0 Cottonwood Road
$2,950,000
4,356,000 / 100
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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...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.
- Listed by Kory Hamman • DRE #01158025 • Hamman Real EstateP: (530)-228-1940 koryhamman@yahoo.com
Property Details for 0 Cottonwood Road
Zoning Description
Agricultural,Orchard,Agricultural/Residential,Research & Development,Farm/Ranch,Horses Allowed,Rezone Possible,Split Possible,Kennels Possible,Livestock,Tree Farm,Mixed,Vineyard,Nursery
ZoningAG
View DescriptionOrchard, Panoramic, Vineyard
LISTING UPDATED: 03/11/2024 08:18 PM
Property Details for 0 Cottonwood Road
Status | Active |
---|---|
MLS # | 223091316 |
Days on Compass | 425 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Agriculture |
Year Built | - |
Lot Size | 100.00 AC |
County | Butte County |
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Building Information for 0 Cottonwood Road
Lot Size100.00 AC
Property Information for 0 Cottonwood Road
Property History for 0 Cottonwood Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 0 Cottonwood Road
This home is within Oroville Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
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Poplar Avenue Elementary School PublicK to 5 | ||
Nelson Avenue Middle School Public6 to 8 | ||
Oroville High School Public9 to 12 | ||
Heritage Community Day School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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