Share This Listing

Message

932 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Gyle Rd - Olive Orchard (Olive Oil) Investment 150 Acres of Agricultural Land Offered at $3,300,000 in Corning, CA 96021

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • ±150 Acres planted in Medium Density Production Planting.
  • Well water, drip irrigation *District water may be available. Contact us for additional information.
  • Olives planted in 2012, mechanically harvested.
  • Taggiasca, Hojiblanco, Ascolano, Moraiolo, Pendolino, Barnea, Coratina, Piccual, Leccino, and Frantoio Olives.
  • New well and Variable frequency drive installed 2011.
  • 19 acres of Pendolino and Moraiolo replanted with Arbequina in 2022, the rest will benefit from updated pruning and hedging practices.

PROPERTY FACTS

Price $3,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 150.00 AC
Cross Streets Rawson Rd

1 LOT AVAILABLE

Lot Rawson Rd

Price $3,300,000
Price Per AC $22,000.00
Lot Size 150.00 AC

DESCRIPTION

Farmland is a strong investment offering tax write-offs, passive income, and portfolio diversification while serving as a hedge against inflation. Historically, its returns have outperformed most asset classes and remain uncorrelated to stocks, bonds, and real estate. This property, centrally located in the Sacramento Valley, features a commercial well in the Red Bluff SGMA basin (medium priority, no critical overdraft). Multiple crop varieties reduce risk from weather and crop cycles, while drought-resilient olive orchards add stability, making this a secure, long-term investment.

  • Listing ID: 35050825

  • Date on Market: 3/6/2025

  • Last Updated:

  • Address: Gyle Rd, Corning, CA 96021

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}