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23820 W Adams Ave - +/-126.15 Ac. Almonds & Homes, San Joaquin

126.15 Acres of Agricultural Land Offered at $4,249,157 CAD in San Joaquin, CA 93660

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Investment Highlights

Excellent water from James Irrigation District & well
Seller financing available to qualified buyers

Producing almonds with good varieties

Executive Summary

DRASTICALLY REDUCED!! Almonds in full production at $24,000/acre with immediate cash flow. Seller will consider financing to a qualified buyer. Excellent two sources of water from James Irrigation District and one well with a new 75hp motor and bowls. A turn key operation with DBL line drip irrigation. Improvements include a house, mobile home, shop and barn with large open HQ area. Price includes the 2025 almond crop with cultural costs reimbursed to seller in escrow. The property is in the Williamson Act for lower property taxes. Accelerated Depreciation may be available - contact your accountant. Need management? That may be available too.

Property Facts

Price	$4,249,157 CAD	Property Subtype	Agricultural
Sale Type	Investment	Total Lot Size	126.15 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$4,249,157 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Total Lot Size	126.15 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$4,249,157 CAD	Lot Size	126.15 AC
Price Per AC	$33,683 CAD

Price	$4,249,157 CAD
Price Per AC	$33,683 CAD
Lot Size	126.15 AC

Flat, Level 116 Acres of Almonds including 50% Nonpareil, 25% each Monterey & Wood Colony planted in 2006. Additional 10 acres 50% Nonpareil/Monterey, planted 2016. Turnkey DBL Line Drip irrigation system under James I.D. & plenty of improvements.

Description

116 Acres of producing almonds (2006) & 10 acres planted (2017) with Nonpareil, Monterey and Wood Colony varieties. James irrigation District remains one of the strongest water districts in the Central Valley. See attached brochure for all the details.

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PROPERTY TAXES

Parcel Numbers	Multiple 030-111-46 030-111-05 030-160-20	Improvements Assessment	$1,481,560 CAD
Land Assessment	$721,660 CAD	Total Assessment	$2,203,221 CAD