Property profile

99 Of Hwy Gridley, CA 95948

OFF-MARKET
Land
203.54 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 203.54 ac (8,866,202 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

99 Of Hwy Gridley, CA 95948
Gridley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 99 Of Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message