458.79 +/- Acres of AEWSD Citrus & Open Land

• Location – Property is located on both east and west sides of Comanche Rd., north and south of Edison Hwy and less than one (1) mile to the southeast of the City of Bakersfield in the unincorporated area of Edison in the County of Kern and State of California.
• Description – This unique opportunity with multiple sources of water consists of 458.79 +/- gross acres of assorted navel citrus and open farmland in the highly desirable Arvin-Edison Water Storage District (AEWSD), Edison Region. The 251.0 +/- net acres citrus varieties consist of 6 different plantings with various plant dates, and 207.79 +/- gross acres of open farmland currently grown to potatoes and carrots.  The property has one (1) 1.97 +/- gross acres gated equipment yard, and an additional pipe yard for row crop operations.  The property consists of Grade 1 – Excellent soils.
• Water – The subject property has lands benefitting from surface water contracts, temporary water service, and the remaining lands are located within AEWSD groundwater service area. The opportunity’s primary sources of water are surface water contracts equaling 274.79 +/- AC distributed through AEWSD turnouts E-26 and E-92, a temporary water service agreement for 144 +/- AC distributed through turnout E-26, and one (1) deep well.
• Pricing: US$9,061,102.50 ($19,750.00 per gross acre)

CONTACT: JOHN C MOORE III
ASSOCIATE, DRE # 02083662
MOBILE: 661-303-6536
JMOORE@TECHAG.COM