Courtesy of: Steven Herring | Coldwell Banker Premier R.E.
Purchase Type: Sale
MLS ID: 550292
Days On Market: 179
Lot size: 127.32
Property Type: Land Lots
New Construction: No
Swimming Pool: No
School District: Woodlake Schools
Address: 21606 Avenue 360
Property Taxes: $0
Price Reduced $1,500,000 From Commercial Appraisal of $6,366,000
Now Only $4,866,000
100 Page Commercial Appraisal Available
Property consists of 127.32 acres of Manzanillo Olives, which is subdivided into 43 lots, averaging 2.5 acre parcels. This subdivision is Tulare County approved and is ready for development. State of the art irrigation system, 1400 GPM Flow-Guard self cleaning filtration system, 26 Ag and Domestic wells, 3,000,000 gallon capacity reservoir, 2-variable flow drive pumps for automatic delivery of water to as little as 5 acres, up to 60 acres in one set, 10 year production average is 6.1 tons/acre, while state average is 2-3 tons/acre. Crop income can help in offsetting development costs. Interested parties should consult with their CPA pertaining to 2017 Bonus Depreciation Tax Law, which allows accelerated depreciation in the year of purchase. Farm management is available. call Steve for a link to a 3 minute drone video. of the ranch.
Listing Information provided courtesy of the Fresno MLS/Association of Realtors. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 22nd April, 2021 2:43 AM