Profits from Farming, 2003-2008: $20-45k/yr net.
184 water shares
Water shares sell for $5-20k each; Water shares can be bought & sold separate from the property! Gravity/canal watering NO PUMPING cost!
Tentative approval for 30 to 300 lots and/or golf course.
Subdivided into (6) R1-40; 40+acre parcels. In path of future residential trend of expansion from city.
Or develop into a ranch for horses that incorporates pet therapy for the families, the kids and the adults.
The back 100 acres of are excellent for raising beef, horses, bio-diesel camolina, or some other type of "desert crop".
Existing utilities & natural gas service are at two boundaries of property, 3/4 miles beyond the city limits.
Arterial road between town and countryside near the one border adjacent to existing strip of residential lots (not a part), therefore only 1-1/2 miles to hospital & doctor offices.
Believe higher value of land is with future residential or ranch development.
Property facilitated by electrical power grid, 5-10 miles further outside of town - farmland is beyond the power and utility grids.
Parcels 4, 5 and 6 were recently renovated, therefore the alfalfa crop is good for next 4-7 years.
Alfalfa needs periodic "renovation" every 7 years: dig out the old plants, they are perennial, and plant a new crop that will last for the next seven years. Renovation occured on a rotation basis - one parcel per year was renovated.
Taxes and water are less than $6,000 per year.
TERMS
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Variety of purchasers will be considered.
Create LLC if party wishes to be an Investor or Joint Venture. Nevada tax law has advantages for LLC.
Operator can be by farmer for hire.
If purchasing one parcel, then 40% minimum down, carry balance at 8% simple interest for 15 years. or or make an offer along that line.
JV offers will be considered for up to 49% of entire property.
Will consider agricultural loan at 3% to 5%.
All Six Parcels available or portions therein.
# Acres Notes
1 43.21 no crops
2 49.50 5-15 acres in production
3 45.80 30-35 acres in production
4 40.00 100% in production
5 42.56 100% in production
6 40.00 100% in production
WATER RIGHTS
Well(s)
1. Can drill wells have one on the property unit #5, however
not sweet water, high mineral content in it... better to use
city water or agricultural water from River.
2. Agricultural gravity flow from River;
1 water share = 3 acre feet max
(allocation is based on water stored in Dam)
This water is allocated only for agricultural use, no pumping
cost & paid for in property taxes ($5,750 in 2009).
3. City drinking water is too expensive to use for agricultural
watering, however we do have (2) City Water meters in &
extended to the back of the properties, in order to supply
water to cattle, sometimes emergency water to crops &
future homes, will need additional water meters.
HAY/ALFALFA PRODUCTION
Approximately 4-6 tons/acre ..... average 5 tons per acre;
Specialize in big 1 ton bales for the dairy cattle; Nevada is known for top quality Alfalfa; better than Calif.
We do not bail small bails, however we can do so for special orders to horse/small cattle farmers.
