Property ID : Verissimo
For Sale - New $1,200,000 (+/-$118,343 per acre) - Commercial/Development, Nuts, Open & Development Site, Permanent Planting
+/-10.14 Acres – Almonds / Potential Development Land – Newman, CA
Property is located at 550 Jensen Road – Newman, CA.
+/-10.14 Assessed Acres
Property was planted to Nonpareil / Monterey almonds in 2010.
Property is located in Central California Irrigation District (CCID) and receives deliveries for the orchard. There is one (1) submersible well on the property that services the house and shop.
There is one (1) home on the property that is currently rented and one (1) rental shop. $3,000 monthly rental revenue potential between the shop and home.
Property has +/-100% Grade 1 – Excellent soils.
- +/-99.0% Vernalis loam, 0 to 2 percent slopes.
- +/-1.0% Vernalis loam, 0 to 2 percent slopes, rarely flooded.
Stanislaus County APN: 026-034-016
- Groundwater Disclosure
Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website at www.sgma.water.ca.gov/portal/ .
Property is located within the sphere of influence, outside the city limits of Newman, CA. Located within area of future expansion.
A unique opportunity to invest in +/-10.14 acres of almonds in Newman, CA. This property has incredible development potential with its’ proximity to the city. The orchard is located in and receives deliveries from Central California Irrigation District. The rental home and shop provide additional monthly income.
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