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SOLD - It’s almost impossible to find small acreage with Class 1 soil for a reasonable price. Luckily, you’re seeing this property before it’s gone! The neighboring almond orchards clearly show this properties potential.
LOCATION: This property is located at 1527 Palermo Rd, Palermo, CA 95968. It is less than a 30 minute drive north of Marysville, CA.
EGRESS/INGRESS: Access is from both Palermo Road and Lone Tree Road.
ZONING: Agriculture – 20. It has the possibility to be split in two lots with 20-acre minimums.
DESCRIPTION: The property features a rolling 44.39 acres.
SOIL: This orchard is comprised of entirely Class 1 soil. The components names are Fernandez sandy loam and Thompson Flat fine sandy loam.
WATER: There is an ag well and city water to this property. The ag well is powered by an electric, three phase, 15 hp motor and produce approximately 230 gpm. The motor was rebuilt in 2015 and has barely been used since.
IMPROVEMENTS: The 44.39 acres is entirely fenced and gated. Additionally, it already has a house pad, just waiting for you to build your dream home.
DEPRECIATION: Improvements such as the trees, wells, and irrigation systems may offer depreciation advantages to a prospective Buyer.
PRICE: $475,000 ($10,700 per acre)
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