LocationThis almond orchard and shop are located on Grangeville Boulevard in Lemoore, CA.Size+/-18.68 Assessed AcresPlantingsPlanted to Independence & Nonpareil almond varieties on Nemaguard rootstock. The almond orchard is under a lease agreement through December 31, 2041.ShopThe property includes a shop.WaterThe property is located within the Clarks Fork Reclamation District, part of the North Fork Kings GSA. Irrigation water is delivered via a pumping station located on neighboring Kings County APN 004-250-057. Pursuant to an existing lease agreement through December 31, 2041, the property has access to the pumping station and a supplemental irrigation well, while the neighboring almond orchards retain rights to utilize these facilities when river water deliveries are unavailable. Water resources include two agricultural wells, each +/-50 ft. deep, with pumps replaced in 2016.LegalKings County APN: 004-250-019Groundwater DisclosureSustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA may limit ground water pumping. For more information, please visit the SGMA website at https://water.ca.gov/programs/groundwater-management/sgma-groundwater-management.The Buyer is responsible for conducting their own research to verify all information related to groundwater and surface water resources, including availability, usage rights, and potential restrictions.RemarksThe fully leased almond orchard provides steady income through December 31, 2041, making this an ideal opportunity for investors.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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