522.3 acs. Burford West Helm Ranch
$5,894,700
Helm, CA
Status: For Sale
Acres: 522.3±
Price Per Acre: $11,286
Description
Located near the center of Fresno County's irrigated farmland is a multigenerational property planted to almonds. The land has several water supply options depending on the rainfall year, including multiple wells and the ability to bring Central Valley Project (CVP) water. LEASHOLD SUMMARY Premises: 135 acres± - see planting maps in brochure. Lease Term: 20 years commencing on January 1, 2016 Annual Rent: the greater of $300/acre or 15% of gross revenue resulting from sale of almonds. - $300/acre is due January 5th of the year immediately following the year in which almond sales were made and, the remainder, if any, on September 1st of that year Option to Renew: One 5 year option Expenses: Lessee shall be responsible for all expenses and maintenance: taxes, insurance, utilities, water costs, etc. Assignment: Lessor’s written consent is required for assignment of the lease
Location
The ranch can be accessed off 145 (Lassen Ave.) and S Colorado Ave., south of the Bypass and north of the City of Helm, CA.
Legal
040-040-23s; 040-050-13s, 14s, 44s, & 49s. Leasehold: 040-050-51s & portion of 040-050-53s
Water
CVP water can be purchased and brought to the property through James Irrigation District Canal on the north side of the property. There are (3) ag wells and (2) lift pumps.
Zoning
AE20 (Agricultural Exclusive - 20 acre minimum). All APNs are within the Williamson Act except 040-040-23s, & 040-050-49s (67.87± acres).