Perpetual Water Well Easement will be filled by the county with the close of escrow - WATER FOR FREE FOREVER!!! The Independence Almond Orchard is young, only 8 years old; they are going on their third year of production, barely. It's supposed to generate more and more each year to come. You've got about 20 years of tree life to go. It's all set up with a 11-year lease with Harris Farms that pays the land owner 15% of gross crop a year as rent. Using current pricing, the blended almond price is approximately $2.50 per pound. At an average yield of 2,500 pounds per acre, gross revenue equals $6,250 per acre. Fifteen percent of that amount equates to $937.50 per acre. There is also a BUY-OUT, the Farmer Option, for an additional $300k.
Listing courtesy of LPT Realty, Inc. Selling Office: Select Real Estate and Mortgage Services.

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