Market Street , Colusa, CA 95932(Colusa County)

Development Opportunity: Approximately 308.75 acres are located within the city limits of Colusa. It is zoned planned development. It is open to a variety of uses within that designation. Colusa Crossings is ideally located along highway 20 along the western edge of the city limits. Its located far enough away from the Sacramento River to not have issues with water seepage in winter months. Colusa Crossings is the most attractive development opportunity in the City of Colusa.

Utilities: Colusa Crossings has power and a drainage basin on site. It is located reasonably close to both sewer and water. Per its strategic location relative to existing utilities, Colusa Crossings offers an advantage over other future development projects within the City of Colusa.

Current Use: The property is currently being farmed to row crops. Its leased on annual basis to a local row crop farmer. Crops grown in the past have been the major row crops grown in the Sacramento Valley. Some of them include: tomatoes, safflower, vine seeds, sunflowers, wheat, etc.

Future Use: The properties soils & water indicate it would be an ideal site for a walnut, almond, and/or pistachio orchard. There are both almond & walnut orchards within the immediate vicinity of Colusa. The property is also adjacent to John Deere, Case, and New Holland dealerships, which makes getting parts much more convenient.

Irrigation: There is one deep water wells on the subject property. The well produces 2,300 gallons per minute.

In addition to the irrigation well there are approximately 48 acres that are located within the boundaries of Roberts Ditch Irrigation Company.

The farm has a buried drip system designed & installed by Alsco-Geyer. Specs will be made available to qualified buyers upon request.

Soils: The entire farm is comprised of primarily Class I Soils. Please review the attached soils map for more information.

Oil, Gas, & Mineral Rights: The oil, gas, and mineral rights on the subject property owned by the seller will transfer to the buyer at the close of escrow.

Lease: There is a year to year lease on the subject property.

Taxes: The property is NOT enrolled in the Williamson Act. The property taxes will be approximately 1% of the sales price at the close of escrow

Price: $8,883,160 or $26,000 per acre

Terms: Cash at the close of escrow

Comments: This farm has a lot of long term upside potential. It has a rare combination of both Class I soils and located in a perfect location for a development project. The whole site can be planted to permanent crops in the short term and can be converted into housing over the long term. Please call Charter Realty for more info!