580 Oswald RD, Yuba City, CA 95991
580 Oswald RD, Yuba City, CA 95991
580 Oswald RD, Yuba City, CA 95991
580 Oswald RD, Yuba City, CA 95991
580 Oswald RD, Yuba City, CA 95991
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Judith Smith

Judith Smith

+1(530) 755-8439
$ 400,000
Est. payment | /mo

15.49 Acres Lot

Save
$ 400,000
Est. payment | /mo
Save

15.49 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Agriculture

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225121951

HOA Y/N No

Lot Size 15.490 Acres

Acres 15.49

Lot Dimensions 15.49

Property Sub-Type Agriculture

Source MLS Metrolist

Property Description

Perpetual Water Well Easement will be filled by the county with the close of escrow - WATER FOR FREE FOREVER!!! The Independence Almond Orchard is young, only 8 years old; they are going on their third year of production, barely. It's supposed to generate more and more each year to come. You've got about 20 years of tree life to go. It's all set up with a 11-year lease with Harris Farms that pays the land owner 15% of gross crop a year as rent. Using current pricing, the blended almond price is approximately $2.50 per pound. At an average yield of 2,500 pounds per acre, gross revenue equals $6,250 per acre. Fifteen percent of that amount equates to $937.50 per acre. There is also a BUY-OUT, the Farmer Option, for an additional $300k.

Location

State CA

County Sutter

Area 12411

Zoning ORCHARD

Direction Located at the corner of Oswald Rd and Garden Hwy

Exterior

Utilities Available None

Water Access Desc Agricultural Well,Shared Well,See Remarks

Topography Agricultural Leveled

Road Frontage City Street, Highway

Building

Lot Description Corner

Sewer None

Water Agricultural Well, Shared Well, See Remarks

Schools

Elementary Schools Yuba City Unified

Middle Schools Yuba City Unified

High Schools Yuba City Unified

School District Sutter

Others

Senior Community No

Tax ID 023-200-018-000

Special Listing Condition None

MetroList® Services, Inc
Listed by LPT Realty, Inc

Schools and Properties Nearby

Judith Smith
Judith Smith

Agent

+1(530) 755-8439 | judyhelsem@hotmail.com

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580 Oswald RD