Status: For Sale
Price Per Acre: $31,000
This opportunity is located in the desirable farming area of Earlimart, CA. The subject property is planted to table grapes with V-Gable Trellis. This unique investment opportunity offers tables grapes, income, tax benefits, district water & well water and Grade-1 Excellent soils.
Northwest corner of Avenue 44 and Road 144 just southwest of Earlimart, CA. Approximately 44± miles north of Bakersfield, 153± miles north of Los Angeles and 196± miles south of Stockton.
The offering has both district water and well water for the vineyard. The land is located in and receives surface water from the Delano-Earlimart Irrigation District through an on-site meter 363. The district entitlement is approximately 2 acre feet at 100% Class 1 allocation; in 2019 there was not a limit on allocated water. In 2020 as of 3-10-2020 the announced allocation is .85AF/acre, subject to change. The district levies two primary charges; in 2020 the Water Use Charge was $145/acre foot plus lift charges if applicable, and four land-based assessments totaling $135.86/acre. The AG well is equipped with a 40 HP submersible pump. On 4-5-19 pump test indicated 275±GPM. The vineyard is irrigated with drip system, sand media filters with a reservoir.