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1024 CR 5560
Shallowater, TX 79363

Irrigated Pecan Orchard In Lubbock County Tx · Land For Sale · 291.00 AC

Investment Highlights

  • Pristine Pecan Orchard

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Winery or Vineyard
Total Lot Size 291.00 AC

Description

This well cared for orchard includes 242 irrigated and productive acres of improved paper shell variety pecan trees including 190 acres of Western Schley, 40 acres of Wichita, and 10 acres of Pawnee. Located on a 298 acre tract, this property includes 1,000 feet of highway frontage on US 84 with great commercial visibility and access. The trees are being properly cared for, including fertilization, foliar applications of zinc and micronutrients, insect and disease control. The orchard floor is purposely kept bare of weeds and other vegetation to reduce competition with the trees for water. With approximately 8,500 trees, an expected yield of 600,000 pounds at 70 pounds per tree, and prices that range between $1.75 to $2.50 per pound. The earning for the year 2015 was over $1,200,000. There are also potential sales opportunities for shelled pecans through the Orchard Store located on US 84, online, and other retail outlets. A complete set of equipment, including a cleaning plant, is not included in the sale price, but is available for separate purchase. Everything needed from the tractor, sprayers, shaker, harvesters, sweeper, chipper, shredder, trailers and vehicles is available and a complete list can be provided upon request.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R322427
Land Assessment
$948,968
Improvements Assessment
$0
Total Assessment
$948,968
  • Listing ID: 13828187

  • Date on Market: 9/19/2018

  • Last Updated:

  • Address: 1024 CR 5560, Shallowater, TX 79363

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