Lone Willow Slough Orchards

EXECUTIVE SUMMARY

• 430.93 +/- gross assessed acres located in Madera County, comprised of 404.49 +/- net planted acres of pistachio and almond orchards, and 26.44 +/- acres of supporting and ancillary land which includes well sites, filter stations, a Headquarters/Yard, portion of the Lone Willow Slough, and dirt roads/avenues. 

• 209.32 +/- net planted acres of 12^th leaf pistachio orchards (52% of net planted acreage), Kerman variety on UCB-1 rootstock, 19’ x 17’ spacing. Pistachio yields have ranged from 1,845 to 2,038 pounds per acre over the last 3 years (2020 to 2022). 

• 195.17 +/- net planted acres of 12^th leaf almond orchards (48% of net planted acreage), Nonpareil/Price/Sonora variety mix on Hansen rootstock, 22’ x 18’ spacing. Almond yields have ranged from 1,054 to 2,274 pounds per acre over the last 3 years (2020 to 2022). 

• Irrigation water is supplied to the vineyard blocks via 4 operating agricultural wells, pumping at a combined rate of approximately 3,858 +/- gallons per minute (“GPM”) per 2021 pump tests, which is distributed throughout the Property via PVC underground main and lateral pipelines to double-drip lines with emitters for the pistachios and microsprinklers for the almonds.

• According to Seller, the Property was recently annexed into the Triangle T Water District (“TTWD”).  

• The Property is currently located in the Sustainable Groundwater Management Act (“SGMA”) Bulletin 118 Basin “5-022.06”, San Joaquin Valley Basin, Madera Subbasin. Seller has requested a SGMA Subbasin boundary modification to move the Property into SGMA Bulletin 118 Basin “5-022.05”, San Joaquin Valley Basin, Chowchilla Subbasin, which is where the TTWD boundaries currently reside. This information is subject to change at any time and must be verified by Buyers.

• Property contains a 15-horsepower non-operating lift pump located in the Lone Willow Slough. Seller has never utilized the pump or extracted water since taking ownership of the Property in 2011.

• Property is enrolled in the Williamson Act.

• Purchase Price: $10,000,000 plus cultural expense reimbursement for the 2023 crop, all cash at the close of escrow ($23,206 per gross acre).

For more information contact:

www.mendrins.com  |  f. (559) 436.0151

5250 N. Palm Avenue, Suite 212, Fresno, California 93704
Fig Garden Financial Center

ALEX D. MENDRIN, INC. Lic.# 01978317 Lic.#01084243 • Lic.# 01894670

Al D. Mendrin

Broker

(559) 288-0671
[email protected]