Property
$2,190,00038.49 Acres4 beds • 2 baths • 2,500 sq ft
Sold
Sold
$2,190,00038.49 Acres
Sold
4 beds • 2 baths • 2,500 sq ft

4870 5th Avenue, Orland, CA 95963 - Glenn County

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Property ID 13212873

Walnut Orchard &Two Houses

Description

APN: #037-060-003

EGRESS/ INGRESS: The parcel has 1,300 feet of frontage and access on both 5th Avenue and Capay Ave.

ZONING: AE-40. This zoning is meant to preserve agricultural areas from

development due to their fertile soils. The minimum parcel size must be greater

than 40 acres.

DESCRIPTION: The property features 35 acres of Chandler walnuts on Paradox

rootstock planted in 2013, two residences, both approximately 2500 sq. ft, a large

barn, shop, and farm equipment. The first house is a 2500 sq. ft. 4-bedroom 2

bathroom and was built in the 1960s. The second house is a 2450 sq. ft. 4-bedroom

2-bathroom and was built in 2016. The barn is 3000 sq. ft. and includes two stalls

and two garages. The shop is 1000 sq. ft. with a 10 roll-up door and 220v electrical

connection as well as an attached garage and office.

SOIL: This property is comprised of entirely Class 1 and 2 soils. Both types are

known as Hillgate Loam. This soil texture is well known for supporting the best

producing walnut orchards in Northern California.

WATER: The farm has one ag well. It was drilled in 2016 and is at a depth of 220. This farms

close proximity to the Sacramento River give it significant groundwater recharge abilities.

The orchard is irrigated using a solid set system. The two houses are supplied by their own

domestic wells.

SOLAR: In 2018 solar panels were installed to accommodate the two residences and the

orchard pump. Online systems are available to track the solar activity. The residences

system is located on the roof of the barn and the orchards system is ground-mounted by

the pump.

EQUIPMENT: The farm equipment and tractors could be included in the purchase for an

additional cost. A detailed list can be provided upon request.

DEPRECIATION: Improvements such as trees, wells, irrigation systems, and buildings offer

massive amounts of depreciation advantages. Please consult a licensed PCA and hear it for

yourself!

COMMENTS: A walnut orchard with two potential rentals could be your next cash cow! This

is a great opportunity to buy a farm that will be producing income for years. The tax

advantages alone are enough to make this a worthy investment. Additionally, walnut

orchards are one of the lowest maintenance crops in Northern California. If youre looking

for passive income in farming, heres your opportunity!

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Directions

LOCATION: This property is located at 4870 5th Avenue in Orland, CA. Only fifteen

minutes from the City of Orland and twenty minutes from the City of Chico.

Environmental Factors

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Source:First Street

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Listing last updated: January 2, 2023 at 12:34 AM
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