A rare opportunity to own approximately 114.07 acres of premium farmland ideally located near the city of Porterville. This offering consists of four parcels featuring a combination of income-producing citrus and open ground ready for development. Parcels are available for purchase separately or together.
The property features excellent Grade 1 soils, offering highly productive agricultural ground with significant potential for continued farming and future development.
Two sources of water! Groundwater wells & Porterville Irrigation District surface water.
Well #1 = 2015, 500 ft depth, 60 HP submersible pump
Well #2 = 2018, 700 ft depth, 16 inch casing. Not connected.
Porterville Irrigation District: 20HP lift pump and filtration system.
The acreage includes open ground along with approximately 14 acres of Tango mandarins planted in 2016. See attached brochure for additional information.
The property is in Chapter 11 bankruptcy proceedings and the sale will be subject to court approval and overbid 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