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Key Details
Sold Price $845,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN21223843
Sold Date 03/04/22
HOA Y/N No
Lot Size 49.460 Acres
Property Description
Manzanillo Olive Orchard - Almost 50 acres, located on the west side of Corning Ca, near Interstate 5. This scenic, well-manicured property, offers approximately 6,000 well maintained and producing Manzanillo olive trees. The orchard is located in one of the best groundwater areas of Tehama County, within the Corning Water District, which was previously used for irrigation, as well as having a shared ag well. In 2015, a new agricultural well was drilled, on the property, to supply water to the orchard via a drip system. The well is approximately 340 feet deep, with an 8" casing, and a 20 horse power submersible pump. A diesel generator (not included in the sale) is currently being used for the agricultural well. However, a more permanent and cost efficient way to operate the well, would be to have it connected to power. A transformer is already located relatively close to the existing well. The orchard offers tons of potential for an owner operator. Make an appointment today to appreciate this affordable investment opportunity. All information herein is believed to be reliable. Buyer is strongly advised to verify all information herein.
Location
State CA
County Tehama
Zoning EA-AP
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available None, SewerNotAvailable
View Y/N Yes
View Orchard, TreesWoods
Building
Lot Description Agricultural, GentleSloping, Orchards, RectangularLot, StreetLevel
Sewer None
Water AgriculturalWell, Other
New Construction No
Others
Senior Community No
Tax ID 069240013000
Acceptable Financing Item1031Exchange
Listing Terms Item1031Exchange
Financing Private
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML