Russel Road, Casa Grande, AZ 85193 - Pinal County

JORDE 324 AC FARM

Pinal County, Arizona / 324.78 Total Acres

Offered by: Jack Doughty, Three Rivers Ag Investments

Situated south of I-8 and east of Russell Road, west of Casa Grande, Pinal County, Arizona. Excellent farmland investment with potential for growth in value. This farm receives gravity flow irrigation water from the Maricopa Stanfield Irrigation and Drainage District (MSIDD). Irrigation water is delivered to approximately 17 acre level fields through a series of concrete ditches with a capacity of 15 cfs. The farm has grandfathered water rights for 315 acres with a current allotment of 1,057.44 af/year.

Price: $2,300,400 or $7,100 per acre. More information available here (pdf)

Location:

This farm is located between Beggs Road on the north and Arica Road on the south, on the east side of Indian Valley Road alignment. Access is from Russell Road south of I-8, Pinal County,

Arizona.

Acreage

* Total acres 324.781

* Cropland acres 296

* GFWR 315

* MAWA 3.36

Legal:

Generally described as government lots 3, 4, 9, 10, 15, 16, 21 (por.) and 22 (por.), Section 13; and government lot 3 (por.), Section 24, all located within Township 7 South, Range 4 East, G&SRB&M, Pinal County, Arizona.

APN:

500-19-002A, 500-19-006B and 500-23-003B.

Irrigation:

This farm receives gravity flow irrigation water from the Maricopa Stanfield Irrigation and Drainage District (MSIDD). Irrigation water is delivered to approximately 17 acre level field blocks through a series of concrete ditches having a capacity of 15 cfs. Current water costs include a district assessment of $26.00 per district acre and a water charge of $45.50 per acre-foot for the first 4.5 acre-foot, and $59 per acre-foot thereafter. The farm holds a grandfathered water right for 315 acres with a current allotment of 1,057.44 acre-foot/year. GFWR Certificate No. 58-102320.0002.

FEMA:

Flood Zone A

FSA:

Crop / Base / Yield

Upland / 143.35 / 1,430

Wheat / 33.24 / 74

This farm was split from a larger FSA tract. Cropland acres and base acres are estimated with the final allocation to be determined by the Farm Service Agency.

Soils:

Series / Class / Approximate%

30 Mohall sandy loam / I / 23

32 Mohall clay loam / I / 42

45 Trix clay loam / IIw / 35

Taxes:

Estimated at $10,750 per year, inclusive of irrigation district assessments based on 2010 taxes.

Price:

$2,300,400 or $7,100 per acre

Terms:

Cash