S Turner Island Road, Los Banos, CA 93620

$7,680,000
List Price
$7,680,000
MLS#
222149920
Status
ACTIVE
Type
Land

Property Description

Approximately 268 +/- acres within the San Luis Canal District (best water sources within California), Pacheco and San Luis Federal Water District (Allocation for 2023 at 100%). An AG well was just installed within the last few months & is producing 2,500 GPM, this well water is allowed to be transferred to the tree ground within the federal water district. This is good quality farmland with the agricultural market increasing, investing in farmland has emerged as a profitable opportunity. These properties are in great locations within Merced County. The location on Turner Island Road is approximately 98 +/- acres and has just been planted in Alfalfa (1st crop in 2023). The other locations on Eagle Field and Poleline Road have been planted in almonds. The Eagle field location is approximately 75.50 +/- acres and is on its 9th Leaf. Poleline Road location is approximately 94.50 +/- acres and is on its 6th leaf. These trees are in there prime, the varieties are Nonpareil (50%), Monterey (25%) & Wood Colony (25%). The rootstock is Nemaguard and the spacing is 16X23 (Eagle Field), 16X22 & 14X22 (Poleline). These locations are all close to Los Banos, Dos Palos, I-5, HWY 152 & HWY 165. See additional information attached.

Additional Information

Sewer
None

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Calculator source: Real Geeks

Courtesy of T. Kaljian Real Estate, .

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