155.73 acs. Semi-Tropic Water Storage District Almonds

$3,037,000

Wasco, CA

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Status: For Sale
Acres: 155.73±
Price Per Acre: $19,502


Description

The 155.73± assessed acre opportunity is planted to 152± acres of Independence Almonds established in February 2015. The orchard currently has three (3) sources of water; Semi-Tropic WSD contract entitlement (3.5AF/acre), Semi-Tropic WSD Supplemental Ag Water (SAW) program (up to 5AF/acre), and well water. Additionally, the site is improved with a 61.52kW total CEC-AC rated solar system, general shop with loading ramp, enclosed shop, and pole barn. The offering features: Two types of Contract water with Semi-Tropic WSD, well water, solar to offset utilities cost, reasonable soils, almonds in production, income, and tax benefits.


Location

The offering is located at the northwest corner of Jackson Avenue and Gun Club Road, Wasco, CA. Approximately 8± mile west of Wasco, 29± miles northwest of Bakersfield, 142± miles north of Los Angeles, and 204± miles south of San Jose.


Legal

Kern County, California. APN: 069-310-38


Water

The offering is located in Semi-Tropic Water Storage District (STWSD). The entire property has contract entitlement of 3.5AF/acre or 547.26AF through meter S-67. Additionally, the property has a district contract for the Supplemental Ag Water (SAW) program that allows the owner the ability to supplement their contract entitlement supply up to a total of 5AF/acre or 781.80AF until 2035. In addition to the abundant district water the farm has a well was well drilled in 2010. It is equipped with 200HP electric motor. In 2021/22, on behalf of the STWSD the Kern County Tax collector collected a charge of $139/acre with the 2021/22 property taxes. Water is delivered to the orchard by double line drip system, with a reservoir, sand media filters, acid injection system, and two (2) 50HP booster pumps.


Zoning

The land is zoned A (Exclusive Agricultural), and is enrolled in the Williamson Act.

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