10.47 Acre Almond Orchard & Homes
LOCATION: The subject property is located at 1235 Stewart Road, situated in Yuba City, CA Sutter County.
ACREAGE: the property consists of 10.47 acres (m/l), of which 6+/- acres are planted to Almonds. The remaining acreage is used for three homes.
APN & PARCEL SIZE:
23-040-065 - 5.23 acres (m/l)
23-040-061 - 4.5 acres (m/l)
23-040-062 - .74 acres (m/l)
ZONING: Currently this property is zoned agriculture but is included in the Bouge Stewart Master Plan for future residential development. The subject property has been chosen for medium to high-density homes. A complete Bouge Stewart Master Plan will be provided for review at the time of due diligence.
IMPROVEMENTS: Currently there are three homes on the subject property that are rented out. The homes range from 3,000 + sq.ft. to 1,200 sq.ft. They are rented from $1500 per month to $750 per month. There is also an old barn on the p...
IMPROVEMENTS: Currently there are three homes on the subject property that are rented out. The homes range from 3,000 + sq.ft. to 1,200 sq.ft. They are rented from $1500 per month to $750 per month. There is also an old barn on the property.
WATER: The subject property has two wells. One for domestic use, the other for agricultural use. The homes are all on septic and well water.
SOIL: The soils are all class 1.
COMMENTS: This is a great investment property, not only does it have rental income coming in from the three homes it also has income from the 6 acres of almonds. The future upside for this property will be huge due to the high to medium-use residential zoning development.
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