Cottonwood Road, Oroville, CA

$2,950,000

Previous Next

4,356,000

Square feet

100.00

Acres

Overview
Facts & Features
Map & Directions
Request Showing

About Cottonwood Road

This gorgeous 100 acre parcel consists of 80+/- acres of Super High Density Planting (HDP) Olive vineyard centrally located on Cottonwood Road between Hwy 99 & Hwy 70 in the middle of Butte County. The planting is on 13-foot by 5-foot spacing resulting in 670 trees per acre with the support of a trellis system. Owners strategically planned and developed this unique showpiece to make it one of a kind. WATER: Tremendous water with a 50HP Pump producing 2,500 gallons/minute provides irrigation through emitters on drip-line. Laser leveled and terraced for draining. PROFITABLE: Has a great Supplier Contract. BONUS: Being within 1 mile of the large PG&E substation creates another big benefit. Currently there is one Solar Option Contract with a National Energy provider that once exercised will pay $3,750/acre per year for 50 acres ($187,500/year) with a 2% annual escalator for a minimum of 22 years with options to extend up to 34 years nine months. -Cont.

Features of Cottonwood Road

MLS® #	223091316
Price	$2,950,000
Square Footage	4,356,000
Acres	100.00
Type	Land
Sub-Type	Agriculture
Status	Active

Community Information

Address	Cottonwood Road
Area	12568
City	Oroville
County	Butte
State	CA
Zip Code	95965

Amenities

Utilities	See Remarks

Exterior

Lot Description	Building Pad,Pond Year Round

School Information

Attendance Zone	POPLAR AVENUE ELEMENTARY SCHOOL, OROVILLE HIGH SCHOOL, NELSON AVENUE MIDDLE SCHOOL
District	Oroville Union
Elementary	Thermalito Union
Middle	Thermalito Union
High	Oroville Union

Additional Information

Zoning	Agricultural,Orchard,Agricultural/Residential,Research & Development,Farm/Ranch,Horses Allowed,Rezone Possible,Split Possible,Kennels Possible,Livestock,Tree Farm,Mixed,Vineyard,Nursery
Foreclosure	No
Short Sale	No
RE / Bank Owned	No