12961 Meridian Road , Chico, CA 95973(Butte County)

Field 22: +/-95.30 net acres planted to the Chandler variety of walnuts on VX211 rootstock, planted in 2022 at a spacing of 20x28.

Field 23: +/-95.70 net acres planted to the Chandler variety of walnuts on Paradox rootstock, planted in 2008/2009 at a spacing of 20x28.

Field 24: +/-83.30 net acres planted to the Chandler variety of walnuts on Paradox rootstock, planted in 2013 at a spacing of 20x28.

Subject Property 4

Field 28: +/-67.30 net acres planted to the Chandler variety of walnuts on Paradox rootstock, planted in 2014 at a spacing of 20x28.

+/-100 gross acres are Open Land.

Subject Property 3

Field 25: +/-96.00 net acres are open land, historically planted to irrigated row crops. Trees have never been planted to this property.

Water

The property is situated within the Tuscan Water District and is part of Vina Groundwater GSA. The GSA has been approved without any pumping limits imposed. The property features a combined pumping capacity of +/-11,500 GPM across its established wells.

Subject Property 1: Receives ground water via Subject Property 2 via an underground pipeline which conveys water under Meridian Road. There is a 30 HP electric booster on the 50 HP pump that irrigates Field 21. Trees are irrigated via solid set sprinklers.

Subject Property 2: Has three (3) wells. Domestic well (#22) has a 50 HP pump, Ag well (#23) has a 125 HP pump with a variable frequency drive (VFD) and Ag well (#24) has a 100 HP pump. Pumps for (#22, #23 and #24) have automated valves and automated irrigation start/stop with flow meters. There is high-pressure PVC underground, but trees are young and still irrigated via micro-sprinklers.

Subject Property 3: Has two (2) Ag wells (#25 and #26), both with 40 HP pumps. Irrigation is delivered via flood/furrow.

Subject Property 4: Has one (1) Ag well (#28) with a 100 HP pump with a VFD. Trees are irrigated via solid set sprinklers.

Solar

The property includes a 100.7 kW-DC ground-mounted Photovoltaic solar array designed to offset 100% of electricity usage, ensuring efficient and sustainable operations.

Note: Field 28 is not eligible for solar offsets on pumping costs.

Structures

Home: There is a single +/-884 sq. ft. home on Subject Property 2. The house measures 26 x 40 and includes a 26 x 6 attached front porch with a concrete deck, as well as a 14 x 6 attached rear porch with a redwood deck. The roof consists of composition shingles, while the porches have ribbed steel roofing. The interior features a combined living and dining area, kitchen, service porch, one (1) bedroom, and one (1) bathroom. The home was built in the 1940s and has been maintained and is in good repair.

Detached Garage: There is one (1) +/-1,104 sq. ft. detached garage on Subject Property 2 and features two (2) 9 ft. overhead roll-up doors.

Shop: Subject Property 2 has a modern +/-4,000 sq. ft. shop with steel framing and galvanized metal siding/roofing. The interior includes a small office, restroom and parts storage area. It features numerous overhead roll-up doors, as well as +/-3 roof overhang on the west side of the shop.

Additional structures on Subject Property 2 include: an equipment shed, chemical storage building, modular farm office, wash room and grain storage bins.

Legal

Butte County APNs: 006-670-001, 047-150-036, 047-190-013, 047-190-010 and 047-190-008

All parcels are enrolled in the Agriculture Preserve Williamson Act.

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.

Remarks

Fantastic opportunity to acquire these beautifully farmed walnut ranches and open row crop land with close proximity to the City of Chico, CA. Call the listing agents today to schedule your private tour.