254.61 Acres in Linden, CA - $7,200,000
Frazier Vineyard
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The Mendrin Group is pleased to exclusively represent for sale the Frazier Vineyard, 254.61 +/- gross assessed acres featuring 240.23 +/- block acres of producing, planted winegrape vineyards and 14.38 +/- of supporting and ancillary land. Property is located in the Lodi AVA and Clements Hills sub-AVA within San Joaquin County, California. Further details are described below.
254.61 +/- gross assessed acres located in San Joaquin County, comprised of 240.23 +/- block acres, and 14.38 +/- acres of ancillary and supporting land which includes a Headquarters/Yard (with a well site, filter and booster station), and dirt roads/avenues.
Entire vineyard is planted to Chardonnay.
1996 to 1999 plantings, with a 5-year average yield of approximately 7.08 tons per acre (based on total block acres).
Irrigation water is currently supp...
Irrigation water is currently supplied to the vineyard blocks via 1 operating agricultural well, pumping at a rate of approximately 1,495 +/- gallons per minute (GPM), which is distributed throughout the Property via PVC underground main and lateral pipelines to driplines with emitters.
Portions of the Property are currently located within the boundaries of the Stockton East Water District and North San Joaquin Water Conservation District, but does not currently have infrastructure in place to receive surface water deliveries. Seller is currently working with the Stockton East Water District (SEWD) Groundwater Sustainability Agency ("GSA") and the San Joaquin Local Agency Formation Commission (LAFCO) to potentially enter the entire Property within the boundaries of the SEWD and SEWD GSA. Further information will be provided to Prospective Buyers that show interest in the vineyard when available from the Seller.
The Wine Group (*2nd largest U.S. winery by case sales) is currently leasing the Frazier Vineyard via a triple-net lease which terminates in December 2023. (*Per a Wine Business Monthly Article - February 2023)
Vineyard is located in the Lodi American Viticultural Area (AVA), Clements Hills sub-AVA, and California Grape Pricing District 11.
Purchase Price: $7,200,000 ($28,279 +/- per gross acre) all cash at the close of escrow.
Additional information, including a Due Diligence Data Room on the Property, is available for review after signing the Sellers Confidentiality & Non-Disclosure Agreement (CNDA). Please contact The Mendrin Group to obtain a copy of the CNDA for signature.
Private Property tours and inspections are strictly by appointment only with 48 hours prior notice by contacting The Mendrin Group.
Exclusive Seller Representation by The Mendrin Group.
Buyers/Recipients communications, viewing of the Property, Letter of Intent submissions, Property Due Diligence data requests, and Property Due Diligence site visits shall be directed only through The Mendrin Group.
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