$2,950,000
For Sale

Cottonwood Road

Oroville, CA 95965
100.00 acres | #223091316
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This gorgeous 100 acre parcel consists of 80+/- acres of Super High Density Planting (HDP) Olive vineyard centrally located on Cottonwood Road between Hwy 99 & Hwy 70 in the middle of Butte County. The planting is on 13-foot by 5-foot spacing resulting in 670 trees per acre with the support of a trellis system. Owners strategically planned and developed this unique showpiece to make it one of a kind. WATER: Tremendous water with a 50HP Pump producing 2,500 gallons/minute provides irrigation through emitters on drip-line. Laser leveled and terraced for draining. PROFITABLE: Has a great Supplier Contract. BONUS: Being within 1 mile of the large PG&E substation creates another big benefit. Currently there is one Solar Option Contract with a National Energy provider that once exercised will pay $3,750/acre per year for 50 acres ($187,500/year) with a 2% annual escalator for a minimum of 22 years with options to extend up to 34 years nine months. -Cont.

  • Property Details
      • ZoningAgricultural, Orchard, Agricultural/Residential, Research & Development, Farm/Ranch, Horses Allowed, Rezone Possible, Split Possible, Ke
      • Utility SourceAgricultural Well, Private Well
      • Lot DescriptionBuilding Pad, Pond Year Round
      • ViewOrchard, Panoramic, Vineyard
      • Utility FeaturesSee Remarks
      • Property SubtypeAgriculture
      • FenceBarbed Wire
      • MLS #223091316
      • MLS #223091316
      • Property TypePurchase
      • Cost2950000
      • CountyButte
      • Acres100

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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