+/-58.38 Acres – Pistachios – Visalia, CA - Tulare County

+/-58.38 Acres – Pistachios – Visalia, CA

• Location

• 17092 Avenue 384 – Visalia, CA.

• Size

• +/-58.38 Assessed Acres

• Plantings

• Property was planted to Golden Hills pistachios in May of 2016. 2022 pistachio crop is NOT included in the price. Seller to be reimbursed for cultural costs.

• Water

• Property is located in Stone Corral Irrigation District and has three (3) Ag wells that were drilled in 2015 and 2020. (Well #1: 210′ deep – 20 HP, Well #2: 180′ deep – 20 HP, and Well #3: 200′ – 15HP.) The three (3) wells have VFD controllers. There are three (3) sand media filters and drip irrigation for the orchard. There is one (1) domestic well for the house.

• Home

• There is one (1) single-family home on the property that is currently rented.

• Soil

• +/-71.8% Seville clay. +/-28.2% San Joaquin loam, 0 to 2 percent slopes.

• Legal

• Tulare County APNs: 036-130-014, 036-130-015, and 036-130-016.

• 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/ .

• Remarks

• Great opportunity to invest in +/-58.38 acres of pistachios in Stone Corral Irrigation District. The pistachios are just coming into production. Property has three (3) Ag wells and a single-family home that provides rental income. Seller requests closing in 2023. Buyer and Seller to cooperate in 1031 Exchange.