Pearson Realty

101.81 acs. Delano Earlimart I D Table Grapes - Ranch 48

$3,156,064

Earlimart, CA

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Status: For Sale
Acres: 101.81±
Price Per Acre: $31,000


Description

This opportunity is located in the desirable farming area of east 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 reasonable soils.


Location

Southwest corner of Avenue 48 and Road 184 east of Earlimart, CA. Approximately 44± miles north Bakersfield, 153± miles north of Los Angeles and 196± miles south of Stockton.


Legal

338-180-006


Water

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 302. 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 wells are equipped with a 125HP and 150 HP turbine motors. On 4-3-19 and 4-5-19 pump tests indicated 1,530±GPM total. The vineyard is irrigated with drip system, sand media filters and spin clean filter.


Zoning

AE 20

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