California | Tulelake | 305 Income Properties

This 305 acre property is located in Modoc County about 3 minutes from the town of Newell, CA and approximately 30 miles from Klamath Falls, OR. This is a working commercial ranch that grows alfalfa and orchard grass hay. It has district water, 2 irrigation wells, pivot, linear, wheel lines, 2 homes, 2 barns, shop, and outbuildings.

Property Highlights:
This is a working commercial ranch that grows alfalfa and orchard grass hay. It has 2 irrigation wells, pivot, linear, wheel lines, 2 homes, 2 barns, shop, and outbuildings.
The property consists of 9 parcels for a total of 305.02 acres. The property is zoned unclassified agricultural use and is not in the Williamson act.
Water is gold and this ranch has lots of it. The farm is part of the Tule Lake Irrigation District with adjudicated 1905 water rights and they have Class A contracts. In addition, the farm also has 2 agricultural wells; 1st is 1500 gpm, 2nd 600 gpm. The ranch is currently irrigating 260 acres. The district water costs $64.00 an acre and the booster pumps run about $48-$50 an acre. They usually pump May-September 15. The power company is Pacific Corp.
The ranch is irrigated with wheelines on 110 acres and has a Valley pivot on 84 acres and a Valley linear on 66 acres for a total of 260 acres. The alfalfa is 3 years old and they are averaging 6 tons per acre. In 2013, the alfalfa got $220 a ton. The 1st cutting in 2014, the farm got $275 a ton for alfalfa. Second cutting produces aprox 3 ton per acre. The farm has 45 acres in alfalfa and 45 acres of alfalfa orchard grass mix. The orchard grass sold for $260 a ton.