Greg Malik Real Estate
6780 Estrella Road
Paso Robles, CA 93446

Description

Johnny Appleseed would certainly approve of this outstanding agricultural investment opportunity! Fair Hills Farm is ideally located amongst beautiful vineyards and rolling hills of the Paso Robles wine country. In fact, this 81+ AC offering is only a few miles to the Paso Robles Airport & Hwy 46E, and is less than 10 miles to downtown. Nearby wineries, golf courses and estate ranches provide an idyllic location to ultimately build a dream estate home amid the mature shade trees and near your own private reservoir/pond. But that is just the icing on the cake. What makes Fair Hills Farm so opportune is the impressive income generated from this large scale orchard operation (with over 23,000 trees planted, this is a true business venture of grand proportion)! Based on accounting from a 2017 Certified Producers Certificate, FHF is estimated to have 20,000 apple trees alone, plus a hearty variety of stone fruit trees (incl. apricot, nectarine, peach, pear, plum, cherry, etc), and is believed to be one of the largest growers on the Central Coast. And this equates to a highly profitable business, with gross income ranging from 600K- 800K/YR. Depending upon an owners involvement, this kind of gross revenue can result in a NET income between 300-500K/YR! Sale includes all equipment for continued operation (cold storage, tractors, etc), existing distribution accounts + a high volume AG well. Want a vineyard? Ask about the nearly 3/1 offset allowed. (NOTE: San Miguel mailing address)

Details

MLS#NS18210267
Sub-TypeResale
StatusActive
Days On Site49

Features

ZoningAG
Property ViewYes

Market Activity 93446

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Area Information

StateCA
CountySan Luis Obispo
CityPaso Robles
Zip Code93446
AreaPR North 46-East 101
Listing VS Median (in 93446)
Price:
$3,250,000
low | high
Med:
$466,500
100% of Average
On Site:
49
low | high
Med:
63
77.777777777778% of Average
Listing Updated: 10/16/2018
MLS Number: NS18210267
Listing Provided By:
Scott Ehrke  of  RE MAX Parkside Real Estate
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