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7362 E Avenue J

Lancaster, CA 93535
  • $100,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: SR22218612
UPDATED: 11 min ago
$100,000
  • 0
    BEDS
  • 120.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 900
    SQFT
  • $111
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
County:

School Ratings & Info

Description

TURN KEY farmland for lease at $829.39 per acre per year for the first two years, increasing to $994.45 for years 3 through 5. The property consists of 120.67 acres of level, unobstructed, and organic farmland located on E. Avenue J from 70th St. E to 75th St. E. continuing back another 1/2 mile to E. Avenue J-8. in the City of Lancaster. It neighbors land being farmed by Campbell Fresh (aka Campbell Soup Company). The property has available for purchase up to 50 acre feet (AF) per year in water extraction rights from the AV Water Basin in perpetuity granted to the property through the recent Antelope Valley Groundwater Adjudication. Also available for purchase are AF carryovers amounting to 400 AF. This property includes a turn-key newly drilled 580' commercial water well, equipped with a powerful 150 HP FloWise Pump and Emerson Motor to be used and maintained by the Lessee. Five SCE electrical utility poles extend from Avenue J to exclusively power the well and equipment. The well is metered (7362 1/2 E. Avenue J). Includes APNs 3384-009-001 and 3334-009-006.

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Based on information from CRISNet MLS as of 2022-12-07T06:56:43.29. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-12-07T06:56:43.29. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.kaufman-propertiesla.com/homes/133804385
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7362 E Avenue J Lancaster, CA 93535

  • Price: $100,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 11 min ago
  • ID#: SR22218612
0
Beds
0
Baths
0
½ Baths
120.57
Acres
900
SQFT
$111
$/SQFT
Neighborhood:
Lac - Lancaster
County:
Los Angeles
Area:
Lac - Lancaster
Property Description
TURN KEY farmland for lease at $829.39 per acre per year for the first two years, increasing to $994.45 for years 3 through 5. The property consists of 120.67 acres of level, unobstructed, and organic farmland located on E. Avenue J from 70th St. E to 75th St. E. continuing back another 1/2 mile to E. Avenue J-8. in the City of Lancaster. It neighbors land being farmed by Campbell Fresh (aka Campbell Soup Company). The property has available for purchase up to 50 acre feet (AF) per year in water extraction rights from the AV Water Basin in perpetuity granted to the property through the recent Antelope Valley Groundwater Adjudication. Also available for purchase are AF carryovers amounting to 400 AF. This property includes a turn-key newly drilled 580' commercial water well, equipped with a powerful 150 HP FloWise Pump and Emerson Motor to be used and maintained by the Lessee. Five SCE electrical utility poles extend from Avenue J to exclusively power the well and equipment. The well is metered (7362 1/2 E. Avenue J). Includes APNs 3384-009-001 and 3334-009-006.
Exterior Features

Lot Features AgriculturalCorner LotLevelRanchUtilities - Overhead

Interior Features

Divisible SQFT 0

Property Features

Additional Parcels YN Yes Asset Class Farm/RanchLand/Unimproved Business Type AgricultureFarm Electric 220 VoltsElectricity - On Property Existing Lease Type Ground LeaseNnn Land Use Other Lot Size Area 120.5700 Property Sub Type Agriculture Tenant Pays All UtilitiesElectricityGrounds CareInsuranceTelephoneWater Utilities Electricity ConnectedWater AvailableWater Connected Water Source Agricultural WellPrivate Zoning Rr - 2.5

Listing provided courtesy of Ronald Halcrow, CA DRE# 00926296, of Coldwell Banker Hartwig: 661-948-8424.


Based on information from CRISNet MLS as of 2022-12-07T06:56:43.29. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-12-07T06:56:43.29. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Michael Kaufman Real Estate
5800 Hannum Avenue, Suite E
Culver City CA, 90230