For Sale
$4,075,000

0 Lone Tree RdOroville, CA 95965

230 Acres, Butte County, CA

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 230-acre agricultural property in Palermo, Butte County, California, presents a unique investment opportunity. The land comprises six separate parcels (APN: 25-170-014, 025-170-013, 025-170-012, 027-220-001, 027-220-069, 027-220-070) and is zoned AG-20. Approximately 145 acres are planted with high-density prunes and almonds (approximately 172 trees per acre), while an additional 85 acres are dedicated to walnuts under a long-term lease with 18 years remaining on a 25-year term. The property boasts abundant well water, utilized via a micro-jet irrigation system powered by three electric agricultural wells. The prune and almond orchards are irrigated by two wells, and the walnut orchard by a separate well. The asking price is $4,075,000, with the 2024 prune and almond crop included in the purchase price, subject to buyer reimbursement of seller's 2023 post-harvest cultural costs until escrow closes. The walnut acreage is priced separately at $675,000. This productive ranch offers significant tax benefits and is conveniently located off Lone Tree Road in Oroville, CA, 95965 (39.38657323, -121.57655678). The property is ideal for established agricultural operations seeking expansion or new ventures in a prime farming region.

Highlights

  • $4,075,000 asking price for 230-acre agricultural land in Oroville, CA.
  • 25-year lease on 85 acres of walnuts, with 18 years remaining.
  • 145 acres of prune and almond orchards.
  • Abundant well water with micro-jet irrigation.
  • Zoned AG-20.
  • APN: 25-170-014, 025-170-013, 025-170-012, 027-220-001, 027-220-069, 027-220-070.

Property Details for 0 Lone Tree Rd

Property type
Land, Farms
Lot Size (sq. ft)
10,018,800 SF

Location Insight

City
Oroville
County
Butte
State
California
Latitude
39.38657323
Longitude
-121.57655678
Lone Tree Rd, Oroville, California

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0 Lone Tree Rd
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