99 Of Hwy Gridley, CA 95948
- Land
- 203.54 lot acres
Current Use by Public Records
- Land
Property Details for 99 Of Hwy
- Lot size
- 203.54 lot acres
- Property type
- Land
Description
This exceptional 203.54-acre commercial property, located west of Highway 99 near Gridley, California, presents a lucrative investment opportunity in Butte County's renowned agricultural region. The land is comprised of three parcels (APN# 022-210-081, 022-210-083, and 022-210-071), totaling 57.16 acres, 144.04 acres, and 2.34 acres respectively. Currently cultivated with a high-yielding mix of walnut and almond orchards, the property boasts impressive production history. The orchard includes 55 acres of Chandler walnuts (15-20 years old, 30x30 micro-sprinklers), 35 acres of Solano walnuts (8 years old, 27x27 solid set), and 44 acres of Independence walnuts (2 years old, 16x22 solid set). An additional 60 acres of land are prepared for planting. Historical yield data demonstrates significant returns, with notable production figures for both Solano and Chandler walnuts in 2019, 2020, and 2021. The property benefits from exceptional water resources, including two deep wells (one 50 hp producing approximately 1300 gpm and a new 100 hp well with VFD producing 2700 gpm) and full surface water rights from the Butte Water District, utilizing three ditch lift pumps. Irrigation is via solid-set sprinklers for the Solano and Independence varieties. On-site improvements include a large wood barn for equipment storage. The asking price is $5,658,412, or $27,800 per acre. Detailed soil reports are available upon request. This property offers a compelling combination of established production, ample water resources, and significant growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gridley
- County
- Butte
- State
- California
- Longitude
- -121.688
- Latitude
- 39.3613
