113.36 acs. Selma Walnuts

$1,870,440

Selma, CA

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Status: For Sale
Acres: 113.36±
Price Per Acre: $16,500


Description

This 113.36± assessed acre opportunity is located in the desirable farming area of Selma, California. This land is planted to 100± acres of walnuts. The property is located in Laguna Irrigation District boundaries, but is irrigated with well water from 1 well. The offering features: quality well water, grade 1 excellent soils, walnuts in full production, income, and tax benefits.


Location

The offering is located conveniently on the south side of East Conejo Avenue, 1/3 mile west of Fowler Avenue, approximately 9± miles southwest of Selma, California. Regionally the subject property is located 19± miles south of Fresno, 98± miles north of Bakersfield, and 188± miles south of Sacramento.


Legal

APN 385-150-37 Fresno County


Water

The property was annexed into the Laguna Irrigation District (but does not have turnout nor is it entitled to receive district water), and is located in the North Fork GSA. The land is irrigated with abundant well water from 1 well equipped with 200HP motor/gearhead which is powered by natural gas. Walnut block SF11 is irrigated with a fan jet system SF 8 and SF9 are flood irrigated. The fanjets use adjoining filters and well on another property. At close of escrow it will be connected to well on 113.36± acres.


Zoning

The land is zoned AE-20, and is enrolled in the Williamson Act.

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