11481-1149 Avenue 16

Description

Terra West Group presents an exclusive opportunity to own 320.0 gross acres consisting of almonds situated on the outskirts of Delano, CA, close in proximity to town and Hwy 99. Located at the southwest corner of the Ave 16 and Rd 120 intersection, this property offers a legacy agricultural investment in a prime location with excellent soils. The property consists of 312 net acres of almonds planted in 1999 (Nonpareil, Monterey, Fritz, Aldrich, Butte & Padre varieties) with 22' x 18' spacing. The orchard receives water from 2 wells equipped with electric motors (200hp & 300hp) distributed through micro sprinklers with ample sand media filtration. The subject also features a reservoir as well as a third well that is currently capped. The subject's growing region is known for its highly productive class 1-2 soils allowing for a desirable selection of crops to be grown. This opportunity represents a compelling investment with several benefits going forward. This ranch offers excellent potential to implement a comprehensive water plan, redevelopment opportunity, significant tax incentives, low entry cost of land, economies of scale, road accessibility and easy access to the highway, and highly productive soils, making this an exceptional buying opportunity.