block D, 1995 – Block C & 2008 – Block E to French prunes with tree spacing of 11 feet by 22 feet, 180 trees per acre. These trees are flood irrigated. In 2023, this mixed aged orchard produced 2.95 tons per acre.
Crop: 2024 crop is excluded from sale.
Water: Irrigation is provided by (2) groundwater wells. The static water level is estimated at 25 feet. Well #1 located in the northeast corner of the walnut block is equipped with 75Hp electric turbine motor, well production is estimated at 2,000 gpm. Well #2 centrally located to the prune blocks is equipped with 15Hp electric turbine motor, well production is estimated at 1,200 gpm.
Soils: Per NRCS, the soils are rate as Class 1. The soil consists of Columbia silt loam (CsA) and Zamora silt loam (ZM), providing a strong foundation for agricultural use.
Zoning: Tehama County Parcel Numbers 091-330-052. The property is zoned AG-2-AP, Agricultural, AG preserve, 20 acre minimum. Current property taxes are $4,829 per year.
Mineral Rights: Oil, gas, and minerals rights owned to be included in the sale.
Depreciation: Improvements such as the trees and 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: $2,430,000 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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