Prime Central Valley Agricultural Holding with Grandfathered 1 MW SCE (Southern California Edison) Legacy NEM 1.0 Solar System.
Positioned in the heart of Tulare County, this Central Valley ranch represents large contiguous acreage, premium soils, and an agricultural asset with exceptional energy cost controls. The property features almond orchards, mature pistachios, grapefruit, and open ground.
Surface water deliveries from Lower Tule Irrigation District, along with a high-capacity well network, are conveyed to an on-site reservoir. The property is supplemented by natural riparian water rights along the
Lower Tule River.
The property has multiple homes and shop buildings.
The defining operational advantage of the ranch is its grandfathered 1 MW Ground-Mounted Solar Facility connected under Southern California Edison's (SCE) Legacy NEM 1.0 Tariff with Net Energy Metering Aggregation (NEMA). By aggregating all deep-well pumping stations, booster pumps, shop facilities, and domestic residential meters under a single 1:1 retail credit structure, the property eliminates a large amount of annual utility operating costs.
Situated near the Highway 99 corridor, just minutes from central Tulare, the World Ag Expo grounds, and the UC Veterinary Teaching Facility.
See attached brochure for additional details.
The property is in Chapter 11 bankruptcy proceedings and the sale will be subject to court approval and overbid and process.
SGMA Disclosure: The Sustainable Groundwater Management Act was passed in 2014 and requires groundwater basins to be sustainable by 2040. SGMA and GSA/GSP plans may limit ground water pumping. For more information please visit the SGMA website