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Page 1: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

Cover Page

Page 2: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

Index

Cover Page ...................................1

Offering Summary ........................2

Terms, Rights, & Advisories .........3

Location, Legal Description, & Zoning .........................................4

Purchase Price & Terms ...............4

Water & Irrigation ..........................4

Structures .....................................5

Block Map ....................................6

Local Map .....................................7

Regional Map ...............................8

NRCS Soils Map .........................10

Assessor’s Parcel Map ...............11

Aerial Photos ..............................12

Ground Photos ...........................13

Offering Summary • 76.07 acres of prime class 1 soils located in Kings County, California

between the Cities of Hanford and Armona.

• Featuring 3 ag wells and 1 domestic well, in addition to rental irrigation water available for purchase from the Kings County Water District.

• Two single family residences are on the property, one with 3 beds, 2 baths and the other with 3 beds 1 bath.

• Over 100 varieties of stone fruit have been grafted onto the 4 stone fruit blocks, with the crops being sold to farmers markets. There is also a fruit stand with a cold storage unit located on the property.

• Offered at $1,255,155 ($16,500 per acre).

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 2

Page 3: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 3

The Terms: London Properties or Broker. “Broker” as used herein includes London Properties Ltd., its Officers, Directors, agents, DBA’s and employees.

Sellers Rights: Seller hereby reserves the right to accept or reject any offer, terminate negotiations, withdraw the Property from the market without notice, amend the price, terms, conditions, and acreages being offered, and negotiate with multiple prospective purchasers concurrently until a definitive, legally binding Purchase and Sale Agreement is fully executed by Seller and Buyer. Seller also reserves the right to accept backup offers until the close of escrow.

Disclaimers: This information Memorandum contains information which may assist a potential buyer in evaluating the subject property for acquisition. Although information herein is and subsequent information to be provided by Broker shall be from sources believed to be reliable, neither Seller, Broker, nor its agents, makes any warranties or representations, express or implied, as to the accuracy, completeness or significance of such information. Buyer should not rely on the accuracy of any such information. It shall be Buyers’ sole responsibility to conduct an independent investigation and due diligence of the Property, its characteristics, production, soils, crops, water availability, and any other factors of importance to Buyer. Buyer is strongly advised to use qualified industry professionals to determine the suitability of the Property for Buyers’ intended use. Buyer is also advised that this Memorandum and Property information is dated, and that changes may have occurred prior to, during, and after the time that this Memorandum was prepared. The Property is offered for sale only in its present As-Is condition, and on terms and conditions only as may be set forth in a fully executed, definitive Purchase and Sale Agreement. Seller referenced herein shall be deemed to include its Principals, Directors, Officers, Shareholders, Partners, Associates and Employees.

Exclusive Representation Rights: London Properties Ltd. has been granted Exclusive Rights to represent Seller in the offering and sale of the property described herein. All communications, Letters of Intent, Offers, requests for additional copies of this Memorandum, requests for additional information, or for appointments to view may be made by contacting the following parties:

Page 4: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 4

Location, Legal Description, & Zoning• Located on the Southwest corner of W. Lacey Blvd. and 13th Avenue, one half mile West of Hanford.

• From CA-41 South, take the W. Lacey Blvd exit and travel East for 1.4 miles+/-, and the property will be on your left hand side.

PHYSICAL LAND USE WILLIAMSON APN COUNTY CITY ADDRESS ACRES ZONING COUNTY ACT

017-100-009 Kings N/A 017-100-009, 8.59 AL-10 Trees & Vines No CA, Kings County

017-100-010 Kings Hanford 10282 13th Ave,, 67.17 AL-10 Trees & Vines No Hanford, CA 93230-9441 Kings County

017-100-011 Kings Hanford 10250 13th Ave, 0.31 AL-10 Rural home No Hanford, CA site & single 93230-9441, family residence Kings County

Purchase Price & Terms• Buyer to review and approve of current lease agreements relating to the property.• Seller to reserve any mineral, gas and oil rights.• The property, composing 76.07 acres with two homes is offered at $1,255,155.• The ranch and homes are shown by appointment only, please contact listing brokers Cameron Kay or Ken

Neufeld to arrange a showing.

Page 5: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 5

Water & Irrigation• Located on the property are three irrigation wells, all equipped with electric submersible pumps (see Block Map

page 6 for well locations).

• Water is conveyed through in-ground cement pipelines with risers spaced approximately every 18 +/- feet.

• With a Last Chance Ditch Company canal traversing the property, there is not only the opportunity for great ground water resupply, but also rental irrigation water is available from Kings County Water District. It is noteworthy that Kings County Water District has the right to store water both in the Last Chance canal traversing the property and in the slough land areas of the property.

• There is one domestic well located on the property servicing both single family residences (see Block Map page 6).

Structures NAME SQUARE FEET DETAILS

Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage

Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached 2 car garage

Fruit Stand & Cold Storage 12’ x 20’ Freon cooling system for cooling storage

Page 6: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 6

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Blocks

Lacey RanchLacey Ranch

OpenOpen

StonefruitStonefruit

ApricotsApricots

&, Agricultural WellAgricultural Well

&, Domestic WellDomestic Well

Slough

Slough

SFR #1

SFR #2

DetachedGarage

Fruit Stand &Cold Storage

Block Map

Page 7: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 7

Local Map

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Lacey RanchLacey Ranch

00 580580 1,1601,160FTFT

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Page 8: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 8

Regional Map

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·|}þ137

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GoshenGoshen

ArmonaArmona

RiverdaleRiverdale

StratfordStratford

HanfordHanford

LemooreLemoore

GrangevilleGrangeville

Ki

ngs River

Lacey Ranch

KingsCounty

FresnoCounty

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Lacey RanchLacey Ranch

00 28,00028,000 56,00056,000FTFT

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Page 9: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 9

NRCS Soils Map

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147

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00 580580 1,1601,160FTFT

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Soil Map Unit Description

Lacey RanchLacey Ranch

147 - Nord Fine Sandy Loam147 - Nord Fine Sandy Loam

149 - Nord Complex149 - Nord Complex

Page 10: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 10

Assessor’s Parcel Map

Page 11: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 11

Aerial Photos

Page 12: Cover Page - LoopNet...Residence 1 1216 +/- 3 bedroom, 2 bath wood framed house with an attached 2 car garage Residence 2 1522 +/- 3 bedroom, 1 bath wood framed house with a detached

All information contained herein or subsequently provided by Broker has been procured directly from the seller or other third parties and has not been verified by Broker. Though believed to be reliable, it is not guaranteed by seller, broker or their agents. Before entering into any contract to

purchase all or any portion of the subject property, prospective purchasers are advised, as a matter of due diligence, to investigate and verify the accuracy of all such information, as well as the property’s suitability for prospective purchasers intended purpose.

Page 12

Ground Photos