The property is 126.62 acres located on the southeast corner of W Blewett Rd. and Welty Rd. It is south of the town of Vernalis in Stanislaus County. The property is in the West Stanislaus Irrigation District and planted to olives approximately 14 years old. The property is leased until December of 2031. The rent is 10% of the gross proceeds of the olive crop but not less than $255 per acre per year. According tothe lease, the lessor has the right to buy-out the tenant.
|--||New Value: $3,350,000|
|12/11/2020 5:45:00 PM||New Value: $3,350,000|