100 Acres Lot
100 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN23175382
HOA Y/N Yes
Lot Size 100.000 Acres
Property Description
Also note, we are currently being courted by multiple other solar companies for the remaining 50 acres with the price/terms yet to be committed. This energy contract would GREATLY increase the net income!!! CAP rate would be 9.1% with the one contract and farming 50+/- acres of olives remaining or 12.71% CAP rate if (2) option contracts are exercised at $3,750/acre for 100 acres total. QUALITY: This vineyard was developed from the ground up to be a high quality & high yielding producer. Winning Gold Medals in the Los Angeles International Olive Oil Competition and Mid-State Fair in Paso Robles. BUILDING SITE: The property was designed as a showplace with a 3-acre pond wrapping around a acre building pad. Build your dream home or your own tasting room with a fantastic view of the Sutter Buttes. Borders Dove Ridge (2,400 acre Conservation Bank to the North) which will never be developed as well as PG&E land to the East which will also ensure that you have no neighbors building on top of you. Owners are only selling for Estate Planning.
Location
State CA
County Butte
Zoning U
Interior
Fireplace No
Exterior
Community Features Valley
Utilities Available Electricity Available, Water Available, Sewer Not Available
View Y/N Yes
View Panoramic, Pond, Valley, Vineyard
Building
Lot Description Agricultural, Orchard(s)
Sewer None
Water Agricultural Well, Well
New Construction No
Others
Senior Community No
Tax ID 041230005000
Acceptable Financing Cash, Conventional, 1031 Exchange, Trade
Listing Terms Cash, Conventional, 1031 Exchange, Trade
Special Listing Condition Standard
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