Johnny Appleseed would certainly approve of this outstanding agricultural investment opportunity! Fair Hills Farm is ideally located amongst beautiful vineyards and rolling hills of the Paso Robles wine country. In fact, this 81+ AC offering is only a few miles to the Paso Robles Airport & Hwy 46E, and is less than 10 miles to downtown. Nearby wineries, golf courses and estate ranches provide an idyllic location to ultimately build a dream estate home amid the mature shade trees and near your own private reservoir/pond. But that is just the icing on the cake. What makes Fair Hills Farm so opportune is the impressive income generated from this large scale orchard operation (with over 23,000 trees planted, this is a true business venture of grand proportion)! Based on accounting from a 2017 Certified Producers Certificate, FHF is estimated to have 20,000 apple trees alone, plus a hearty variety of stone fruit trees (incl. apricot, nectarine, peach, pear, plum, cherry, etc), and is believed to be one of the largest growers on the Central Coast. And this equates to a highly profitable business, with gross income ranging from 600K- 800K/YR. Depending upon an owners involvement, this kind of gross revenue can result in a NET income between 300-500K/YR! Sale includes all equipment for continued operation (cold storage, tractors, etc), existing distribution accounts + a high volume AG well. Want a vineyard? Ask about the nearly 3/1 offset allowed. (NOTE: San Miguel mailing address)
|Lot Size||81.4 Acres|
|Listing Agent||Scott Ehrke|
|Listing Office||RE/MAX Parkside Real Estate|
Listed by Scott Ehrke of RE/MAX Parkside Real Estate. Listing data last updated 3/20/2019 at 7:07 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 2/25/2019 11:10 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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