0 Spencer Street Vernalis, CA 95385

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$2,985,000

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108.72 Acres
Land
MLS# 20072808

Listing provided courtesy of: Donlon Realty

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Property Details

Description

The property is 108.2 acres located on the southwest corner of Spencer Street and McCracken Road 1.9 miles south of Vernalis in Stanislaus County. The property is in the West Stanislaus Irrigation District. The property is improved with an almond orchard approximately 13 years old. The land is currently leased until after the 2032 crop harvest. The rental amount is 10% of gross receipts with a minimum guarantee of $260 per acre per year. A buy-out provision applies.

General Features
- Association No
- Association Fee $0
- County Stanislaus
- Development Status Farm Land
- Property Subtype Agriculture
Building Features
- Number of Lots 0
- Minimum Bldg SqFt 0
- Water Source Irrigation District
- Sewer None
- Total Parking Spaces 0
- Other Equipment None
- Other Structures None
Property Features
- Distance To Electric Electricity To Site
- Irrigation District
- Lot Features Other
- Lot Size Acres 108.72
- Lot Size Square Feet 4735843
- Lot Size Source Assessor Agent-Fill
- Vegetation Orchard
- Road Responsibility Public Maintained Road
- Road Surface Type Paved
Schools
- Elementary School District Patterson Joint
- Middle or Junior School District Patterson Joint
- School District County Stanislaus
- Senior High School District Patterson Joint

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Neighborhood

95385 (Vernalis) Demographics

39 Median Age

16 Population Density (per sq. mile)

24% College Educated

$40,486 Estimated Median Income

99 Estimated Total Home Owners

86 Estimated Total Renters

54% / 46% Estimated Owner / Renter Divide

3 Estimated Average Household Size

396 Total Population

Community data courtesy of LiveBy, Inc.

Property History

Date	Event	Price	Percent Change
--	Current Price Source	New Value: $2,985,000
12/11/2020 5:45:00 PM	New in Database Source	New Value: $2,985,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 4/15/2021 7:02:38 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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