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- LoopNet Team
15491 Grand Island Rd
Walnut Grove, CA 95690
Pinot Grigio LEASE SALE · Land For Sale · 180.60 AC
Investment Highlights
- 180+/- Acres LEASE SALE
- 15,000+/- replants
- Pinot Grigio
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 180.60 AC |
| Property Subtype | Agricultural |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 180.60 AC |
Description
Where can you step into a fully producing Pinot Grigio vineyard for less than it costs to develop it? This 180+/- acre lease will take you straight to harvest… for the next 15 years (2037 will be the last harvest under the lease). The 2023 production was 1,080+/- tons! Grapes are currently contracted at $600 per ton – that is over $640,000+/- in gross revenue last year. Major improvements made to the 8+/- year old vineyard in the last 2 years including 15,000+/- replants. Property currently serviced by inexpensive riparian water and enjoys North Delta Water Agency rights. Soils consist of Sailboat silt and Scribner clay loams. Ask your accountant if you can depreciate a vineyard lease purchase – I think you will be pleasantly surprised.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,352,798 | |
| Land Assessment | $708,793 | Total Assessment | $3,061,591 |
PROPERTY TAXES
zoning
| Zoning Code | AG-80 |
| AG-80 |
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