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Investment Highlights

  • • MULTIPLE WELLS
  • • FEE SIMPLE & LEASEHOLD INTEREST
  • • PRODUCING ALMONDS
  • • ACCESS TO CVP SURFACE WATER

Executive Summary

Located near the center of Fresno County's irrigated farmland is a multigenerational property planted to almonds. The land has several water supply options depending on the rainfall year, including multiple wells and the ability to bring Central Valley Project (CVP) water. LEASHOLD SUMMARY Premises: 135 acres± - see planting maps in brochure. Lease Term: 20 years commencing on January 1, 2016 Annual Rent: the greater of $300/acre or 15% of gross revenue resulting from sale of almonds. - $300/acre is due January 5th of the year immediately following the year in which almond sales were made and, the remainder, if any, on September 1st of that year Option to Renew: One 5 year option Expenses: Lessee shall be responsible for all expenses and maintenance: taxes, insurance, utilities, water costs, etc. Assignment: Lessor’s written consent is required for assignment of the lease.

Property Facts

Price $5,894,700
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 522.30 AC
Opportunity Zone Yes
Zoning AE20 - AE20 (Agricultural Exclusive - 20 acre minimum). All APNs are within the Williamson Act except 040-040-23s, & 040-050-49s (67.87± acres).

1 Lot Available

Lot

Price $5,894,700
Price Per AC $11,286.04
Lot Size 522.30 AC

Description

Multigenerational property planted to almonds.

Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 34322638

  • Date on Market: 12/30/2024

  • Last Updated:

  • Address: S. Colorado Ave, Helm, CA 93627

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