21606 Avenue 360

    Woodlake, CA 93286
    • $6,100,000
    • STATUS: Active
    • ON SITE: 221 days
    • ID#: FR19065855
    Foreclosure
    UPDATED: 149 min ago
    $6,100,000
    • 0
      BEDS
    • 117.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Possibility of Huge tax benefits to the buyer. Buyer is advised to seek tax and legal advise. This offering consists of a 119.83 acre Olive Grove Subdivided into , 2.5 acre lots. All studies,reports including EIR have been completed. This project has completed requirements as per the State of California and Tulare County Board of supervisors and tentative map approved. Project approved for engineered septic systems. There are a total of 26 wells, 16 with pumps and 8 well are used for irrigation. The entire ranch is watered through a solid set irrigation system and a 3,000,000 gallon capacity reservoir, with a1400 GPM Flow-Guard self cleaning filter system. The 10 year production average is 6.1 tons/acre, with the state average is only 3 tons/acre. This is a high quality Olive ranch. Manzanillo variety.The 9 year average annual income is $516,983. This income can help offset the cost of development.Great opportunity for the investor to take advantage of the tax benefits and develop into home sites. Purchase price of 6.1 Million was established as per a licensed commercial appraisal. Crop is included

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T00:30:08.51. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/93435313

    21606 Avenue 360 Woodlake, CA 93286

    • Price: $6,100,000
    • Status: Active
    • Updated: 149 min ago
    • ID#: FR19065855
    0
    Beds
    0
    Baths
    0
    ½ Baths
    117.32
    Acres
    Neighborhood:
    699 - Not Defined
    County:
    Tulare
    Area:
    699 - Not Defined
    Property Description
    Possibility of Huge tax benefits to the buyer. Buyer is advised to seek tax and legal advise. This offering consists of a 119.83 acre Olive Grove Subdivided into , 2.5 acre lots. All studies,reports including EIR have been completed. This project has completed requirements as per the State of California and Tulare County Board of supervisors and tentative map approved. Project approved for engineered septic systems. There are a total of 26 wells, 16 with pumps and 8 well are used for irrigation. The entire ranch is watered through a solid set irrigation system and a 3,000,000 gallon capacity reservoir, with a1400 GPM Flow-Guard self cleaning filter system. The 10 year production average is 6.1 tons/acre, with the state average is only 3 tons/acre. This is a high quality Olive ranch. Manzanillo variety.The 9 year average annual income is $516,983. This income can help offset the cost of development.Great opportunity for the investor to take advantage of the tax benefits and develop into home sites. Purchase price of 6.1 Million was established as per a licensed commercial appraisal. Crop is included
    Exterior Features

    Lot Features Agricultural - Tree/OrchardGentle SlopingLot Over 40000 SqftMisting SystemSprinkler System Lot Size Source Assessor Lot Size Units Acres Road Frontage Type Country Road Road Surface Type Unpaved View HillsMountain(S)Trees/Woods View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Foothills Country Us Current Use Comments This Offering Consists Of 127.32 Acres Planted ... Distance To Water Comments 100 Elevation Units Feet Improvements 117.23 Acres Of Planted Manzanillo OlivesPipelinesIrrigation Systems. Land Lease YN No New Construction YN No Possible Use Comments New Tax LawAnd At The Option Of The Buyer/Cpa $6237983 Depreciation is Available in The First Year To The Buyer(Check With Your Cpa). This Subd... Senior Community YN No Special Listing Conditions Real Estate Owned Sprinklers YN Yes Subdivision Name Other Antelope Valley Subdivision Utilities PropaneWater Available Water Source Agricultural WellPrivateWell Water Well YN Yes Zoning Pd-F

    Listing provided courtesy of Steven Herring of Coldwell Banker Premier Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T00:30:08.51. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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