Pearson Realty

3,094.93 acs. Central California Pistachios & Farmland

$51,560,000

Corcoran, CA

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Status: For Sale
Acres: 3094.93±
Price Per Acre: $16,660


Description

This 3,094.93± assessed acre opportunity is in the closely held farming area of Corcoran, Ca. The land is planted to 414.80± acres of Pistachios, and 2,425.50± acres are used for row and field crops, with the balance land being for the shop areas, roads, ditches and canals. The land has proven to be well suited for its current use and the remaining farmland may be well suited to develop additional pistachios and/or for mitigation for SGMA. The offering has 1 shop with fenced equipment yard. This investment grade opportunity offers income, Pistachios in production, tax benefits, good location, and both district water and well water.


Location

Just west of Corcoran. Niles Ave to the north, Plymouth Ave to the south, W Cross Creek Branch to the west and 7th Ave to the east.


Legal

See brochure for multiple APNS


Water

The offering has both district water and access to well water. The farm is located in and receives water from Corcoran Irrigation District. The orchards are irrigated with single line drip to the youngest pistachio blocks and double line drip in the balance of the trees, each system has sand media filters. The shop on field 19 has a domestic well.

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