Manning Avenue

San Joaquin, CA 93660

MLS ID# 227085 Active

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$810,000

beds

0 baths

sqft

135.21 acres

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• Description
• Property Information
• Listing Information
• Showing Information
• General Information
• Details

Description

This is a Leasehold Purchase +/-135.21 Ac. - Almond Leasehold Purchase - San Joaquin, CA. Property is located on the south side of Manning Avenue btwn S. Yuba & S. Placer Avenue in San Joaquin, CA. Property is planted to 9th leaf Almonds, which are transitioning to an organic orchard (estimated organic certification is expected within 2024). Trees were planted in March 2015 on Hansen Rootstalk with a spacing of 22′ x 15′.+/-50% Nonpareil+/-25% Monterey+/-25% Wood Colony. Property is located in James Irrigation District and part of James GSA. There is a drip irrigation system in place and weedmats, which offer minimal weed management costs compared to other orchards. Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website at www.sgma.water.ca.gov/portal/.RemarksThe purchaser is acquiring the trees ONLY and will be entering into an ongoing lease agreement. The lease duration extends until October 1, 2036, with the inclusion of five (5) one-year extension options. The rental fee is set at $500 per acre, subject to a 2% annual escalation beginning in 2021. Furthermore, bonus rent applies to any income exceeding $4,000 per ac. This is a Leasehold Purchase +/-135.21 Ac. - Almond Leasehold Purchase - San Joaquin, CA. Property is located on the south side of Manning Avenue btwn S. Yuba & S. Placer Avenue in San Joaquin, CA. Property is planted to 9th leaf Almonds, which ar... show more

Property Information

• Area Out of Area
• Property Sub-Type Permanent Planting
• Street Name Manning
• Suffix Avenue
• City San Joaquin
• State/Province CA
• Zip Code 93660
• APN 033020064000
• County Fresno
• Total Baths 0
• Lot Acres 135.21
• Lot SqFt 5889748
• Lot Size Source Public Records
• Lot Dimensions Irregular
• Additional Parcels Y/N Yes
• Additional Parcels Description 033-020-65s

Listing Information

• Commission 4
• % or $ %
• Dual Rate No

: The offer of compensation is made only to participants of the MLS where the listing is filed.

Directions to Property

From CA-99 take the Manning Avenue exit west towards San Joaquin, property is located on the southside of Manning avenue between S. Yuba and S. Placer Avenues.

Garage

No

Details

• Sale Type

  Standard

• Utilities

  None

• Water

  Surface

• Sewer

  None

• Listing Terms

  Other

• Current Use

  Agricultural

• Permanent Crops

  Almonds