For Sale
$5,658,412

99 Of Hwy Gridley, CA 95948

203 Acres, High-Yielding Orchard, $27,800/Acre

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 203.54-acre commercial property, located west of Highway 99 near Gridley, California, presents a lucrative investment opportunity in Butte County's renowned agricultural region. The land is comprised of three parcels (APN# 022-210-081, 022-210-083, and 022-210-071), totaling 57.16 acres, 144.04 acres, and 2.34 acres respectively. Currently cultivated with a high-yielding mix of walnut and almond orchards, the property boasts impressive production history. The orchard includes 55 acres of Chandler walnuts (15-20 years old, 30x30 micro-sprinklers), 35 acres of Solano walnuts (8 years old, 27x27 solid set), and 44 acres of Independence walnuts (2 years old, 16x22 solid set). An additional 60 acres of land are prepared for planting. Historical yield data demonstrates significant returns, with notable production figures for both Solano and Chandler walnuts in 2019, 2020, and 2021. The property benefits from exceptional water resources, including two deep wells (one 50 hp producing approximately 1300 gpm and a new 100 hp well with VFD producing 2700 gpm) and full surface water rights from the Butte Water District, utilizing three ditch lift pumps. Irrigation is via solid-set sprinklers for the Solano and Independence varieties. On-site improvements include a large wood barn for equipment storage. The asking price is $5,658,412, or $27,800 per acre. Detailed soil reports are available upon request. This property offers a compelling combination of established production, ample water resources, and significant growth potential.

Highlights

  • Approximately 203.54 acres (m/l).
  • APN# 022-210-081 (57.16 acres), APN# 022-210-083 (144.04 acres), APN# 022-210-071 (2.34 acres), all located in Butte County.
  • Walnuts and Almonds; 55 acres Chandler walnuts (15-20 years old), 35 acres Solano walnuts (8 years old), 44 acres Independence walnuts (2 years old), and 60 acres of open, prepared land.
  • Chandler walnuts: 15-20 years old, 30' x 30' spacing, micro sprinklers; Solano walnuts: 8 years old, 27' x 27' spacing, solid set; Independence walnuts: 2 years old, 16' x 22' spacing, solid set.
  • 2021 yields: Solano walnuts - 95,540 lbs (2730 lbs/acre); Chandler walnuts - 239,580 lbs (4356 lbs/acre); 2020 yields: Solano walnuts - 47,780 lbs (1365 lbs/acre); Chandler walnuts - 212,440 lbs (3863 lbs/acre); 2019 yields: Solano walnuts - no production; Chandler walnuts - 212,020 lbs (3854 lbs/acre). All yields are cleaned, in-shell nuts. Almonds to begin production in 2025.
  • Soils report available upon request.

Property Details for 99 Of Hwy

Property type
Land
Lot Size (sq. ft)
8,866,202 SF

Location Insight

City
Gridley
County
Butte
State
California
Latitude
39.3612666
Longitude
-121.6878989

FAQs

What type of property is this?
Land - 203 Acres, High-Yielding Orchard, $27,800/Acre
Where is the land located?
The property is located at 99 Of Hwy Gridley, CA.
What is the asking price?
The asking price for this property is $5,658,412.
What are key features of this property?
This property features: Approximately 203.54 acres (m/l).; APN# 022-210-081 (57.16 acres), APN# 022-210-083 (144.04 acres), APN# 022-210-071 (2.34 acres), all located in Butte County.; Walnuts and Almonds; 55 acres Chandler walnuts (15-20 years old), 35 acres Solano walnuts (8 years old), 44 acres Independence walnuts (2 years old), and 60 acres of open, prepared land.
How can I contact the broker?
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99 Of Hwy
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