$40,000,000
$2M PRICE DROP

12765 Cranmore Rd Meridian, CA 95957

Estimated payment $242,911/month

Total Views 16,276
2,090 Acres
$19,139 Price per Acre
91,040,400 Sq Ft Lot

Highlights

  • Water Views
  • 2,090 Acre Lot
  • Agricultural
  • Sutter High School Rated A-
  • No HOA

About This Lot

An exclusive opportunity to purchase an investment grade, high yielding walnut and almond orchard in Sutter County, CA. The +/-2,090 acre property consists of +/- 900 acres of walnuts (primarily Chandlers), +/- 80 acres of Independence Almonds, +/-520 acres of Row Crop Land and +/-415 acres of easement restricted natural habitat (HUNTING RIGHTS NOT INCLUDED). The property is irrigated via two river pumps on the Sacramento River as well as three deep water ground wells. The property has a history of water sales/transfers and an assignable US Bureau of Reclamation settlement contract. Total base river water supply for the property is +/-8,070 acre feet annually. 2023 walnut production was 5,261,000 lbs (5,859 lbs/ac) and 2023 almond production was 225,335 lbs (2,817 lbs/ac). Upgrades include sprinkler & drip irrigation systems, drain tiles, solar field and modern metal warehouse/barn. OFFERS DUE JUNE 14th, 2024.

Listing Agent

Matthew Sarro

Collier's International CA, Inc. License #01942991

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $240,989

Year Built

  • 1958

Lot Details

  • 2,090 Acre Lot
  • Possible uses of the property include Agricultural, See Remarks
  • Property is zoned AG

Property Views

  • Water Views
  • Orchard Views

Farming

  • Agricultural

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 024-050-006-000

Property Details

Property Type

Land

Est. Annual Taxes

$240,989

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: See Remarks
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built (Public Record): 1958

Exterior Features

  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 40000000.00
  • Lot Features: See Remarks
  • New Construction: No
  • Pool: No
  • Road Frontage: See Remarks
  • Spa: No
  • Topography: Other,Other
  • View Description: Orchard, Water
  • Additional Living Units: No
  • Soil: See Remarks

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: AG
  • Crops: See Remarks
  • Current Use: Agricultural, See Remarks
  • Development Status: See Remarks
  • Zoning Description: See Remarks
  • Irrigation: See Remarks
  • Lot Size Acres: 2090.0000
  • Lot Size Sq Ft: 91040400.00
  • Possible Use: Agricultural, See Remarks
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks"]

Tax Info

  • Assessor Parcel Number: 024-050-006-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $240,989 $17,667,080 $12,886,983 $4,780,097
2022 $221,465 $16,601,622 $12,634,298 $3,967,324
2021 $214,453 $16,949,748 $12,386,742 $4,563,006
2020 $210,378 $16,867,908 $12,259,677 $4,608,231
2019 $221,028 $18,111,391 $12,019,271 $6,092,120
2018 $205,418 $16,594,810 $11,783,549 $4,811,261
2017 $200,300 $16,390,459 $11,552,512 $4,837,947
2016 $193,704 $15,976,667 $11,460,038 $4,516,629
2015 $189,181 $15,551,410 $11,032,000 $4,519,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Price Changed $40,000,000 +3999999900.0% --
05/03/2024 05/03/24 Price Changed $1 -100.0% --
04/29/2024 04/29/24 For Sale $42,000,000 -- --
Source: MetroList

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,517,827 Commercial
Source: Public Records

Source: MetroList

MLS Number: 224043953

MetroList

APN: 24-050-006