Pearson Realty

36.72 acs. Shafter Wasco Irrigation District Walnuts

$1,266,840

Shafter, CA

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Status: For Sale
Acres: 36.72±
Price Per Acre: $34,500


Description

The 36.72±acre site is located in the desirable farming area of Shafter. This investment opportunity offers; income & possible appreciation, young walnuts, tax benefits, SWID water, within the city limits of Shafter, and R-1 zoning.


Location

This offering is on the north west corner of Riverside Street & Shafter Ave, within the city limits of Shafter, Ca. Approximately 14± miles north Bakersfield, 106± miles north of Los Angeles and 262±miles south of San Jose.


Legal

026-220-05 & 026-260-11


Water

The site is located in and receives surface water from the Shafter Wasco Irrigation District through meter 1.1-3.1-11. The district levies two primary charges; in 2017 the Water Use Charge was $88.64/acre foot, with a standby Charge is $20/acre. On behalf of the district the Kern County Tax collector collects a General Admin and General Project Service Charge of $66.60/acre with the property taxes. The Walnuts are irrigated by a fan jet micro system with sand media filters through a reservoir.


Zoning

R-1 (low density Residential)