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Buy landat 29939 E Highway 4, Farmington, CA 95230

$4,950,000

$0/mo

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Land

0 Sq. Ft. lot

Days on market

224001556 MLS ID

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About 29939 E Highway 4 land

HUGE PRICE REDUCTION! NEW PRICE IS ONLY $4,950,000. If you subtract the cell tower income value from the asking price, the per acre price for the land including the house is just $12,780.00. 313 acres total, 306 acres in one block, plus 7 acres with cell tower. New tower lease is in effect. Tower income is over $45,000/year with 3%/ annual increases. Property is in the San Joaquin Central Water District with irrigation canal on the corner of the property. Water comes from New Melones Reservoir, and the San Joaquin Central District is now merging with the Stockton East District. This is a good thing. Suitable for trees or vines. Has always been dry grazing cattle operation. Highway frontage gives easy access for farm equipment. Hard to find a large block like this in a good location with district water. PRICED RIGHT! Good home for a farm manager also. Good Ag ground with district water for this per acre price is unheard of even in todays market. You can still put in an Ag well in San Joaquin County, no problem, so you will have a back-up source for water. Good as gold. Bank your money here. Under all is the land.
HUGE PRICE REDUCTION! NEW PRICE IS ONLY $4,950,000. If you subtract the cell tower income value from the asking price, the per acre price for the land including the house is just $12,780.00. 313 acres total, 306 acres in one block, plus 7 acres with cell tower. New tower lease is in effect. Tower income is over $45,000/year with 3%/ annual increases. Property is in the San Joaquin Central Water District with irrigation canal on the corner of the property. Water comes from New Melones Reservoir, and the San Joaquin Central District is now merging with the Stockton East District. This is a good thing. Suitable for trees or vines. Has always been dry grazing cattle operation. Highway frontage gives easy access for farm equipment. Hard to find a large block like this in a good location with district water. PRICED RIGHT! Good home for a farm manager also. Good Ag ground with district water for this per acre price is unheard of even in todays market. You can still put in an Ag well in San Joaquin County, no problem, so you will have a back-up source for water. Good as gold. Bank your money here. Under all is the land.

Property details

Lot features

Corner Lot

Sewer

Septic Tank

Waterfront features

Stream

Monthly cost

Estimated monthly cost

$31,543/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$4,653,000

+$148,500

$4,801,500

Seller agent commission$148,500 (3%)*

$0 (0%)

Buyer agent commission$148,500 (3%)*

$148,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: Sep 7, 2024 at 11:29 p.m.

Data updated: May 30, 2024 at 2:24 p.m.

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