9833 S Colusa AVE Active Save Request In-Person Tour Request Virtual Tour
San Joaquin,CA 93660
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID 622586
Lot Size 120.000 Acres
Property Sub-Type Farm
Property Description
Leasehold Interest for saleAssumable loan of $500,000 @ 3.75%Plentiful Water (Full allocation)Nice Shop120 Ac. - Nut Orchard Leasehold Sale - $2,600,000Almonds: 80 ac (22 x 14 spacing) - Varieties: Nonpareil/Monterey on Hansen Rootstock - 2016 plantingPistachios: 40 ac - Golden Hills Variety - 2016 planting-Irrigation Water - Consistent, reliable water source. No water allocation limits or drought restrictions in place.- Water cost: $145 per AF-Drip Irrigation (Double Line)-Single 65 hp lift pump to move water from district ditch into filter station-VFDLease Terms:-10% of crop annually paid to owner/lessor plus property taxes.-Almonds - up to Year 2045 - Possible to extend.Buyer is purchasing:-Trees, irrigation system, and exclusive use land.-A farming business that is currently generating revenues.-Right to farm land for duration of lease term.-First right of refusal to purchase 120 acres of real estate (farm land), when current land-owners or next generation decide to sell.Buyer is not purchasing the land, but could possibly have the option to do so in the future.James Irrigation DistrictThe District obtains water from multiple sources. These sources include the Delta-Mendota Canal, the Kings River, the San Joaquin River, and groundwater extracted through District-owned wells.Attention should be given to studying the district and its historical supply of irrigation water and its multiple wells. No water allocation limits. Water is $145/AF regardless of volume usage.
Location
State CA
County Fresno
Exterior
Utilities Available Electricity Available,Electricity Connected,Natural Gas Not Available
Building
Lot Description Rural
Sewer None
Water District Water Avail
Schools
Elementary Schools San Joaquin
Middle Schools San Joaquin
High Schools San Joaquin