4817 Lateral A Rd, Wapato, WA 98951-9317

This exceptional 721-acre agricultural property in Wapato, Washington, presents a unique investment opportunity. Located at 4817 Lateral A Rd, Yakima County, WA 98951 (46.4464015, -120.478769), this land is zoned for agricultural use and offers a rare chance to acquire a fully integrated produce operation. The property includes approximately 721 acres of deeded farmland, along with an additional approximately 846 acres under lease. The existing operation boasts state-of-the-art processing facilities spanning 85,000 square feet, encompassing light industrial warehouses and greenhouses equipped for processing a wide variety of produce. This includes asparagus, bell peppers, green beans, tomatoes, squash, sweet corn, watermelon, and zucchini. The farm's produce is currently sold to major retailers such as Kroger, Walmart, and Winco. A secure water supply is ensured through the Wapato Irrigation Project. The current owners are open to a creative leaseback arrangement, potentially continuing operations under a new ownership structure. A non-disclosure agreement is required for access to the complete data room. Initial bids are due July 31st, 2024, with a closing deadline of October 15th, 2024. This is a distressed sale.