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FOR SALE
$990,000

0 North Township Road
Yuba City, CA 95993

Land
Land Lot
30.19
Acre Lot
Courtesy: Stromer Realty Company of CA
Showcase> California> Yuba City> 95993
DESCRIPTION: The 30.19 acres features a mature olive orchard of the Arbequina variety with 1.5% of the orchard being Koroneiki pollenizers. The planting is on a 12-foot by 5-foot spacing with the support of a double-line trellis system. WATER: The property has a submersible ag well that irrigates the single-line drip system in one set. The static water level is around 30 feet. SOIL: This ranch consists of primarily class one soils. (See the attached soil map for more information) SPECIAL CONDITIONS: This property has a building restriction, however, it can be removed. ECONOMICS: A well-managed olive orchard can produce on average 5 tons/acre and each ton can produce 40 gallons of olive oil. Right now the market is around $20/gallon. That amounts to a gross profit of $3,400/acre. The cultural cost average is around $1,500/acre, leaving a net profit of nearly $2,000/acre. Name a crop that is producing better income and I'd be happy to plant it right now! COMMENTS: This is an income-producing, low-labor, and easy-to-manage crop. In addition to the cash flow, this is an investment that is a hedge against inflation and offers significant depreciation. The growing demand for olive oil and a lack of new plantings guarantees this ranch a bright future!
229442
Land Lot - Land, Other
Sutter
30.19 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Stromer Realty Company of CA
The real estate listing information is provided by Kings County Board of Realtors for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the Kings County Board of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information.
This content last refreshed on 5/6/2024 7:14 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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