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8505 Frazier Lake Rd

318.15 Acres of Agricultural Land Offered at $5,694,885 in Hollister, CA 95023

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Investment Highlights

Large block of farm ground
Williamson Act for low property tax benefits

Two strong irrigation wells

Executive Summary

Property is under Land Conservation Act (Williamson Act) for lower property tax benefits. Possible uses include cannabis or hemp cultivation - check with County to confirm. Soils appear to be "Willow clay".

Property Facts Under Contract

Price	$5,694,885	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Agricultural
Sale Conditions	1031 Exchange	Total Lot Size	318.15 AC
No. Lots	1

Price	$5,694,885
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Total Lot Size	318.15 AC

1 Lot Available

Lot

Price	$5,694,885	Lot Size	318.15 AC
Price Per AC	$17,900

Price	$5,694,885
Price Per AC	$17,900
Lot Size	318.15 AC

Over 318 acres of row crop lands located in Northen San Benito County. Two irrigation wells producing approximately 1650 gallons per minute and 2215 gallons per minute, respectively (when last tested). Third well cased but not developed.

Description

Historic crops planted have been parsley, onions, tomatoes, bell peppers, and carrots. Spring mix, broccoli, cabbage, lettuce, romaine lettuce, green leaf lettuce, red leaf lettuce, butter lettuce, safflower, wheat forage mix, sunflowers, and corn.

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