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Property Details

GJ te Velde Ranch - Tulare County

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Property ID : GJ

For Sale $29,500,000 minimum bid - Dairy & Dairy Sites
1991.45 Ac. Print

Bankruptcy Auction at 1:30 pm, August 28, 2019, Fresno, CA
Bids must be received by Trustee no later than August 27, 2019 5:00 pm PDT, including $1,000,000 good funds.
All Prospective Buyers must be pre-qualified.

Email marc@schuil.com for additional information for the overbid procedures.

+/-1,991.45 acres of row crops and a dairy for sale!

 

  • Location
  • 5850 Ave 160, Tipton, CA 93272

  • Size
  • +/-1,991.45 assessed acres

  • Milk Parlors
  • Main barn: Two (2) double-26 Herringbone
    Hospital barn: Double 12 Herringbone

  • Corrals
  • +/-4,055 headlocks in Freestall barns, +/-1,800 headlocks in open corrals with shades (including maternity barn), +/-2,649 heifer stanchions plus cables, and +/-2,640 calf hutches.

  • Ground Water
  • Ground water is supplied by multiple deep ag wells. See map below.

  • Surface Water
  • +/-229.81 acres subject to waste water agreement with neighboring dairy.
    +/-1,239.2 acres is in Lower Tule ID with multiple turnouts and booster pumps supplying surface water.

  • Legal
  • Tulare County APNs: 200-160-002, 005, 006, 007, 009, 010, 012, 013, 014, & 016, 200-190-004, 005, 006, & 007, and 228-270-003.

  • Contact
  • Marc Schuil (559) 280-1750 marc@schuil.com CalDRE: 00815172
    Scott Schuil (559) 859-9734 scott@schuil.com CalDRE: 01877812
    Jonathan Verhoeven (559) 707-5658 jonathan@schuil.com CalDRE: 01966852

  • Auction Date
  • August 28, 2019 at 1:30 pm PDT

  • Auction Location
  • Fresno, CA

  • Assets Included
  • All land (approximately 1,991.45 acres), buildings, water rights, as specified dairy equipment, office equipment, irrigation equipment and other tangible assets as specifically defined in the APA.

  • Assets Excluded
  • Livestock, farm equipment, crops, litigation claims, milk supply contracts, cash and accounts receivable, as specifically defined in the APA.

  • Terms
  • Potential Bidders must submit, before 5 pm PDT on August 27, 2019 (1 day prior to auction), the following: A written offer for no less than the minimum bid, financial statements demonstrating the ability to close in a timely manner, and a deposit in the amount of $1,000,000. All offers must set terms and conditions that are the same or better than existing agreement. All offers must have a closing date of no later than January 23, 2020. No overbid will be accepted if it contains contingencies. Further due diligence materials will be provided to qualified buyers.

Want to Know More?

Contact Agent below to see additional property details!

Property Brochure Download
Property Video
GJ te Velde Ranch
Property Map
Soil Map
Dairy Layout
Well Map
Water District Map
Location Map
Disclosures

1) The Sustainable Ground Water Management Act (SGMA) passed in 2014 requiring groundwater basins to be sustainable by 2040.  SGMA requires a Groundwater Sustainability Plan (GSP) by 2020.  Said plans may limit the amount of well water that may be pumped.  The subject property is in the Tule and Kaweah sub basins and the Lower Tule Irrigation District and Greater Kaweah Groundwater Sustainability Agencies (GSA).
2) The number of acres are estimates only and are based on available tax assessor information. Tax assessed acres rarely equate to surveyed acres.