Terra West Group is pleased to present an exclusive opportunity to acquire an investment grade large turn-key ranch, developed with diversified citrus orchards with valuable surface irrigation water. The subject is made up of 7 parcels, consisting of 276.12-acres with ±130 net planted acres of orchards.
The subject includes valuable water, sustained by multiple sources, including 93.34 shares of Pioneer Ditch Company Stock which is available to cover the entire ranch and. ±80 acres of the ranch is in Lindmore Irrigation District The property is enrolled in the Williamson Act, providing added tax benefits to the new owner.
The is currently under farm management services, has favorable operational infrastructure for continued operations, represents a compelling investment with attractive risk-return characteristics at a very attractive price. All combined, these factors make this an “exceptional buying opportunity”.
Nic Heinrichs
Managing Partner
DRE#02060442
(559) 750-8188
Land Area
±276.12 Gross Acres
Location
18376 Road 248 #A
Additional parcels along Avenue 184.
Porterville, CA
Tulare County
Legal
APN: 255-030-006, 035, 036
APN: 255-060-015, 016
APN: 255-070-025
APN: 255-080-012
Land Use
±130.0 Net Acres of Citrus
±61.0 net acres of Navel oranges
±41.0 net acres of mandarins
±28.0 net acres of Lisbon lemons
±142.0 Net Acres of Open Cropland, adaptable for permanent plantings
See Farm Block Map in the Property Memorandum for more info.
Improvements
±1,937 sq. ft. Dwelling with a Pool, Office & 4-Car Garage
Modular Home
Shop
Eight (8) Wind Machines
Water
Surface water consists of:
Pioneer Water Co. - 93.34 shares of Pioneer Ditch Stock
Lindmore ID (±80.0 acres)
Six (6) Permitted Ag Wells
One Operational, 791 gpm
Banked Water in East Kaweah GSA
Irrigation water distributed via single-line drip & micro-sprinklers.
See Infrastructure Map in the Property Memorandum for more info.
Utilities
Utilities Provided by Southern California Edison.
Soils
Porterville Clay (±65.4%)
Cibo Clay (±19.0%)
Wyman Loam (±13.5%)
See Soil Analysis in the Property Memorandum for more info.