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21606 Avenue 360

Woodlake, CA 93286

0

6100000-100.0%

-1Bed

-1Bath

5110459SqFt


UPDATED

 

Key Details

Property Type Vacant Land

Lot Size 117.320 Acres

Purchase Type For Sale

Listing Status Active

MLS Listing ID FR19065855

Price per Sqft $1

Special Sale Real Estate Owned

Property Description

Possibility of Huge tax benefits to the buyer. Buyer is advised to seek tax and legal advise. This offering consists of a 119.83 acre Olive Grove Subdivided into , 2.5 acre lots. All studies,reports including EIR have been completed. This project has completed requirements as per the State of California and Tulare County Board of supervisors and tentative map approved. Project approved for engineered septic systems. There are a total of 26 wells, 16 with pumps and 8 well are used for irrigation. The entire ranch is watered through a solid set irrigation system and a 3,000,000 gallon capacity reservoir, with a1400 GPM Flow-Guard self cleaning filter system. The 10 year production average is 6.1 tons/acre, with the state average is only 3 tons/acre. This is a high quality Olive ranch. Manzanillo variety.The 9 year average annual income is $516,983. This income can help offset the cost of development.
Great opportunity for the investor to take advantage of the tax benefits and develop into home sites. Purchase price of 6.1 Million was established as per a licensed commercial appraisal. Crop is included

Location

State CA

County Tulare

Area 699 - Not Defined

Zoning PD-F

Exterior

Community Features Foothills

Utilities Available Propane,Water Available

Water View Yes

View Hills,Mountain(s),Trees/Woods

Building

Lot Description Agricultural - Tree/Orchard,Gentle Sloping,Lot Over 40000 Sqft,Misting System,Sprinkler System

Water Agricultural Well,Private,Well

Schools

Elementary Schools Castle Rock Elementary School,Francis J. White Learning Center

Middle Schools Woodlake Valley Middle School

High Schools Woodlake High School

School District Woodlake Unified School District

Others

Senior Community No

Lease Land No

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Listing Provided By Steven Herring (00557763) of Coldwell Banker Premier Real Estate

Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

PROPERTY HISTORY

Date Event Price Source

    Neighborhood Demographic

    Diane Harrison Modern Broker

    Diane Harrison

    Broker Associate | License ID: 01124655

    559-259-6683

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