22.8 Acres in Fresno, CA - $599,000
+/-22.8 Acres - Almonds - Fresno, CA
Location: 3617 E. Nebraska Ave., Fresno, CA
Property is located at the southwest corner of Nebraska Ave. and Peach Ave., between Selma and Caruthers.
Size: +/-22.8 Assessed Acres
Legal: Fresno County APN: 385-051-28s
Plantings: Property is fully planted to Almonds planted in January 2016. 50% Nonpareil variety and 50% Independence variety
Water: Trees are irrigated via one on-site Ag well. Water is distributed via a filter and dual-line drip system.
Ranch is within Consolidated Irrigation District, but does not have access to deliveries.
Buildings: The property has an older home and several out-buildings. All structures are in poor condition and being sold as-is, where-is. Home to be vacant after September 1, 2021.
Lease: The almonds are leased to a reputable third-party grower through December 2046. This lease will transfer with the property. Lease rate is 25% of gross crop income...
Lease: The almonds are leased to a reputable third-party grower through December 2046. This lease will transfer with the property. Lease rate is 25% of gross crop income. A copy of the lease is available by request.
Soil: Property has mostly Grade 2 Good soils. Soil report available upon request.
Remarks: Great investment opportunity! Lease on property provides steady income while you build equity in this desirable farming area.
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