Property ID : Bennett/Howell
For Lease - Price Reduced $735,000 - Nuts, Permanent Planting
+/-50.5 Acres – Leasehold Almonds – Bakersfield, CA - Kern County
+/-50.5 Acres – Leasehold Almonds – Bakersfield, CA
Property is located on S. Union Avenue, +/-0.5 miles south of Houghton Road in Bakersfield, CA.
+/-50.5 Assessed Acres
Property is planted to 50% Nonpareil – 50% Monterey Almonds on 35% BB106 and 65% BH5 Rootstock. Trees were planted in 2019 at 22′ x 14′ spacing.
Property is located in Kern Delta Water District and part of Kern River GSA. There is a dual-line drip irrigation system in place with sand media filters and Cloud-Based Moisture Sensors.
Kern County APNs: 185-220-03, 185-230-02, 185-230-04
+/-100% Grade 1 – Excellent – Bakersfield fine sandy loam, drained, 0 to 1 percent slopes.
- Groundwater Disclosure
The 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/ .
- Annual Lease Expense
Base Rent + 5% of Gross Crop Proceeds
This is not a Fee Simple Transaction.
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