For Sale

29939 Highway 4 , Farmington, CA 95230

$4,950,000(Negotiable)
$4,950,000(Negotiable)
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Overview

ID
3461512
Type
Agriculture
Parking
No
Purpose
For Sale

About This Listing

HUGE PRICE REDUCTION! NEW PRICE IS ONLY $4,950,000. If you subtract the cell tower income value from the asking price, the per acre price for the land including the house is just $12,780.00. 313 acres total, 306 acres in one block, plus 7 acres with cell tower. New tower lease is in effect. Tower income is over $45,000/year with 3%/ annual increases. Property is in the San Joaquin Central Water District with irrigation canal on the corner of the property. Water comes from New Melones Reservoir, and the San Joaquin Central District is now merging with the Stockton East District. This is a good thing. Suitable for trees or vines. Has always been dry grazing cattle operation. Highway frontage gives easy access for farm equipment. Hard to find a large block like this in a good location with district water. PRICED RIGHT! Also has a good home for a farm manager or a rental, needs some work. Good Ag ground with district water for this per acre price is unheard of even in todays market. You can still put in an Ag well in San Joaquin County, no problem, so you will have a back-up source for water. Good as gold. Bank your money here. Under all is the land.

Last checked: 4 hours ago
Listing updated: October 21, 2024, 4:14 pm
Listed By: Larry Killian, Killian Real Estate
Source: MLS Metrolist, MLS#:224001556

Map Location

29939 Highway 4 ,95230,Farmington,San Joaquin,CA

Walk Score

All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
MetroList CA data Last Updated: October 21, 2024, 4:14 pm
Data Source: SACM
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