Bakersfield, CA 93307 - Kern County

LOCATION

Property is located .5 mile to the west of Rockpile Road and 1 miles to the north of Panama Road and 10 miles southeast of City of Bakersfield in County of Kern.

DESCRIPTION

This multi-crop producing opportunity consists of 77.04 +/- gross acres of open farmland in the desirable Arvin-Edison Water Storage District (AEWSD, District). For water, the property has a surface water contract through turnout C-53. The property consists of a majority Grade 2 soils, lending itself to predominately annual crop production due to its sandy properties and proximity to Caliente Creek.

LEGAL/ZONING

Kern County Assessor Parcel Number(s): 179-110-32; Section 30, Township 30, Range 30, Quarter; MDB&M.

IRRIGATION

The property is located in the Arvin-Edison Water Storage District with irrigable supply provided by the Federal Central Valley Project and Friant-Kern Canal to the benefit of both surface and groundwater users. The property is in the Surface Water Service Area and has a surface water contract from turnout C-53 located on the northeast corner of the property through the N55-P2 pipeline. The base rate for surface water supply is $159/AF plus $63/AF for the First Energy Lift and an additional $27/AF for lifts two to six ($249/AF for the subject property); there is a $100 water use charge to be credited to the landowner. The property is subject to an annual AEWSD assessment of $155.57 per gross acre to be collected through the Kern County Assessor tax roll.

SGMA

The Sustainable Groundwater Management Act passed in 2014, and requires groundwater basins to be sustainable by 2040 with Groundwater Sustainability Plans (GSP) in place by 2020. GSP(s) may limit the amount of well water pumped, and Buyers are encouraged to consult with a professional regarding the impacts of SGMA and possible limitations to the amount of groundwater that may be pumped.

SOIL

27.5% (209) Whitewolf loamy sand, 0 to 2% slopes Grade 2 Good Soils 59.5% (213) Calicreek loamy coarse sand, 0 to 2 % slopes Grade 2 Good Soils 13.0% (217) Whitewolf-Riverwash complex, 0 to 5 % slopes, frequently flooded Grade 4 Poor Soils

The property has been historically farmed to row crops. The soil types contribute to ease in harvest operations.