Landberg Rice & Orchard Development Farm
Orchard Development Opportunity!
Location: From Interstate 5 in Willows, CA: Go East on Highway 162 for 4.0 miles. Go North on County Road P for 2.0 miles. The subject property is at the NE and SE corner of County Road 45 and County Road P.
APN#: Glenn County Assessor Parcel Numbers: 019-241-013, 014, 015, 019-251-001
Use: The property is currently being farmed to rice. Nearby neighbors have converted their rice farms to almond, olive, and walnut orchards. There are approximately 94 farmable acres on the subject property.
Soils: The entire farm is comprised of primarily Class II & III Soils. Please review the attached soils map for more information.
Water: The property is located within Glenn Colusa Irrigation District. The water rates for the 2018 rate are as follows:
Assessments: $7.63/Acre Paid Annually
Per Acre Foot: $83.65/acre foot for rice
GCID is considered to be one of the best irrigation districts in California. It was able to consistently deliver water to its users throughout the drought of 2014 and 2015.
Leases: The property is encumbered by a lease that that expires at the conclusion of the 2021 crop year. Terms of said lease will be provided to qualified buyers upon request.
Oil, Gas, & Mineral Rights: The oil, gas, and mineral rights owned by the seller will transfer to the buyer at the close of escrow.
Taxes: The property is NOT enrolled in the Williamson Act. The property taxes will be approximately 1% of the sales price.
Price: $1,645,350 or $15,000 per acre
Terms: Cash at the close of escrow
Comments: With advancements in rootstock technology many nearby farms have converted to orchards. This property is no exception! This farm sits higher than most of the neighboring properties. It is a great orchard development opportunity with excellent water rights. It includes a barn for storage and is located at the intersection of 2 paved county roads. Please call 530-666-7000 for a private showing today!