Description
This gorgeous 100 acre parcel consists of 80+/- acres of super high density planting (hdp) olive vineyard centrally located on cottonwood road between hwy 99 & hwy 70 in the middle of butte county. the planting is on 13-foot by 5-foot spacing resulting in 670 trees per acre with the support of a trellis system. owners strategically planned and developed this unique showpiece to make it one of a kind. water: tremendous water with a 50hp pump producing 2,500 gallons/minute provides irrigation through emitters on drip-line. laser leveled and terraced for draining. profitable: has a great supplier contract. bonus: being within 1 mile of the large pg&e substation creates another big benefit. currently there is one solar option contract with a national energy provider that once exercised will pay $3,750/acre per year for 50 acres ($187,500/year) with a 2% annual escalator for a minimum of 22 years with options to extend up to 34 years nine months. -cont.
Property Type
LandCounty
ButteStyle
LandAD ID
46049165
Sell a home like this and save $176,501 Find Out How
Statistics Bottom Ads 1
Property Details
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
BuyOwner last updated this listing 11/21/2024 @ 18:11
- MLS: 223091316
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Land, with bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.