Portv, Porterville, CA 93257 For Sale

Location

The subject property is located on the South side of East Olive Avenue, approximately 1/3 mile East of Granite Hills High School, Porterville, CA 93257.

Description

The property has street frontage on E. Olive Avenue and E. Roby Avenue and is located adjacent to the City Limits of Porterville. According to the 2030 General Plan Land Use is designated as Low Density Residential, Neighborhood Commercial, and Parks and Recreation. The property consists of approximately 22.5 acres of table grapes planted in 2021 and 17.5 acres of open ground.

Parcel #’s

Tulare County APN’s: 263-080-001-000;

263-080-004-000

Zoning

R-1-M

Crops

The west 12.5+/ acres is planted Ivory and the east 10+/- to Timpson table grapes with the balance of the property open land. The vineyard is supported by an 8 wire, V trellis. The seller would like to retain the 2026 crop.

Soil

According to the USDA California Revised Storie Index, Grade 4 soil; see attached soils map for description.

Water & Irrigation

The property has 1 irrigation well that is 500’ deep with a 10 HP submersible pump. The well was drilled in 2019. Drip irrigation supplies water to the vineyard. The property is located within Pioneer Water Company, however, the seller does not own any stock shares. Currently the seller is leasing 2 shares. The subject property is a part of the San Joaquin Valley- Tule SGMA Basin Priority and the Eastern Tule GSA.

SGMA

The Sustainable Groundwater Management Act passed in 2014 requires groundwater basins be sustainable by 2040 and requires Groundwater Sustainability Plans (GSP) by 2020. GSPs may limit the amount of well water pumped.

For more information go to https://water.ca.gov/Programs/Goundwater-Management/SGMA-Groundwater-Management

Price/Terms

$1,300,000 ($32,500/acre) cash at close of escrow.