Description:

The subject property is an exceptionally nice piece of produce quality farm ground. The ranch has been meticulously farmed and cared for while in produce production recently. It has been organically certified. The ranch is laser leveled, has a cement ditch that is in above average condition, and has adequate tile for the ranch location given that it is located close to the Alamo River, that creates natural drainage. There is a tenant on the subject property, with three years left on his lease. The lease pays $550/gross acre/year. Tenant states that he will vacate the property if the new buyer wants to be an owner/operator of the subject property. If the new buyer is looking for a nice investment return, the ROI with the current rent at the asking price equates out to 3.22%, which is excellent for farm ground. The quality of this upper end, Certified Organic produce ranch make this acquisition extremely attractive, and a "no brainer" for the astute buyer/investor. Zone: A2 APN#045500019 & 020 DIRECTIONS: From the intersection of Evan Hewes Hwy and 115, go north on Hwy 115 for 2 miles. At Kamm Rd., go west 1.0 miles. The subject property will be on the north side of Kamm Rd., approximately 1/4 mile east of the intersection of Kamm Rd. and Gowling Rd. **For more information about this property, please contact Doug Dahm at 760-427-6741.**