Location
Property is located on the south side of Avenue 288 (Walnut Avenue) and just east of Road 148 in Visalia, CA.
Size
+/-31.79 Assessed Acres
Plantings
The property is planted to +/-27 acres of Chandler variety walnuts on Paradox rootstock (80%) and Black rootstock (20%), planted in 2007 at 24’ x 24’ spacing.
The balance of the property is open land.
Water
Property is within Consolidated Peoples Ditch Company and includes nine (9) shares of stock. There is one (1) 20 hp ag well drilled in 2014 at 310' deep on the east side of the property.
Soil
The property features both Grade 1 – Excellent and Grade 2 – Good soils:
61.2% Nord find sandy loam
38.8% Grangeville sandy loam
Legal
Tulare County APN: 127-040-044
Groundwater Disclosure
Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA may limit ground water pumping. For more information, please visit the SGMA website at https://water.ca.gov/programs/groundwater-management/sgma-groundwater-management.
The Buyer is responsible for conducting their own research to verify all information related to groundwater and surface water resources, including availability, usage rights, and potential restrictions.
Remarks
An exceptional investment opportunity with income-producing walnuts and significant development potential, as the property is located adjacent to the City of Visalia’s Urban Development Boundary.
