$4950000 Price Analysis 29939 E Highway 4Farmington, CA 95230 Unknown bed 0 bath unknown SqFt ($0/SqFt) 313.0 acre lot. Listed 2024-01-06 | Ⓧ USDA Ineligible due to property near Farmington |
BRAND BRAND NEW PRICE IS ONLY $4, 950, 000. If you subtract the cell tower income value from the asking price, the per acre price for the land including the house is $12, 780.00. 313 acres total, 306 acres in one block, plus 7 acres with cell tower. Pristine tower lease is in effect. Tower income is over $45, 000/year with 3%/ annual increases. Property is in the San Joaquin Central Water District with irrigation canal on the corner of the property.
Wat er comes from New Melones Reservoir and the San Joaquin Central District is now merging with the Stockton East District. This is a good thing. Suitable for trees or vines. Has always been dry grazing cattle operation. Highway frontage gives easy access for farm equipment. Hard to find a large block like this in a good location with district water. PRICED RIGHT. Good home for a farm manager also. Good Ag ground with district water for this per acre price is unheard of even in todays market. You can still put in an Ag well in San Joaquin County, no problem, so you will hve a back-up source for water. Good as gold. Bank your money here. Under all is the land.
Presented by Larry Killian at
Killian Real Estate.
Property MLS #224001556 from MetroList
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.