500+ Acres Dairy Farm, Tulare

Rare Opportunity to Own over 550 Acres of Prime Agricultural Land with Exceptional Investment Potential

This is a once-in-a-lifetime chance to acquire 550 acres of highly versatile agricultural property that offers more than just fertile land—it opens doors to a wealth of opportunities. Currently dedicated to productive irrigated cropland, this expansive estate not only supports traditional farming operations but also holds immense potential for agave farmingand solar panel installation—two industries that are booming in today’s market. The sheer size and diversity of this property make it a truly rare find, offering both immediate profitability and future-forward development.

Key Features:

550 Acres of Agricultural Versatility: With 550 acres of well-maintained irrigated farmland, the property is currently utilized for forage crop production, serving nearby dairy facilities. Additionally, a portion of the old cattle pens is leased for livestock feed operations, generating consistent rental income. This rare expanse of land offers unparalleled opportunities for a variety of agricultural uses, all backed by the property’s rich soil and robust infrastructure.

Water and Infrastructure: The property is equipped with reliable water supplies and well-established pump systems essential for maintaining productivity across its vast 550-acre stretch. These systems have been meticulously inspected and documented, ensuring that this rare agricultural opportunity is ready for active use from day one.

Proven Profitability with Growth Potential: Beyond its current operations, the property has demonstrated its ability to generate profit through crop production and feedlot rentals. With 550 acres at your disposal, the scale of potential income is vast, offering immediate returns as well as room for future expansion into other ventures.

Agave Farming Opportunity: As the demand for agave skyrockets—fueled by the global popularity of tequila and agave-based products—this 550-acre property is ideally suited for agave cultivation. Agave thrives in water-efficient environments, making it a perfect match for sustainable agriculture. The expansive size of this property means you can cultivate large volumes of agave, positioning yourself as a key player in this high-growth industry. This is a rare opportunity to invest in a crop with significant long-term profitability.

Solar Panel Installation: The size and open layout of the property make it ideal for large-scale solar panel installations. With 550 acres of unobstructed sunlight exposure, the property is perfectly suited for solar energy production, one of today’s fastest-growing industries. By harnessing the sun’s power, this property could generate substantial passive income through solar energy sales, contributing to both your financial portfolio and the broader move toward renewable energy. Few properties of this size and quality can offer such a profitable entry into the green energy market.

Strategic Location and Accessibility: The property's boundaries have been clearly defined, with access easements ensuring easy entry for farming equipment and future developments. The vast 550-acre size makes it an agricultural powerhouse, and its strategic location near key agricultural hubs enhances its operational convenience.

Legal Considerations:

Clear Legal Framework: Although no current title report was provided, the legal descriptions for the entire 550 acres have been obtained from public records and county maps. All relevant easements and encumbrances were confirmed, providing transparency for potential buyers.

Exclusions: The sale focuses on the land and its permanent fixtures, excluding any movable equipment or subsurface rights. With 550 acres dedicated solely to agricultural and renewable energy opportunities, the transaction offers a streamlined and focused investment.

Market Research and Valuation:

Extensive market research was conducted to assess the value of the property based on sales of comparable agricultural properties. With a detailed analysis of recent sales, rental income, and potential revenue from agave farming and solar panel installations, the valuation incorporates the most accurate and up-to-date market data. The size of the property—550 acres—adds significant weight to its value, making this a rare opportunity in today’s competitive real estate market.

This 550-acre property represents a truly rare opportunity to invest in both proven agricultural income and emerging high-growth industries. From its existing revenue streams in crop production and livestock rentals to its potential for agave farming and solar energy development, this expansive property is positioned for both immediate profitability and future success. The combination of rare scale, versatility, and investment potential makes this an opportunity that’s hard to come by.

Don’t miss your chance to own 550 acres of prime, multi-use land that offers endless opportunities and solidifies your investment in both agriculture and renewable energy.

Property highlights.

Property Highlights – 550 Acres of Prime Agricultural and Investment Land

Rare Opportunity: 550 acres of versatile agricultural land offering significant investment potential.

