FOR SALE /- Acres of SSJMUD Almonds and Open Farmland. Morgan Houchin Tech Ag Financial Group, Inc

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Georgiana Morris
5 years ago
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Box 98 Buttonwillow, CA 93206 Neither the

warranties, either expressed or implied as to

1 FOR SALE /- Acres of SSJMUD Morgan Houchin P.O. Box 98 Buttonwillow, CA Neither the Seller, nor makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE: ALMONDS & OPEN FARMLAND LOCATION Southeast corner of the intersection of Famoso Porterville Highway and Whisler Road approximately two (2) miles to the southeast of the City of McFarland in

2 FOR SALE: ALMONDS & OPEN FARMLAND LOCATION Southeast corner of the intersection of Famoso Porterville Highway and Whisler Road approximately two (2) miles to the southeast of the City of McFarland in the County of Kern and State of California. DESCRIPTION This /- acre offering provides a qualfied Buyer with a unique opportunity to purchase a desirable size farming unit with dual sources of water, and a mixture of both prime producing and mature almonds with the balance of the property consisting of open farmland with 100% Class I soil(s). LEGAL Kern County Assessor Parcel Number: ; Portion of the Northwest ¼ of Section 29; Township 26 South; Range 26 East; MDB&M PLANTING Field /- net acres of almonds that were planted in 2014 on a Nemaguard rootstock with varieties to include 50% Nonpareil, 25% Sonora, and 25% Butte (122 +/- trees/acre) Field /- net acres of almonds that were planted in 1996 on a Nemaguard rootstock with varieties to include 50% Nonpareil, 25% Sonora, and 25% Fritz (109 +/- trees/acre) Field /- net acres of almonds that were planted in 1996 on a Nemaguard rootstock with varieties to include 50% Butte, 25% Padre, and 25% Mission (109 +/- trees/acre) Field /- net acres of open farmland that is scheduled to be planted to varieties to include 50% Nonpareil, and 50% Monterey (132 +/- trees/acre) Seller removed the Field 4 almond planting following the completion of the 2016 harvest. The 2016 and 2017 historical production include Field 1, ie 35 +/- net acres of young almonds that were planted in Historical Production Crop Year Net Good Meats Net Acres Yield/Net Acre , , , , , , , , , , , , , , , , , , , , , ,588 IRRIGATION The property has both district and well water. One (1) 200HP electric groundwater irrigation well with a reported flow of 1,238 GPM, standing water level at 413 FT, and pumping water level at 485 FT. The 16 diameter well was drilled in 2008 with an estimated total depth of 800 FT. Additionally, the property is located in the Southern San Joaquin Municipal Utility District (SSJMUD) and has Class 1 priority water rights for all assessed acres with district water served out of turnout number 915. In 2016, SSJMUD delivered approximately 1.4 acre feet per contract acre with additional supplemental water delivery from March 21st to April 12th that was not deducted from any user s contract allocation. For the 2017 crop year, SSJMUD delivery was unrestricted for all contract users. The 2017 water cost was $118 per acre foot (flat rate) with an additional $15.50 per acre foot for all delivered water (lift rate). The 2017 assessment was $90.88 per acre of real property billed by SSJMUD and collected via the Kern County Assessor s tax roll. Water is delivered to the planted almonds via a dual line drip irrigation system that is interconnected to a booster pump, a series of five (5) filtration stations, and a fenced reservoir with yardspace. CROP The 2018 almond crop is available with the Seller s accepted offer subject to Buyer s full reimbursement of cultural costs including management prior to the close of escrow. SOILS (192) McFarland loam (Class I); (243) Wasco sandy loam (Class I); (138) Delano sandy loam, 0 to 2% slope (Class I) PRICE/TERMS $3,300,000 ($28,099 per gross acre) (All cash to be paid at the close of escrow.) CONTACT Morgan Houchin () Neither the Seller, nor makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

3 LOCATION MAP 99 MCFARLAND Famaso-Porterville Highway Whisler Road SUBJECT PROPERTY 99 Neither the Seller, nor makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

