FOR SALE
$2,950,000

0 Cottonwood Road
Oroville, CA 95965

Farm, Land
Land Lot
100
Acre Lot
Courtesy: Hamman Real Estate; Phone:
Agent Websites> California> Oroville> 95965
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.
223091316
Farm, Land, Other
Butte
100 Acres
Private, Well
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Hamman Real Estate; Phone:
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
This content last refreshed on 4/27/2024 3:31 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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