Current Use: Irrigated cropland utilized for forage production, with rental income from livestock feed yard operations.

Agave Farming Potential: Ideal conditions for water-efficient agave cultivation, capitalizing on the booming demand in the tequila and agave-based product markets.

Solar Energy Opportunity: Excellent location and layout for solar panel installation, offering potential for long-term passive income from renewable energy.

Proven Profitability: Established income streams from field crop production and feedlot rentals, with room for further expansion.

Robust Water Infrastructure: Reliable water supplies and pumping systems already in place, supporting sustained agricultural productivity.

Strategic Location: Convenient access to agricultural hubs with established boundaries and access easements.

Future Growth: Positioned for both traditional agriculture and future-forward ventures like solar energy and sustainable crops.

Clear Legal Framework: Verified legal descriptions, easements, and encumbrances for transparent ownership.

Tax Benefits.

California offers several tax incentives and programs for agricultural and renewable energy properties that could apply to your 550-acre property. Here are some relevant tax breaks and programs:

1. Williamson Act (California Land Conservation Act of 1965)

What It Is: The Williamson Act allows property owners to receive a reduction in property taxes by voluntarily entering into a contract with the county or city to keep the land in agricultural or open space use for a minimum of 10 years.

How It Helps: If your property qualifies, you can receive significant property tax reductions based on the agricultural use rather than its market value, helping preserve farmland while lowering tax liabilities.

2. Solar Energy Tax Credits and Incentives

Federal Investment Tax Credit (ITC): California follows federal solar incentives, meaning you could benefit from the ITC, which offers a tax credit of up to 30% of the cost of installing solar panels on your property. Although not a state-specific program, it is highly beneficial for property owners looking to develop solar energy projects.

California Solar Initiative (CSI): The CSI program offers incentives for solar installations, particularly for agricultural businesses looking to reduce energy costs through solar power. This program aims to help California meet its renewable energy goals by providing rebates and incentives for installing solar panels.

3. California Property Tax Exclusion for Solar Energy Systems

What It Is: Under California law, solar energy systems installed between January 1, 1999, and December 31, 2024, are excluded from property tax assessments. This means that adding solar panels to your property will not increase your property tax assessment, allowing you to benefit from solar energy without raising your tax burden.

How It Helps: If you install solar panels on the property, the value added by the solar equipment is exempt from additional property taxes, making it a cost-effective renewable energy option.

4. Agave Farming as Sustainable Agriculture

Sustainable Agricultural Lands Conservation (SALC) Program: While this program primarily focuses on projects that reduce greenhouse gases, agave farming could potentially qualify under broader sustainability goals. If the agave operation contributes to reducing environmental impact (e.g., through water conservation or soil health), there may be grants or support available.

Property Tax Assessments for Agriculture: Agricultural land used for crop production may also qualify for reduced property tax rates based on its use value rather than market value. This could apply to agave farming or other sustainable crops you cultivate on the land.

5. Grants and Incentives for Water-Efficient Agriculture

State Water Efficiency and Enhancement Program (SWEEP): This program offers grants to help farmers improve water-use efficiency and reduce greenhouse gas emissions. If your property is used for water-efficient crops like agave, you may be eligible for grants to upgrade irrigation systems or improve water management, potentially increasing your profitability and sustainability.

How These Can Apply to Your Property

Given that your property is in California, you could benefit from:

Lower property taxes through the Williamson Act if the land is preserved for agricultural use.

Tax credits and exclusions if you decide to develop solar energy on part of the 550 acres.

Grants and sustainability incentives if you opt for water-efficient farming practices like agave.

Combining these programs could significantly reduce costs and enhance the financial appeal of the property for potential investors.

