Logan Taylor
This listing was posted on RealtyWW.
$990,000
Plot For Sale In Yuba City, California
Price:
$990,000
Location:
Yuba City, CA
Description:
DESCRIPTION: The 30.19 acres features a mature olive orchard of the Arbequina variety with 1.5% of the orchard being Koroneiki pollenizers. The planting is on a 12-foot by 5-foot spacing with the support of a double-line trellis system. WATER: The property has a submersible ag well that irrigates the single-line drip system in one set. The static water level is around 30 feet. SOIL: This ranch consists of primarily class one soils. (See the attached soil map for more information) SPECIAL CONDITIONS: This property has a building restriction, however, it can be removed. ECONOMICS: A well-managed olive orchard can produce on average 5 tons/acre and each ton can produce 40 gallons of olive oil. Right now the market is around $20/gallon. That amounts to a gross profit of $3, 400/acre. The cultural cost average is around $1, 500/acre, leaving a net profit of nearly $2, 000/acre. Name a crop that is producing better income and I'd be happy to plant it right now! COMMENTS: This is an income-producing, low-labor, and easy-to-manage crop. In addition to the cash flow, this is an investment that is a hedge against inflation and offers significant depreciation. The growing demand for olive oil and a lack of new plantings guarantees this ranch a bright future!For more details: https://realtyww.info/land-lots_yuba-city-d524933/for-sale_i69406084
Property Type:
Land for Sale
Posted:
March 14 on RealtyWW
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More About this Listing: Plot For Sale In Yuba City, California
Plot For Sale In Yuba City, California is a Land for Sale in Yuba City CA. Find other listings like Plot For Sale In Yuba City, California by searching Oodle Classifieds for Land for Sale in Yuba City CA.
Plot For Sale In Yuba City, California is a Land for Sale in Yuba City CA. Find other listings like Plot For Sale In Yuba City, California by searching Oodle Classifieds for Land for Sale in Yuba City CA.