25 +/- Acre Sinking Basin & 25 +/- Walnuts

$2,400,000
Available

Property Details

ID: 54694
Status: Available
Price: $2,400,000
Acres: 52.26±
Price Per Acre: $45,924
Type: Farms
Address: 16190 ROAD 208
City, State: Porterville, California
County: Tulare
ZIP Code: 93257
Presented By: Tim Murray

Description

See Full Offering Memorandum Here

  • The property has a newly constructed water recharge sinking basin capable of a proforma 15 acre feet per day with an annual capacity of 2,900 acre feet based on the Seller’s and their engineering firm’s estimated capacity.
  •  The property is located in and receives a contract allocation from Porterville Irrigation District with groundwater provided by one ag well currently in use.
  • The property is currently planted to 25 +/- acres of walnuts.
  • The walnut variety is Chandler planted on Paradox rootstock.
  • The planting date for the walnuts is 2015 making them 10th leaf for the 2024 crop year.

Tim Murray

Tim Murray

Keller Williams Fresno

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Tim Murray
Keller Williams Fresno
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