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.
Sale is for all 3 properties together.
Broker is a minority owner in the properties.
Want to talk with an Agent about the property?
Lead Form
Josh Cook
BROKER / CO-OWNER DRE #01872850
(530) 300-5294