Lone Tree Rd Oroville, CA 95965
- Land
- 230.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lone Tree Rd
- Lot size
- 230.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 230-acre agricultural property in Palermo, Butte County, California, presents a unique investment opportunity. The land comprises six separate parcels (APN: 25-170-014, 025-170-013, 025-170-012, 027-220-001, 027-220-069, 027-220-070) and is zoned AG-20. Approximately 145 acres are planted with high-density prunes and almonds (approximately 172 trees per acre), while an additional 85 acres are dedicated to walnuts under a long-term lease with 18 years remaining on a 25-year term. The property boasts abundant well water, utilized via a micro-jet irrigation system powered by three electric agricultural wells. The prune and almond orchards are irrigated by two wells, and the walnut orchard by a separate well. The asking price is $4,075,000, with the 2024 prune and almond crop included in the purchase price, subject to buyer reimbursement of seller's 2023 post-harvest cultural costs until escrow closes. The walnut acreage is priced separately at $675,000. This productive ranch offers significant tax benefits and is conveniently located off Lone Tree Road in Oroville, CA, 95965 (39.38657323, -121.57655678). The property is ideal for established agricultural operations seeking expansion or new ventures in a prime farming region.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oroville
- County
- Butte
- State
- California
- Longitude
- -121.577
- Latitude
- 39.3866