17092 Avenue 384, Visalia, CA 93292 - Tulare County

Plantings

Property was planted to Golden Hills pistachios in May of 2016. 2022 pistachio crop is NOT included in the price. Seller to be reimbursed for cultural costs.

Water

Property is located in Stone Corral Irrigation District and has three (3) Ag wells that were drilled in 2015 and 2020. (Well #1: 210 deep 20 HP, Well #2: 180 deep 20 HP, and Well #3: 200 15HP.) The three (3) wells have VFD controllers. There are three (3) sand media filters and drip irrigation for the orchard. There is one (1) domestic well for the house.

Home

There is one (1) single-family home on the property that is currently rented.

Soil

+/-71.8% Seville clay. +/-28.2% San Joaquin loam, 0 to 2 percent slopes.

Legal

Tulare County APNs: 036-130-014, 036-130-015, and 036-130-016.

Groundwater Disclosure

Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website.

Remarks

Great opportunity to invest in +/-58.38 acres of pistachios in Stone Corral Irrigation District. The pistachios are just coming into production. Property has three (3) Ag wells and a single-family home that provides rental income. Seller requests closing in 2023. Buyer and Seller to cooperate in 1031 Exchange.