179 Acre Olive Orchard
This property consists of 179.93 assessed acres of farm land in Butte County, CA. The property is currently planted to approximately 160 acres of certified organic table olives. The property is located at 8972 Palermo Honcut Highway, Oroville, CA. The olive orchard was planted in the 1930"s and has been USDA organic certified since the 1980's. Varieties include Manzanillo, Mission & Ascalano. The property has 3 operating agricultural wells, two powered by electric and one powered by diesel motor. The irrigation system is a solid set system. The underlying soils on this ranch are primarily Class #2 and are well drained and should be suitable for an almond or prune orchard. The 3 bedroom, 2 bathroom, 1 office residence on the property has been completely renovated including new roof, hardwood flooring, new heating and air system, dual pane windows, and new bathrooms. Excellent pri...
This property consists of 179.93 assessed acres of farm land in Butte County, CA. The property is currently planted to approximately 160 acres of certified organic table olives. The property is located at 8972 Palermo Honcut Highway, Oroville, CA. The olive orchard was planted in the 1930"s and has been USDA organic certified since the 1980's. Varieties include Manzanillo, Mission & Ascalano. The property has 3 operating agricultural wells, two powered by electric and one powered by diesel motor. The irrigation system is a solid set system. The underlying soils on this ranch are primarily Class #2 and are well drained and should be suitable for an almond or prune orchard. The 3 bedroom, 2 bathroom, 1 office residence on the property has been completely renovated including new roof, hardwood flooring, new heating and air system, dual pane windows, and new bathrooms. Excellent price with excellent potential for a new developed orchard and tax depreciation.
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