LEGAL PARCELS: The Iowa City Farm contains (3) legal parcels of farm land. Yuba County assessor parcel numbers: 003-110-058-000 (88.30 acres), 003-110-059-000 (7.53 acres), 003-110-060-000 (72.06 acres) 003,110-061-000 (101.76 acres) for a total acreage of 269.65 acres.

FSA ACREAGE: According to the United States Department of Agriculture Farm Service Agency, this parcel is registered Farm No. 1813/Tract 5937 and contains a total of 237 cropland acres, m/l (150 acres, m/l rice, 62 acres, m/l wheat and 25 acres, m/l walnuts).

SOIL: This very deep, well drained soil has a classification of Class No. 1 Perkins loam (50% of cropland), Class No. 3 Kimball loam, Auburn loam, and San Joaquin loam (50% of cropland). According to the USDA Soil Survey of Yuba County, these soils are all considered prime farm land soils.

WATER: This property is within the Browns Valley Irrigation District receiving water via an old 1888 water right from out of the Yuba River (first water right on the Yuba River ever recorded). In addition there are three (3) PG&E powered, excellent producing, agricultural wells located on the property that services this entire farm.

WATER SALE POTENTIAL: This farm has a 1,000 acre foot allocation within the 2013 Yuba River ground water substitution program called the Accord that has a substantial income (4 year average $46,871) for water sales in given years.

TOTAL INCOME POTENTIAL:

1) 150 acre rice production, Cal Ag Trader, 8 year avg/prices paid $140,302

2) 62 acres wheat income, 4 year average* $32,240

3) Accord ground water substitution transfer, 4 year average (Note1) $46,871

4) 250 acre hunting lease, offered $25,000

5) 22.67 acre (future) 2019 walnut production anticipated (1 ton/ac.) $45,340

Total Net Farming Income (9% Cap Rate). $289,753

(*This 62 acre wheat field could easily be planted to an almond orchard and experience a considerable increase in income in 4 years).

RECREATIONAL VALUE: This property is surrounded by some of the most influential District 10 Waterfowl hunting clubs in the state of California. The 5,500 acre Saddleback Ranch is located east of this farm and the 2,600 acre Honcut Creek Ranch is located to the west. The 2,500 acre OBrien Ranch on the north border of the Iowa City Farm, attract millions of wintering waterfowl that travel the Pacific flyway annually, and make for a very high quality hunting experience. The Iowa City Farm also supports exceptional dove, quail, wild turkey and Columbian blacktail deer hunting.