S. Brannon Rd.
Firebaugh, CA 93622

A 1,850.19 +/- acre offering of almonds and open ground located in Westlands Water District. The property is currently planted to 1,498.4 +/- acres of almonds of multiple varieties with 154 +/- acres of farmable open ground, and 197.79 +/- acres of ancillary ground that could provide for offset land. The varieties of almonds are: Nonpareil, Carmel, Monterey, Wood Colony, Fritz and Price with planting dates ranging from 1997 to 2018. The property contains two homesteads and one area with facilities. The facilities are a 7,690 sq. ft. steel framed office and bin storage building, a 22,572 sq. ft. steel framed processing and storage building, a 10,620 sq. ft. steel framed processing building, a 13,325 sq. ft. steel framed dry storage and shop building, with 1 fuel depot and 1 mobile home. The property is located in Westlands Water District with groundwater provided by 3 ag wells currently in service. The Seller has entered into two lease agreements for land also located in Westlands Water District that totals 1,609.88 gross acres that are eligible for an received a contract allocation with Westlands Water District. Upon a sale lease back transaction, the Seller shall, as the Tenant, pledge under the lease agreement to transfer any water resultant from these leases to this Property as to provide furthered water for the irrigation of the Property during the term of their leases for the 1,609.88 acres at no cost to the Buyer. With the acreage limitations removed in December of 2020 now may be an optimal time for a large scale investment into a region that has high production capabilities together with land that has historically traded at a relative discount when compared to other areas with similar production capabilities and water allocations. The Seller has undertaken a large capital expense to add a Streamline Systems reverse osmosis machine and reservoir which in turn allows for them to filter and improve the quality of groundwater being delivered to the plantings. This in turn provides for the ability to use more groundwater on the orchard which may provide a lower cost in some years.