Pieper Ranch 370.33+/- Acres Almond, Walnut, Pistachio Orchard Development

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Location:             From Highway 162 go South on Road BB.  The property is 1 mile south of the Highway 162 & BB intersection                                   on the right (west ) side of the road.

APN#:                   Glenn County Assessor Parcel Numbers:  018-030-002 and 018-030-006

Use:                       The property is currently being farmed to row crops.  The tenant farmer has grown cotton on the property                                      for the previous 2 years.

Soils:                     The entire farm is comprised of primarily Class II Soils.  Please review the attached soils map for more                                               information.

Water:                  The property is located within Kanawha Water District.  The water rates for the 2016 rate are as follows:

Assessments:  $1092.21 Paid Annually

Per Acre Foot: $49.99/acre foot

This district was not able to deliver water for the 2014 or 2015 crop years.  Since 1977 this district has had an allocation every year with the exclusion of the previous two.  The property was irrigated over the previous two years because the tenant farmer transferred water from a farm he owns that had a water allocation to this farm.

Leases:                 The property is encumbered by a lease that expires at the conclusion of the 2018 crop year.  The tenant                                         farmer has the option to continue farming under the current lease, but has expressed interest in being “bought                              out” of his lease by either the buyer or seller.

Oil, Gas                The seller is going to retain the oil, gas, and mineral rights on the subject property.                                                & Mineral                                                                                                                                                                                                          Rights:

Taxes:                   The property is enrolled in the Williamson Act.  The property taxes will remain low at the close of escrow.

Price:                    $4,629,125 or $12,500 per acre

Terms:                  Cash at the close of escrow

Comments:        This property has good soils and will make for a great orchard someday.  It is located in an area that is abundant with a variety of different nut crops.  It’s in the Williamson Act and the property taxes will remain low at the close of escrow.  It is one of few properties in the Sacramento Valley that is large enough to be a standalone economic unit.  Please call Charter Realty for more info!

Location Map