Listing Agency: Pearson Realty d***@pearsonrealty.com Show Phone

Listed By: Dan Kevorkian · License #CA 00830646

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 10:05AM

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Investment Insights

Based on property information with market context.

This property is agricultural land historically farmed to irrigated field crops, including onions, garlic, tomatoes, alfalfa, cotton and wheat. The farm is currently under a lease agreement for the 2022 crop season, which expires on November 30, 2022.

A portable filter station and booster pump located near well #2 are owned by the tenant and will be removed at the end of the lease. In addition, above-ground valves attached to the main lines will also be removed at lease expiration.

Following the lease term, the underlying farmland and irrigation-related infrastructure remaining on site would be available for the next use, subject to any terms and conditions established at that time.

Key Highlights

• Farming land historically used for irrigated field crops including onions, garlic, tomatoes, alfalfa, cotton, and wheat
• Property is under a lease agreement for the 2022 crop season
• Lease for the 2022 crop season expires November 30, 2022

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

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Demographics for 93624, CA

806

Population

212

Households

3.8

Avg Household Size

31

Median Age

17%

High-School Grad

144.1 sq mi

ZIP Area

6

Density / Sq Mi

$39,444

Median Household Income

$25,325

Median Earnings

$695

Median Rent

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - Farming land currently under lease for irrigated field crops, with tenant equipment scheduled for removal at lease end.

Where is this agricultural land / farmland located?

The property is located at 21815 S Colusa Ave Five Points, CA.

What are key features of this property?

This property features: Farming land historically used for irrigated field crops including onions, garlic, tomatoes, alfalfa, cotton, and wheat; Property is under a lease agreement for the 2022 crop season; Lease for the 2022 crop season expires November 30, 2022