Pearson Realty

156.12 acs. Porterville Olives

$4,371,360

Porterville, CA

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Status: For Sale
Acres: 156.12±
Price Per Acre: $28,000


Description

Available for sale is a mature olive ranch located near the city limits of Porterville, north of the Municipal Airport and is within Porterville’s sphere of influence. The ranch boasts two irrigation district sources, three irrigation wells and class one soils. Commodities grown in the area include almonds, table grapes and citrus.


Location

The property is located on the west side of South Newcomb Street, between West Poplar Avenue (Highway 190) and West Scranton Avenue in Porterville, California.


Legal

302-320-037, 302-490-002 & 003.


Water

The property receives water from Porterville Irrigation District and water from Poplar Ditch where there is a 20± HP ditch pump. There are three irrigation wells included. The first well from the north has a 50± HP submersible pump that was drilled in 2014. South of this is the second well with a 30± HP electric turbine pump. There is a third off-site well north of the intersection of Scranton and Newcomb. This well has a 40± HP electric turbine pump. The Seller will provide an easement to this well. The trees are furrow irrigated.


Zoning

AE-20

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