110 +/- Acres – High Yielding Almond Orchards & Chandler Walnut Orchard

84 Acres High Yielding Almond Orchards & 26 Acres Chandler Walnut Orchard

Listing Price $2,300,000

Properties available
individually or combined

Property 1 – 42.09 Acres +/- 8th Leaf Almond Orchard

Location

This property is located on the southwest corner of Capay Ave and Fifth avenue in Capay, CA in Glenn County. The property lies in between the cities of Orland, Hamilton City and Corning.

Legal

The property is made up of 2 assessors parcels which total 42.09 assessed acres as described as Glenn APN #’s:
037-120-003 – 20.64 Acres
037-120-004 – 21.45 Acres

Zoning

The zoning for the property is Agriculture with the county use designated as Orchard.

Use

The property consists entirely of an almond orchard that was planted in March of 2016. The varieties include 62.5% Nonpareil, 25% Monterey and 12.5% Fritz and are planted on Krymsk rootstock on a 22 X 16 spacing. The orchard is fully mature and yields are excellent.

Yields

7th Leaf 2022 – crop loss due to frost (insurance payout)

6th Leaf 2021 – 116,156 lbs

5th Leaf 2020 – 87,466 lbs

Water

The property is irrigated by one 16 inch well that was drilled in 2015 and test pumped up to 3,000 gallons per minute. The well has an electric 100 horsepower turbine motor which was also newly installed in 2016. The tress are irrigated by micro sprinklers and are designed with enough water for frost protection.

Soils

The soils on this property are well suited for orchard production. Many ranches in the area have almonds, pistachios and walnuts. (See included soil maps)

Property Two – 42 Acres +/- 7th Leaf Almond Orchard

Location

This property is located just to the west of Hall Road near the little town of Kirkwood, California.

Legal

The property is made up of one assessor parcel which totals 42 acres and is further described as Tehama County APN #: 087-340-050 – 42.0 Acres

Zoning

The zoning for the property is Agricultural with the county designated use as Orchard.

Use

The property consists entirely of an almond orchard that was planted in the fall of 2016. The varieties include 62.5% Nonpareil, 25% Monterey and 12.5% Fritz and are planted on Krymsk rootstock on a 22 X 16 spacing. The orchard is fully mature and yields are good and just coming into to full production in 2023.

Yields

6th Leaf 2022 – crop loss due to frost (insurance payout)
5th Leaf 2021 – 75,687 lbs
4th Leaf 2020 – 62,976 lbs

Water

The property is irrigated by one 16 inch deep well that was drilled on the neighboring Property Three described herein. (See maps) The well was drilled brand new in 2014 to approximately 500 feet and test pumped up to 3,500 gallons per minute. The well has a 150 horsepower electric motor that was also newly installed in 2015.

Soils

The soils on this property are well suited for orchard production. Many ranches in the area have almonds, pistachios and walnuts. (See included soil maps)

Property Three – 26 Acres +/- 8th Leaf Chandler Walnut Orchard Leasehold interest

Location

This property is located at 2049 Hall Road and is adjacent to Property Two described herein. (See maps).

Lease

The Lease is a 29 year lease with a 12% crop share. A lease assignment will be executed by Tenant, new owner and Landlord upon completion of the sale.

Use

The property is farmed to 26 acres of Chandler walnuts on paradox rootstock on a 28 x 22 spacing. The walnuts were planted in the spring of 2015.

Yields

2022 – 81,740 lbs (frost)

Orchard should increase in yield and reach maximum yield potential in the next 3-4 years.

Water

The property is irrigated by one 16 inch deep well that was drilled brand new by the Tenant in 2014 to approximately 500 feet and test pumped up to 3,500 gallons per minute. The well has a 150 horsepower electric motor that was also newly installed in 2015. The well is owned by the Tenant for the duration of the lease. In addition, the well has a recorded easement and pump sharing agreement in place to irrigate Property Two in perpetuity.

Soils

The soils on this property are well suited for orchard production. Many ranches in the area have almonds, pistachios and walnuts. (See included soil maps)

Broker Comment

These properties are turn key and were developed by the current owners from the ground up with no expense spared. The orchards are all premium orchards that should be high yielding orchards for the foreseeable future.