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Property profile & analytics
OFF-MARKET
Farms

2950 E Butte Rd Live Oak, CA 95953

Property ID
US10-1788532
Property summary
AI-generated overview

- This rare 149.31-acre agricultural estate in Yuba City, California, presents a unique opportunity to acquire a highly productive farm with a rich history, significant investment potential, and a prime location. - Comprising two parcels, the property features a well-established almond orchard, a historic farmhouse, multiple agricultural structures, and a reliable water supply, making it an outstanding asset for farming operations, investors, and those seeking a legacy estate. - This expansive 149.31-acre ranch is divided into two distinct parcels, each offering a combination of income-producing farmland and long-term agricultural value. - Parcel 13-240-086 spans 83.35 acres and includes a 15-acre almond orchard under a lease agreement set to expire in 2042. - The Clark Farm House is also situated on this parcel, with the remaining acreage actively utilized for rice production under a separate lease. Parcel 13-260-006 encompasses 58.82 acres, entirely dedicated to rice farming operations. Both parcels benefit from water supplied by the Sutter Extension Water District, ensuring long-term viability for farming operations. A dedicated residential well, equipped with a new pump installed in 2015, serves the farmhouse and other structures. - A lease agreement has generated $39,000 in annual rental income from 2021 through 2024. The buyer will have the ability to continue the existing leases for passive income or negotiate a buyout to transition the property into an owner-user farming operation. - At the heart of the estate stands the historic Clark Farm House, a charming two-story residence built in 1908 based on original Sears & Roebuck plans. Encompassing 2,358 square feet, the home features four bedrooms and one bathroom and was strategically constructed on elevated ground due to the absence of dams at the time. - Its history is deeply rooted in the region, having been originally exchanged for a team of horses. - Several well-maintained agricultural structures enhance the property’s functionality. - A 3,981-square-foot milk barn with an attached shop provides ample space for operations, while a 3,437-square-foot middle barn, the oldest on the property, stands as a testament to its agricultural heritage. - Additionally, a 4,018-square-foot north barn, a 480-square-foot carport, and a 346-square-foot utility structure offer further versatility for farming, storage, and equipment needs. - With no recent public notifications regarding road changes or public takings and no property permits pulled in the last decade, the estate remains flexible for future enhancements, expansion, or continued agricultural use. Its combination of a historic yet functional residence, highly productive farmland, and strong agricultural infrastructure makes it an attractive acquisition for a range of buyers. - This offering is currently unpriced, and a Call for Offers is anticipated in the near future. - Prospective buyers are encouraged to inquire for further details or to arrange a private tour of this remarkable agricultural estate.

Property profile
Verified
Property type Farms
UPID US10-1788532
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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