Size: |
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Approximately 53.6 acres. |
Location: |
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The property address is 10139 Linden Road, Dos Palos. It is located on the south side of Linden Avenue between Cozzi Avenue and Arroya Avenue in Merced County. It is about 15 minutes east of Los Banos, California and about 35 minutes west of Merced, California. |
APN: |
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The Assessor’s Parcel Number is 086-160-035 in Merced County. |
Water: |
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The property is in the Central California Irrigation District (CCID) wherein water costs for the 2010 season were $7 per acre
foot for the first two acre feet. This is considered to be a desirable water district because its water rights have priority over
those of neighboring districts. For additional information about water supply and rates click here. |
Soil: |
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Soils consist of Dos Palos Clay Loam, partially drained, and Elnido Sandy Loam, partially drained. |
| Improvements: |
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Improvements include an all metal 3,824 sq. ft. barn, a well preserved vintage tank house and two vintage homes containing 1196 sq. ft. and 928 sq. ft. respectively. The paved yard and grounds are immaculate. |
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| Leases: |
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The farmland is currently leased for 25% share of the gross revenue and the term for this lease is until December of 2014. Each home is also rented for $650 per month. The average total annual rental income for the last 5 years is appoximately $29,000. |
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Price: |
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$600,000 ($11,194 per acre) |
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