AERIAL MAP Whisler Road FIELD 1 ALMONDS (PLANTED 2014) Famoso Portville Highway FIELD 3 ALMONDS (PLANTED 1996) FIELD 4 OPEN FARMLAND FIELD 2 ALMONDS (PLANTED 1996) 200 HP WELL, FILTERS AND RESERVOIR

4 AERIAL MAP Whisler Road FIELD 1 ALMONDS (PLANTED 2014) Famoso Portville Highway FIELD 3 ALMONDS (PLANTED 1996) FIELD 4 OPEN FARMLAND FIELD 2 ALMONDS (PLANTED 1996) 200 HP WELL, FILTERS AND RESERVOIR SSJMUD T Neither the Seller, nor makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

5 PARCEL MAP SUBJECT PROPERTY Neither the Seller, nor makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

6 SOIL MAP The Storie Index is a soil rating based on soil properties that govern a soil s potential for cultivated agriculture in California. The Storie Index assesses the productivity of a soil from the following four characteristics: Factor A, degree of soil profile development; factor B, texture of the surface layer; factor C, slope; and factor X, manageable features, including drainage, microrelief, fertility, acidity, erosion, and salt content. A score ranging from 0 to 100 is determined for each factor, and the scores are then multiplied together to derive an index rating. For simplification, Storie Index ratings have been combined into six grade classes as follows: Grade 1 (excellent), 81 to 100; grade 2 (good), 61 to 80; grade 3 (fair), 41 to 60; grade 4 (poor), 21 to 40; grade 5 (very poor), 11 to 20; and grade 6 (nonagricultural), 10 or less. The components listed for each map unit in the accompanying Summary by Map Unit table in Web Soil Survey or the Aggregation Report in Soil Data Viewer are determined by the aggregation method chosen. An aggregated rating class is shown for each map unit. The components listed for each map unit are only those that have the same rating class as the one shown for the map unit. The percent composition of each component in a particular map unit is given to help the user better understand the extent to which the rating applies to the map unit California Revised Storie Index (CA) Summary by Map Unit Kern County, California Map Unit Symbol Map Unit Name Rating Component Name (percent) Percent in AOI Delano sandy loam, 0 to 2 percent slopes Grade 1 - Excellent Delano (85%) 4.6% 192 McFarland loam Grade 1 - Excellent McFarland (85%) 57.8% 243 Wasco sandy loam Grade 1 - Excellent Wasco (85%) 37.6% Totals for Area of Interest 100.0% Neither the Seller, nor makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

7 TECH AG FINANCIAL GROUP, INC. FOR EVERYTHING UNDER THE SUN Call Morgan Houchin Row Crops Orchards Vineyards Ranches Developed or Vacant Land Tech Ag Financial Group was founded in the spring of 2001 with the purpose of helping Central Valley growers compete in today s global market. The Group takes a dynamic approach by drawing upon almost a century of family farming experience and Ag-business expertise to help growers remain profitable in a constantly changing economic environment. Locally owned, with s in Bakersfield and Buttonwillow, California, our staff includes Ag-business professionals, accredited land consultants, and loan rs with an extensive knowledge base for the successful completion and management of real estate investment opportunities across a wide range of agricultural commodities. At Tech Ag Financial Group, we can assist our clients in a wide variety of Ag-related areas including real estate brokerage, investment, tenant sourcing, leasing agreements, and crop production financing and operating lines of credit. Contact us and take advantage of our services today! Neither the Seller, nor makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE /- Acres of Producing Pistachios in Semitropic Water Storage District. Morgan Houchin Tech Ag Financial Group, Inc.

FOR SALE /- Acres of Producing Pistachios in Semitropic Water Storage District. Morgan Houchin Tech Ag Financial Group, Inc. FOR SALE 81.34 +/- Acres of Producing Pistachios Morgan Houchin 3430 Unicorn Road Bakersfield, CA 93308 Neither the Seller, nor makes any representations or warranties, either expressed or implied as to