0 Lone Tree RdOroville, CA 95965

Property Details for 0 Lone Tree Rd

Lot size

230.00 AC

Property type

Agricultural properties

Property subtype

Other land

Description

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.

Location Insight

City

Oroville

County

Butte

State

California

Latitude

39.3866

Longitude

-121.577

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