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Meridian -1
Vacaville, CA 95687
+/-2,218.12 Ac. Leasehold Almonds · For Lease

PROPERTY FACTS

Property Type Land
Property Subtype Agricultural
Proposed Use Agricultural
Cross Streets Hay Road

PROPERTY OVERVIEW

Location Property is located southeast of the Meridian Road and Hay Road intersection in Vacaville, CA. Size +/-2,218.12 Assessed Acres Plantings +/-2,100 acres of almonds that were planted between 2015 and 2018. See ‘Planting Map’ for details. Water +/-1,417.96 acres are located in Solano Irrigation District. +/-800.16 acres are not in an irrigation district. Soil See ‘Soil Map’ and ‘Soil Description’ for details. Legal Solano County APNs: 0042-010-240, 0042-010-250, 0042-010-280, 0042-010-290, 0042-010-370, 0042-010-590, 0042-010-600, 0042-010-620, 0166-040-100, and 0166-050-060. Price Call for Price. Remarks Listing is a lump sum purchase of a leasehold interest in the property from early 2023 through December 2038 (leasehold will span 16 harvests, 2023 through 2038). Purchase Price includes (i) the orchard/trees, irrigation system and other permanent improvements, and (ii) all rent through 2038 (i.e., all rent is prepaid upfront). No further rent or crop share is due through 2038. Landlord pays taxes on the land, tenant pays taxes on the orchard/improvements and all other expenses. Tenant may finance the lease through a leasehold mortgage. Tenant may sell or sublease the lease and keep 100% of the proceeds at any time. Landlord will work with tenant to customize the lease to their needs within the above parameters. Groundwater Disclosure The Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website at www.sgma.water.ca.gov/portal/ .

HIGHLIGHTS

  • Leasehold interest - Not a Simple Fee transaction
  • Listing ID: 27131310

  • Date on Market: 11/16/2022

  • Last Updated:

  • Address: Meridian -1, Vacaville, CA 95687

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