$2,659,020
$3,350,000
20.6%For more information regarding the value of a property, please contact us for a free consultation.
126.62 Acres Lot
SOLD DATE : 11/16/2021
Key Details
Sold Price $2,659,020
Property Type Vacant Land
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20072800
Sold Date 11/16/21
HOA Y/N No
Originating Board MLS Metrolist
Lot Size 126.620 Acres
Acres 126.62
Property Description
The property is 126.62 acres located on the southeast corner of W Blewett Rd. and Welty Rd. It is south of the town of Vernalis in Stanislaus County. The property is in the West Stanislaus Irrigation District and planted to olives approximately 14 years old. The property is leased until December of 2031. The rent is 10% of the gross proceeds of the olive crop but not less than $255 per acre per year. According tothe lease, the lessor has the right to buy-out the tenant.
Location
State CA
County Stanislaus
Area 20113
Zoning AG-40
Direction Located on the southeast corner of Blewett Rd. and Welty Rd.
Interior
Equipment None
Exterior
Water Access Desc Irrigation District
Topography Agricultural Leveled
Street Surface Paved
Building
Lot Description Other
Sewer None
Water Irrigation District
Schools
Elementary Schools Patterson Joint
Middle Schools Patterson Joint
High Schools Patterson Joint
School District Stanislaus
Others
Senior Community No
Tax ID 016-004-004
Special Listing Condition Successor Trustee Sale
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Bought with Donlon Realty