SOLD – 516.64 Acre Kings River Row Crop Ranch

Sold

$8,500,000

Property ID:

None

Area

516.64 Acres

Description

This opportunity is 516.64 +/- acres on four parcels, 396.64 acres are located in the Empire Water District, and 120 acres are in the Jacobs Irrigation District. The ranch headquarters has two homes, and a maintenance shop.

Additional Details

Parcel Numbers: Kings County APNs 026-110-011, 026-240-016, and 026-190-013, & 014
Zoning: A - Intensive Agriculture (20 acre minimum parcel size)
Crops: The ranch in Empire is planted to pima cotton on buried drip, and the neighboring farms are planted to pistachios, pomegranates, wine grapes, and wheat. The ranch in Jacobs is dry farmed to wheat and also has neighboring fields planted to pistachios, cotton and wheat.
Soil: According to USDA, the ranch consists of various class 3 soils and some class 2 soils (see attached soils map for description)
Water & Irrigation: The ranch has 396.64 acres located in the Empire Water District, and in the Kings River Service Area and has a contract to receive State Water (Empire Water District has 3000 AF of State Water Contract). The remaining 120 acre is in the Jacobs Irrigation District. The seller also has 100 shares of Lemoore Canal Stock that are included in the sale.