20.06 acre Hartley walnut orchard property just outside Chico. Property is located in the highly desirable west Chico area, situated along the north side of Oak Way approximately 0.25 mile west of Glenwood Avenue. Property stretches north to Lindo Channel. Property is zoned AG-40.
Property is improved with a 8,200 SF shop building previously used to house walnut hulling/drying equipment. Structure involves two 4,100 SF structures with common wall on concrete slab foundation, wood frame, galvanized metal siding/roofing and several large (12 to 15) doorways, only one currently with door. Structure includes a 220 SF breakroom/office with bathroom and 2nd level storage loft. This is a good use structure that is in need of moderate rehabilitation. Potable water available to shop is currently provided by domestic well on adjoining 1.24 acre property. Continuation of this water supply to the...
Property is improved with a 8,200 SF shop building previously used to house walnut hulling/drying equipment. Structure involves two 4,100 SF structures with common wall on concrete slab foundation, wood frame, galvanized metal siding/roofing and several large (12 to 15) doorways, only one currently with door. Structure includes a 220 SF breakroom/office with bathroom and 2nd level storage loft. This is a good use structure that is in need of moderate rehabilitation. Potable water available to shop is currently provided by domestic well on adjoining 1.24 acre property. Continuation of this water supply to the shop building is negotiable. Property also includes a 1,120 SF equipment shed with concrete perimeter foundation, wood framing and galvanized metal roofing/siding. This is a 3-sided structure open on the north side with doorway opening on south side (no door).
Property involves 18.00 net orchard acres. Approximately 15.00 acres consist of Hartley walnuts originally planted in the late-1970s/early-1980s on 30 tree x 52 row spacing (28 TPA). Block has been interplanted with new orchard rows resulting in current tree spacing of 30 tree x 26 row (56 TPA). Crown Gall pressures are minimal. Walnut acreage has averaged 3,000 lbs./acre (based on 15.00 walnut acres) between 2016 and 2014 yet should increase as interplanted trees are nearing productive age. Remaining 3.00 orchard acres involves older almonds on the south end of the property (along Oak Way) that have been progressively interplanted and replaced with Hartley walnut trees over the last 15 years.
Property soils are entirely comprised of Vina Fine Sandy Loam (Class 2) on level topography.
Property is irrigated via deep well pumping plant with 20-hp submersible pump that yields 335 GPM based on recently completed pump test. Ground water is conveyed via underground pipeline through orchard with surface risers. Water is applied via hand-move sprinkler pipes which are property of the current farming tenant and do NOT transfer with the property.
Property is currently subject to a 1-year farming lease to a long-time tenant grower on a 40% landlord cropshare agreement set to expire at the end of the 2018 crop year. Landlord pays for irrigation water, sprays, bees, fertilizer and replants. Termination of existing lease is negotiable.
Adjoining 1.24 acre and 5.00 acre parcels (each with a single residence and detached garages/outbuildings) are also potentially available for sale. Potable water available to shop is currently provided by domestic well on adjoining 1.24 acre property. Continuation of this water supply to the shop building is negotiable.
PLEASE RESPECT OWNERSHIP AND THE CURRENT OPERATION BY CONTACTING LISTING BROKER PRIOR TO VISITING THE PROPERTY.
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