94.95± Acres – The Richfield Orchard

This property provides a new owner a great opportunity to capitalize on owning an existing Chandler walnut
orchard that is coming into its prime producing years and develop the remaining 46 acres to an excellent walnut, almond or pistachio orchard. In addition, this property has all the components in place for a new owner to develop a nice huller and dryer on site.

$2,200,000

Location:

This property is located approximately 3 miles north of Corning, CA and is located on the east side of Hwy. 99 and north side of Thomes Creek.

Physical Address:

6580 99 W, Corning, California

Tehama APN:

067-100-003-000

Use:

The property is currently planted to 42 acres of Chandler Walnuts and 46 acres of open ground.

Orchard:

32 acres of 5- and 6-year-old Chandler walnuts with a spacing of 26’x15’. The 5 years old block are planted on VX211 and the 6-year-old block are planted on Paradox.

10 Acres of 10-year-old Chandler Walnuts planted on Paradox with a 26’x15’ spacing. This block was grafted in the field.

Open Ground:

The 46 acres of open ground has been double-ripped and leveled for planting. It has been fumigated with Telone and has had several cover crops for reducing nematodes and promoting nitrogen.

Irrigation:

Solid set sprinkler.

Water:

The property receives water from a newly engineered Agriculture diesel well and produces approximately 2,500 GPM.

Well Size- 16”
Well Depth- 950’ cased all the way down and sealed 80’.
Standing Water Level- 60’
Pump Set- 282’

SGMA:

Subject property is located in Groundwater Basin 5-021.50 “Sacramento Valley-Red Bluff”. SGMA Basin Prioritization- Medium

Improvements:

42’ x 139’ commercial shop building with restrooms and an office. The shop is serviced by both 220 volt and 480-volt wiring, and natural gas.

42’ x 103’ open warehouse w/ 5 dryer tunnels on the east side of the building.

Manufactured Home- 1650 square foot, 3 bedroom/2 bath built by Fleetwood in 1996. The home has been extensively renovated including repair of drywall and subfloor, new paint, new appliances, new lighting fixtures, and all new floor coverings and windows.

Comments:

This property provides a new owner a great opportunity to capitalize on owning an existing Chandler walnut orchard that is coming into its prime producing years and develop the remaining 46 acres to an excellent walnut, almond or pistachio orchard. In addition, this property has all the components in place fora new owner to develop a nice huller and dryer on site.

Want to talk with an Agent about the property?

Lead Form

Gabe Cut OUt

Gabe Foster

FOUNDER / CO-OWNER DRE #01774496

Notable Statistics
Over 13 years of commercial
and agricultural real estate experience.

Education
Bachelor of Science- Psychology
Cal State University Chico 2000

Josh Cook

Josh Cook

BROKER / CO-OWNER DRE #01872850

Notable Statistics

Cornerstone Land Company closed over $105 Million in sales transactions in 2020

Acreages and property boundaries herein are approximate, and maps and photos may not be to scale. This offering was prepared solely as a brief overview of the subject
property being offered herein. Prospective purchasers are advised that changes may have occurred in the physical, financial, legal, and governmental aspect/conditions of the
property, prior to, during, and after this offering was prepared. Neither the broker nor the seller makes any representation or warranty, expressed or implied, as to the
completeness and accuracy of the information contained herein, or as to any other matter related to the assets including any subsequent information that the seller or third
parties may provide to buyers. The buyers are advised to conduct a careful, independent investigation of the property, using appropriate and qualified consultants, advisors,
and legal counsel to determine the suitability of the property for buyer’s intended uses. No Representations or Warranties. Disclosing Party does not make any representation or warranty whatsoever, express or implied, with respect to the Confidential Information, including, without limitation, as to the accuracy or completeness of the Confidential Information, and Disclosing Party shall have no liability whatsoever to Receiving Party, any Receiving Party Representative or any other person or entity resulting from such party’s use of any Confidential Information, except to the extent, if any, contained in any purchase agreement entered into by Disclosing Party and Receiving Party in connection with the Proposed Transaction. Without limiting the foregoing, Receiving Party acknowledges and agrees that the Confidential Information may not include all information in Disclosing Party’s possession relating to the Property, or all information required by Receiving Party in order to determine whether to proceed with the Proposed Transaction, and may not include any of the following: any appraisal of the Property; any internal Disclosing Party memoranda, analyses or other communications pertaining to the Property, if any; or any such communications or other information exchanged between Disclosing Party and any of Disclosing Party’s consultants or other advisors, including legal counsel. We believe the information contained herein to be correct. It is obtained from sources which we regard as reliable, but we assume no liability for errors or omissions

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