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$ 23,122,000
Est. payment | /mo
1,051.36 Acres Lot
$ 23,122,000
Est. payment | /mo
1,051.36 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID 653795
HOA Y/N No
Lot Size 1051.360 Acres
Property Sub-Type Farm
Property Description
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 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. 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 athttps://sgma.water.ca.gov/portal.
Location
State CA
County Tulare
Exterior
Utilities Available Electricity Connected
Private Pool No
Building
Lot Description Rural, Total Parcel Only
Sewer Septic Tank
Water Well, District Water Avail, Seasonal Creek
Additional Building Rental House, Barn(s), Workshop
Schools
Elementary Schools Palo Verde
Middle Schools Palo Verde
High Schools Tulare Schools
Others
Special Listing Condition Bankruptcy Property, Third Party Approval, Bidding Required
Listed by Gurpal Bal Land Concepts
NEARBY SCHOOL & BUSINESS