Description
PRICE REDUCED $1,500,000 FROM COMMERCIAL APPRAISAL OF $6,366,000NOW ONLY $4,866,000100 PAGE COMMERCIAL APPRAISAL AVAILABLEContact listing agent for link to narrated video with 46 photos of property, 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.
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0BEDS
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127.32ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
PRICE REDUCED $1,500,000 FROM COMMERCIAL APPRAISAL OF $6,366,000NOW ONLY $4,866,000100 PAGE COMMERCIAL APPRAISAL AVAILABLEContact listing agent for link to narrated video with 46 photos of property, 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.
© 2020 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2020-09-26T00:17:29.073.