Description
TURN KEY farmland for lease at $829.39 per acre per year for the first two years, increasing to $994.45 for years 3 through 5. The property consists of 120.67 acres of level, unobstructed, and organic farmland located on E. Avenue J from 70th St. E to 75th St. E. continuing back another 1/2 mile to E. Avenue J-8. in the City of Lancaster. It neighbors land being farmed by Campbell Fresh (aka Campbell Soup Company). The property has available for purchase up to 50 acre feet (AF) per year in water extraction rights from the AV Water Basin in perpetuity granted to the property through the recent Antelope Valley Groundwater Adjudication. Also available for purchase are AF carryovers amounting to 400 AF. This property includes a turn-key newly drilled 580' commercial water well, equipped with a powerful 150 HP FloWise Pump and Emerson Motor to be used and maintained by the Lessee. Five SCE electrical utility poles extend from Avenue J to exclusively power the well and equipment. The well is metered (7362 1/2 E. Avenue J). Includes APNs 3384-009-001 and 3334-009-006.
Location
Listing Agent: Ronald Halcrow Courtesy of: Coldwell Banker Hartwig The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 3rd February, 2023 10:25 AM (UTC)
