24211 Johns Drive, Porterville, CA 93257 - Tulare County

+/-110 Acres Citrus, Pistachios & Open Ground Porterville, CA

Location

Property is located at 24211 Johns Drive Porterville, CA.

Size

+/-110 Assessed Acres

Citrus Plantings

+/-47 Acres of Lisbon Lemons:

+/-6 acres planted in 1990 on Carizo Rootstock. 570 trees at 22 x 20 spacing.

+/-5 acres planted in 1998 on Carizo Rootstock. 495 trees at 22 x 20 spacing.

+/-15 acres planted in 1998 on C-35 Rootstock. 1,686 trees at 20 x 20 spacing.

+/-8 acres planted in 2005 on C-35 Rootstock. 868 trees at 20 x 20 spacing.

+/-4 acres planted in 2017 on C-35 Rootstock. 506 trees at 20 x 20 spacing.

+/-8 acres grafted in 2017. Carizo Rootstock planted in 2005 (Originally Powells). 1,149 trees at 19 x 17 spacing.

+/-11 Acres of Tango Mandarins:

+/-5 acres planted in 2008 on Carizo Rootstock. 883 trees at 22 x 11 spacing.

+/-6 acres planted in 2017 on C-35 Rootstock. 1,079 trees at 22 x 11 spacing.

+/-10 Acres of Cara Cara Navels:

Planted in 1998 on Carizo Rootstock. 1,050 trees at 20 x 20 spacing.

+/-5 Acres of Sanquinelli Blood Oranges:

Planted in 2017 on Carizo Rootstock. 985 trees at 20 x 11 spacing.

Pistachio Plantings

+/-18 Acres of Golden Hills Variety Pistachios on UCB1 Rootstock. Orchard was planted in 2017 at 18 x 17 spacing.

Open Ground

+/-14 Acres of Open Ground

Water

+/-47 acres are located in Lindmore Irrigation District (LID). +/-62.9 acres are not located in an irrigation district, but can be supplemented with the 80 shares of Pioneer Ditch Stock included in the sale. There are two (2) wells, one (1) LID turn-out, and one (1) Pioneer Ditch Stock turn-out on the property. Property also has one (1) propane wind machine for frost protection that was installed in 2008.

Seller including option for Buyer to lease back additional 64.4 shares of Pioneer Ditch Stock at cost.

Buildings

Property has one (1) mobile home and one (1) shop.

Soil

+/-45.2% Cibo clay, lithic bedrock, 15 to 30 percent slopes, MLRA 18.

+/-35.8% Porterville clay, 2 to 9 percent slopes.

+/-19.0% Porterville clay, 0 to 2 percent slopes.

Legal

Tulare County APNs: 255-020-007, 255-020-008, 255-020-009, 255-020-010, 255-030-029, 255-030-034, 255-030-041, and 255-030-042.

Groundwater Disclosure

The 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

Incredible opportunity to purchase +/-110 acres of prime-producing diversified citrus, pistachios, and open ground in Porterville, CA. +/-47 acres are located in Lindmore Irrigation District (LID). +/-62.9 acres are not located in an irrigation district, but can be supplemented with the 80 shares of Pioneer Ditch Stock included in the sale.

Seller including option for Buyer to lease back additional 64.4 shares of Pioneer Ditch Stock at cost.