OFFERING MEMORANDUM

Exclusive Agricultural Property Investment Opportunity

550 Acres of Prime California Agricultural Land with Renewable Energy and Agave Farming Potential

Offering Price: $10,000,000
Location: 21346 Rd 140 Tulare , California
Total Acreage: 550 Acres
Zoning: Agricultural
Property Type: Agricultural Land with Renewable Energy and Specialty Crop Potential

EXECUTIVE SUMMARY

We are pleased to present a rare opportunity to acquire 550 acres of prime agricultural land in California, listed at $10 million. This property offers exceptional value with established income streams from traditional farming and livestock operations, as well as immense potential for future growth through sustainable agave farming and solar energy production.

Situated in a strategic agricultural hub, this expansive property is a versatile investment that combines immediate profitability with future-forward development opportunities in renewable energy and specialty crops.

INVESTMENT HIGHLIGHTS

Prime Agricultural Land: 550 acres of irrigated cropland currently used for forage production with rental income from livestock feed yard operations.

Agave Farming Potential: Ideal conditions for water-efficient agave cultivation, perfectly positioned to capitalize on the booming global demand for tequila and agave-based products.

Solar Energy Development: The property’s size, terrain, and sunlight exposure make it ideal for large-scale solar panel installations, offering significant passive income potential in the renewable energy market.

Established Water Infrastructure: Reliable irrigation systems and pumping plants are already in place, ensuring sustained agricultural productivity across the entire property.

Strategic Location: Convenient access to agricultural infrastructure and major markets, enhancing operational efficiency for both farming and renewable energy ventures.

Current Revenue Stream: Immediate cash flow from field crop production and livestock feedlot rentals, with proven profitability and further growth potential.

Long-Term Appreciation: With its rare size and versatile use options, this property is positioned for significant appreciation in value, particularly as demand for sustainable farming and renewable energy projects grows.

PROPERTY DESCRIPTION

This 550-acre agricultural property presents a unique investment opportunity with diverse revenue streams. The land is currently used for irrigated forage crop production, supporting nearby dairy facilities, and includes rental income from a portion of the old cattle pens, which are leased for livestock feed yard purposes.

Water and Infrastructure:
The property is equipped with a robust water supply system, including well-established pumping plants and irrigation infrastructure. These systems are well-maintained and capable of supporting both current agricultural operations and future expansion into water-efficient crops like agave.

Agave Farming:
With the growing demand for agave-based products, this property is well-suited for the cultivation of agave, a drought-resistant crop that thrives in California’s climate. Agave farming offers a low-water, high-profit alternative that aligns with modern sustainability trends, making this a lucrative opportunity for forward-thinking investors.

Solar Energy Potential:
The property’s layout and location make it an excellent candidate for solar energy production. California continues to lead in renewable energy initiatives, and this property is well-positioned to benefit from state and federal incentives for solar farms. Solar panel installations would generate significant long-term revenue while supporting California’s clean energy goals.

MARKET OVERVIEW

Agriculture in California:
As one of the most productive agricultural regions in the world, California offers an established infrastructure for large-scale farming operations. The state’s growing emphasis on sustainable farming practices, combined with increasing demand for specialty crops such as agave, makes this property a valuable asset in today’s agricultural market.

Renewable Energy in California:
California is at the forefront of the renewable energy revolution, with significant incentives for solar energy development. The demand for solar energy is expected to rise as the state pushes toward its goal of 100% clean energy by 2045. Investors who capitalize on the solar potential of this property can benefit from both financial returns and environmental impact.

FINANCIAL SUMMARY

Listing Price: $10,000,000
Price per Acre: $18,182

Potential Revenue Streams:

Current Agricultural Operations: Ongoing revenue from irrigated crop production and feedlot rentals.

Agave Farming: High-profit potential from agave cultivation for the tequila and agave-based product markets.

Solar Energy: Significant passive income from solar panel installations, with potential tax credits and state incentives.

INVESTOR BENEFITS

Immediate Cash Flow: Generate income from day one through established crop production and livestock rental agreements.

Diverse Investment: Invest in both traditional agriculture and high-growth sectors like renewable energy and specialty crops.

