$4,075,000

0 Lone Tree Rd Unit 19988718 Palermo, CA 95965

Palermo Neighborhood

Estimated payment $25,786/month

Total Views 8,382
230 Acres
$17,717 Price per Acre
10,018,800 Sq Ft Lot

About This Lot

This 230 gross assessed acre offering is a Prune/Almond/Walnut Ranch located in Palermo, CA. The Ranch is prime for production in a desirable farming area. Its irrigated with an abundance of water through 3 Ag wells on a micro-jet system. It consists of 6 separate parcels. The Walnuts are on a longer-term lease. The Prunes are high density with approximately 172 trees to the acre. Easy access to both ranches off of Lone Tree Road.

Location: The property is located approximately 2 miles East of HWY 70 and 9 miles from the City of Oroville. It is located on both sides of Lone Tree Road. Just North of the intersection of Cox Lane /Lone Tree Road and 65 miles North of Sacramento.

Size:+/-230 Gross Acres

Price: The asking price for the 145 Acres of Prune/Almonds is $3,400,000 ($23,448 per gross acre) with the 2024 crop included in the purchase price subject to the Buyers reimbursement of the Sellers cultural cost expense from 2023 post-harvest until the close of escrow. 85 Acres of leased Walnuts is $675,000 ($7,941 per gross acre). The Walnuts are leased for 25 years, total of 18 years remaining.

Listing Agent

Amar Ashby

Sutter Equities Listed on: 04/10/2024

Listing Provided By

Property Details

Property Type

  • Land

Additional Features

  • Property fronts a county road
  • Well

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 916-716-3015
  • Listing Website: https://www.land.com/property/230-acres-in-butte-county-california/19988718/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt, County

Lot Info

  • Lot Description: Acreage

Multi Family

  • Utilities Available: Well

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 For Sale $4,075,000 -- --
California Butte County Palermo 95965 Palermo

0 Lone Tree Rd Unit 19988718, Palermo, CA

This home is located at 0 Lone Tree Rd Unit 19988718, Palermo, CA 95965 and is currently priced at $4,075,000. 0 Lone Tree Rd Unit 19988718 is a home located in Butte County with nearby schools including Honcut, Helen M. Wilcox Elementary School, and Golden Hills Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Listing Agent
Amar Ashby
Sutter Equities
(916) 716-3015