+/-127.32 Acres - Income Producing Olives and Residential Development

Location
21606 Avenue 360 – Woodlake, CA 93286. Located +/-1.5 miles northeast of the city limits of Woodlake – known as “Antelope Valley”.

Size
+/-127.32 Assessed Acres

Zoning
Property is zoned PD-F-M.

Tulare County has approved a Residential Subdivision Development of 43-2.5 acre lots.

Legal
Tulare County APNs: 064-140-17, 064-140-18, 064-140-19, 064-140-24, 064-140-25, 064-140-26, 064-140-27, and 064-140-32.

APNs may be purchased separately.

Soil
San Joaquin loam and Yettem sandy loam. See ‘Soil Map’ for more information.

Water
Property has six (6) Ag wells and 20 Domestic wells. There is one (1) +/-3,000,000 gallon capacity reservoir on the property. There are solid set fan jets (Green J pattern) throughout the entire ranch.

Filtration System: The property has a +/-1,400 GPM self cleaning FlowGuard stainless steel and powder coated self-cleaning filter.

There are also two (2) VFD’s (Variable Flow Drive Units). One (1) for the reservoir with a 15HP reservoir turbine pump and one (1) for a 50HP Booster pump.

The property is located in the Eastern Kaweah GSA.

Houses
Property has a +/-1,800 sq.ft. – two (2) bedroom, two (2) bathroom, triple-wide mobile home. 3/4 of the home has been remodeled. The property also features a home pad that is ready for a custom home to be built.

Security System
The ranch has a driveway alarm system covering the four (4) major roads that access the property. There is also a state of the art Unify 20 camera video surveillance system.

Plantings
Block 1: +/-39.93 Acres of Manzanillo Olives. Planted in 1984 at 15′ x 30′ spacing. (96 trees per acre.)

Block 2: +/-49.08 Acres of Manzanillo Olives. Planted in 1992 at 24′ x 24′ spacing. (76 trees per acre.)

Block 3: +/-20.15 Acres of Manzanillo Olives. Planted in 1994 at 15′ x 30′ spacing. (96 trees per acre.)

Block 4: +/- 18.16 Acres of Manzanillo Olives. Planted in 1989 at 15′ x 30′ spacing. (96 trees per acre.)

There are 10 acres of young trees on each block that are planted at 15′ x 30′ (96 trees per acre) and 15′ x 24′ (121 trees per acre).

Twelve year production is +/- 5.09 tons per acre. Production records available upon request.

Remarks
This is a rare opportunity to purchase an income-producing olive grove that has also been approved for a residential subdivision. The property is nestled in the foothills, just north of Woodlake, with incredible views of the Sierra Nevada Mountains. The property feels remote but five minutes from Woodlake and only 25 minutes to Visalia. The olive grove has (6) Ag wells 20 domestic wells, and a large irrigation reservoir that could potentially be used for groundwater banking. The manufactured home has been remodeled and is great for entertaining. The property is zoned PD-F-M, and Tulare County has approved a Residential Subdivision Development of 43-2.5 acre lots.

Flexible Owner Financing Available with Excellent Terms. APNs may be purchased separately.

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