for sale morgan houchin tech ag financial group, inc....w/ irrigation well and class 1 water...

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

97.21 +/- Acres of Prime Semitropic Farmland w/ Irrigation Well and Class 1 Water Contract

FOR SALE Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

[email protected]. Box 98Buttonwillow, CA 93206

661-477-3669661-323-1001661-764-5243

mobile

office

fax

PRIME FARMLAND FOR SALELOCATIONProperty is located on both the west and east side of Western Ave between Blankenship and Hanawalt Ave approximately five (5) miles to the northwest of the City of Wasco in the County of Kern and State of California.

DESCRIPTIONThis unique opportunity consists of approximately 97.21 +/- gross acres of prime farmland with approximately 39 +/- acres of open ground on the west side of Western Ave, and approximately 57 +/- acres of open ground on the east side of Western Ave and Class I & II soil(s) suitable for development into almonds, tables grapes, pistachios, cherries, or any vegetable and fresh produce commodities.

PLANTINGSCurrently planted to alfalfa hay

LEGALKern County Assessor Parcel Numbers: 059-260-15; 059-260-11; 059-260-10; Portion of the South ½ of Section 15; Township 26 South; Range 24 East

IRRIGATIONWater is supplied to the property via one (1) deep groundwater well equipped with a 100HP electric motor that recently reported a flow of approximately 550 GPM based upon a pump test report dated 8/24/2015.

(Pump test report is available upon request from a qualified Buyer.)

The property is located in Semitropic Water Storage District with approximately 97.19 acres of Class 1 Contract Water Service or approximately 291.57 acre feet of Class 1 Water entitlement at 100% allocation with surface water delivered to the property via turnout 34-B.

On behalf of the District, the property was subject to the 2015 charges that include $92.97 per acre foot of delivered water and a service charge of $59.60 per acre of real property that is billed by the District with the Kern County Assessor’s office property tax roll. Semitropic Water Storage District delivery for all contract users for the 2015 crop year was approximately 20% of it’s full allocation.

There is an underground cement pipeline that is interconnected to both the irrigation well and district turnout to accommodate for the delivery of dual sources of water to parcels located on both sides of Western Ave.

SOILS70% (243) Wasco sandy loam, Class II 30% (192) McFarland loam, Class I

LEASEProperty is being sold subject to an agricultural lease that expires on December 31st, 2017. Seller to work with a qualified Buyer regarding the early termination of the

lease subject to the agreed upon terms and conditions of an accepted offer.

HOUSESTwo (2) single family dwellings with a domestic well to provide water for both residences on the property.

1031 EXCHANGESale of property will be contingent upon Seller being able to locate a suitable 1031 exchange property in a timely manner, unless contingency is waived by Seller.

OTHERMineral rights are not included with the sale of real property.

ASKING PRICE$2,430,250.00

(All cash to be paid at the close of escrow)

CONTACTMorgan HouchinTech Ag Financial Group, Inc.661-477-3669 (mobile)[email protected]

Tech Ag Financial Group, Inc.Broker DRE No. 01865336

[email protected]

661-477-3669661-323-1001661-764-5243

mobile

office

fax



SITE PHOTOS


[email protected]

661-477-3669661-323-1001661-764-5243

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office

fax



LOCATION MAP

SUBJECTPROPERTY

WASCO

Centr

al V

alle

y H

wy

Paso Robles Hwy

Gold

en S

tate

Hw

y

MCFARLAND

F S

t

99

46

43


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office

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AERIAL MAP

Blankenship Ave

Leo

nard

Ave

Hanawalt Ave

Weste

rn A

ve

Beaso

n S

t

SUBJECTPROPERTY

SUBJECTPROPERTY


[email protected]

661-477-3669661-323-1001661-764-5243

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office

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PARCEL MAP

SUBJECTPROPERTY

SUBJECTPROPERTY


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The Storie Index is a soil rating based on soil properties that govern a soil’s potential for cultivated agriculture in California.

The Storie Index assesses the productivity of a soil from the following four characteristics: Factor A, degree of soil profile development; factor B, texture of the surface layer; factor C, slope; and factor X, manageable features, including drainage, microrelief, fertility, acidity, erosion, and salt content. A score ranging from 0 to 100 is determined for each factor, and the scores are then multiplied together to derive an index rating.

For simplification, Storie Index ratings have been combined into six grade classes as follows: Grade 1 (excellent), 81 to 100; grade 2 (good), 61 to 80; grade 3 (fair), 41 to 60; grade 4 (poor), 21 to 40; grade 5 (very poor), 11 to 20; and grade 6 (nonagricultural), 10 or less.

The components listed for each map unit in the accompanying Summary by Map Unit table in Web Soil Survey or the Aggregation Report in Soil Data Viewer are determined by the aggregation method chosen. An aggregated rating class is shown for each map unit. The components listed for each map unit are only those that have the same rating class as the one shown for the map unit. The percent composition of each component in a particular map unit is given to help the user better understand the extent to which the rating applies to the map unit.

Other components with different ratings may occur in each map unit. The ratings for all components, regardless the aggregated rating of the map unit, can be viewed by generating the equivalent report from the Soil Reports tab in Web Soil Survey or from the Soil Data Mart site. Onsite investigation may be needed to validate these interpretations and to confirm the identity of the soil on a given site.

192

Blankenship Ave

Beaso

n S

t

Weste

rn A

ve

Hanawalt Ave

243

SOIL MAP

California Revised Storie Index (CA)— Summary by Map Unit — Kern County, California

Percent of AOI

192 McFarland loam Grade 1 - Excellent McFarland (85%) 29.6%

243 Wasco sandy loam Grade 2 - Good Wasco (85%) 70.4%

Totals for Area of Interest 100%

Component name(percent)

RatingMap Unit NameMap Unit Symbol


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Call Morgan Houchin 661-477-3669

FOR EVERYTHING

UNDER THE SUN

• Row Crops

• Orchards

• Vineyards

• Ranches

• Developed or Vacant Land

TECH AG FINANCIAL GROUP, INC.Tech Ag Financial Group was founded in the spring of 2001 with the purpose of helping Central Valley growers compete in today’s global market. The Group takes a dynamic approach by drawing upon almost a century of family farming experience and Ag-business expertise to help growers remain profitable in a constantly changing economic environment.

Locally owned, with offices in Bakersfield and Buttonwillow, California, our staff includes Ag-business professionals, accredited land consultants, and loan officers with an extensive knowledge base for the successful completion and management of real estate investment opportunities across a wide range of agricultural commodities.

At Tech Ag Financial Group, we can assist our clients in a wide variety of Ag-related areas including real estate brokerage, investment, tenant sourcing, leasing agreements, and crop production financing and operating lines of credit.

Contact us and take advantage of our services today!


[email protected]

661-477-3669661-323-1001661-764-5243

mobile

office

fax



for sale morgan houchin tech ag financial group, inc....w/ irrigation well and class 1 water...

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