N Township Rd, Yuba City, California, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$990,000

N Township Rd
Yuba City, California, United States

Listed By: Realtyww Info

Listed On: 08/15/2024

Listing ID: GL11606483 View More Details

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. 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. 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!

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Listed by: Logan Taylor