$540,000
Visalia, CA 93292
MLS# 229984
Status: Closed

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Property Description
Plantings Property is fully planted to Lemons. The east +/-10 acres are planted to Lisbon lemons on Carrizo rootstock, planted in 2018. The west +/-10 acres are planted to Lisbon lemons on Carrizo rootstock, planted in 2017. All trees are planted at a spacing of 22 x 14. Water Property is located in Kaweah Delta Water Conservation District and part of Greater Kaweah GSA. The property features a total of three (3) wells. There are two (2) wells that each have 15 HP pumps and the newest third well has a 40 HP VFD. The property does not receive any district or outside water deliveries. Trees are irrigated via a fan-jet irrigation and spin clean filter system. It also has a Verdegaal acid system with a 2,000 gallon tank. Soil Property features 100% Grade 2 Good soil. Crosscreek-Kai Association, 0 to 2 percent slopes. Wind Machines There are two (2) wind machines, one is electric and the other is propane with auto-start. Groundwater Disclosure Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website. Remarks A highly productive and well-managed lemon block already in great production. The lease agreement, which is a 50/50 net lease, has three years remaining and will expire on June 30, 2027. The block consists of young trees with significant remaining lifespan, offering great potential in a high-quality area that could also serve as a wonderful home site.
Details
Maps
Property Information
Area: Visalia NE
Property Sub-Type: Permanent Planting
Street Name: Avenue 336
State/Province: CA
Zip Code: 93292
APN: 079010027000
County: Tulare
Lot Acres: 20
Lot SqFt: 871200
Lot Size Source: Assessor
Lot Dimensions: Irregular
Additional Parcels Y/N: No
Listing Information
Original List Price: 590000
Status: Closed
Listing Date: 2024-06-24
Listing Price: 590000
Current Price: $540,000
List Price/Acre: 29500
Showing Information
Directions to Property: From is located off of Avenue 336 and Road 132. From CA-198 take CA63 north to Avenue 336 turn east, at Road 132 turn south approx. 1/4 mile.
Remarks
Marketing Remarks: Plantings
Property is fully planted to Lemons. The east +/-10 acres are planted to Lisbon lemons on Carrizo rootstock, planted in 2018. The west +/-10 acres are planted to Lisbon lemons on Carrizo rootstock, planted in 2017. All trees are planted at a spacing of 22 x 14.
Water
Property is located in Kaweah Delta Water Conservation District and part of Greater Kaweah GSA.
The property features a total of three (3) wells. There are two (2) wells that each have 15 HP pumps and the newest third well has a 40 HP VFD.
The property does not receive any district or outside water deliveries.
Trees are irrigated via a fan-jet irrigation and spin clean filter system. It also has a Verdegaal acid system with a 2,000 gallon tank.
Soil
Property features 100% Grade 2 Good soil.
Crosscreek-Kai Association, 0 to 2 percent slopes.
Wind Machines
There are two (2) wind machines, one is electric and the other is propane with auto-start.
Groundwater Disclosure
Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website.
Remarks
A highly productive and well-managed lemon block already in great production. The lease agreement, which is a 50/50 net lease, has three years remaining and will expire on June 30, 2027. The block consists of young trees with significant remaining lifespan, offering great potential in a high-quality area that could also serve as a wonderful home site.
General Information
Garage: No
Status Change Info
Pending Date: 2024-07-18
Status Change Date: 2024-08-15
Close Date: 2024-08-15
Close Price: 540000
Close Price/Acre: 27000
Property Features
Utilities: Electricity Available
Water: Well
Listing Terms: 1031 Exchange; Cash; Conventional
Current Use: Agricultural; Farm; Orchard
Permanent Crops: Lemons
Listing Office: Schuil Ag Real Estate
Listing Agent: Curtis Travioli
Agent Email: curtis@schuil.com
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.