Tax Benefits: Potential eligibility for the Williamson Act (offering reduced property taxes for agricultural land) and the California Solar Initiative, which provides tax credits and incentives for solar panel installations.

Environmental Impact: Capitalize on California’s push toward sustainability with agave farming and solar energy, both environmentally friendly ventures that align with state goals for water conservation and renewable energy production.

OFFERING TERMS

Offering Price: $10,000,000

Due Diligence: Available upon request, including land surveys, water rights documentation, and financial records.

Financing Options: Buyers are encouraged to explore various financing options, including agricultural loans and renewable energy funding.

CONTACT INFORMATION

For more details or to schedule a private viewing of the property, please contact:

Catherine Bassick, Next Home Real Estate
Phone: 617.800.7764
Email: Catherine@bassickadvisors.com
Website: bassickadvisors.com

DISCLAIMER

The information provided herein has been obtained from sources believed to be reliable. However, the broker and seller make no guarantees, warranties, or representations as to the completeness or accuracy thereof. The prospective buyer should verify all information and conduct their own due diligence before making a purchase decision.

This offering memorandum provides a professional, investor-focused overview of the 550-acre property, emphasizing its potential for agriculture, renewable energy, and sustainability. It highlights both the current and future income opportunities, positioning the property as a rare and valuable asset in California’s market.

Second one.

Charming Agricultural Property with Investment Potential and Versatile Opportunities

Welcome to an exceptional agricultural property offering a unique combination of farming potential, investment income, and exciting development possibilities. Currently utilized for irrigated forage crop production, this expansive land is ideal for those in agriculture or livestock. With proximity to nearby dairy facilities and a portion of the old cattle pens leased for livestock feed yard purposes, the property already generates steady rental income. Additionally, its location and characteristics make it perfect for innovative ventures like agave farming or solar panel installation, both highly valuable in today’s market.

Key Features:

Land Use: The property supports irrigated cropland currently used for forage production, while a portion is rented out for livestock feed operations, generating consistent income. Its size and soil conditions make it highly adaptable for alternative farming.

Water and Infrastructure: The property includes well-established water supplies and pump systems crucial for maintaining agricultural productivity. These systems were carefully inspected and itemized during the property review.

Potential for Profit: The property has demonstrated its ability to generate income through field crop production and feedlot rentals, offering potential buyers a sound investment opportunity.

Agave Farming Opportunity: Given the current surge in demand for agave, particularly for the booming tequila industry, this property is ideally suited for agave farming. The low water requirements of agave plants make this a sustainable and highly profitable option, especially in areas where water resources are carefully managed. In today’s market, the potential for growth in agave farming offers significant returns.

Solar Panel Installation: The property’s open, flat terrain and exposure to sunlight make it an ideal site for solar panel installation. Solar energy is increasingly valued as a sustainable alternative power source, and the property’s size allows for large-scale solar farms, which can generate considerable revenue by selling energy back to the grid. With the growing focus on renewable energy, solar panel installations provide long-term financial and environmental benefits.

Boundaries and Accessibility: Property boundaries have been thoroughly established, and access easements ensure convenient entry for farming operations and potential future developments.

Legal Considerations:

Title and Easements: While no current title report is available, legal descriptions were obtained from public records and county parcel maps. Access easements and other encumbrances were identified, ensuring transparency for buyers.

Exclusions: The sale pertains solely to the land and its fixtures, excluding business assets, subsurface rights, or mineral rights. Agricultural equipment not classified as permanent fixtures is also excluded from this valuation.

Market Insights and Appraisal:

Extensive research was conducted in the local market to ensure accurate and fair valuation of this property. Comparable sales of agricultural land and potential solar sites were analyzed, offering buyers clear insights into the property’s current market value. The appraisal considered sales comparison, cost analysis, and income projections, determining the property’s "As Is" market value.

With endless possibilities ranging from traditional farming to innovative ventures like agave farming and solar energy production, this property represents a highly attractive investment in today’s dynamic agricultural and renewable energy markets.

Don’t miss your chance to own this versatile and profitable property!