0 Broyles Road Chico, CA 95973

$1,200,000 Closed

About the Property

Please Note: This property has been SOLD

43.48+/- deeded acres planted to Hartley and Vina walnuts on Class 2 soils, level orchard floor, located 6 +/- miles north of Chico at the northeast corner of Broyles Road and Cana Pine Creek Road. Irrigation is provided by agricultural well with a 75 HP electric turbine pump. Pump and well production estimated at 1,200 GPM providing 29 GPM per acre using 41 planted acres. Net orchard acres are estimated at 41 acres. Seller states the trees are 20 +/- years old, planted on black walnut rootstock. The Vina and Hartley walnuts are planted every other row with farming rows running east to west. The tree spacing is 24’ (harvest width row) by 28’ (down the row). Every other Hartley tree has been removed to provide more light for increased orchard production. 2018 production was 3,258 lbs per acre, 2019 production was 2,414 lbs per acre. The 2 year average is 2,836 lbs per acre. 2020 crop included in the offering provided Buyer reimburses Seller for cultural costs to close of escrow.

Property Information

Lot Size 43.48 Acres
Property Type Land/Lot
Zoning AG-80
Listing Number SN20038859
Listed 2/20/2020
Modified 4/3/2020
Listing Agent Sam Mudd
Listing Office AG-LAND Investment Brokers

Property Features

Improvements
  • Producing walnut orchard
Land Lease
  • No
Road Frontage
  • County Road
Road Surface
  • Paved
Utilities
  • Electricity Connected
Views
  • Orchard
Water Source
  • Agricultural Well
Community
  • Rural
  • Valley
Lot Features
  • Agricultural
  • Agricultural - Tree/Orchard
  • Sprinkler System
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