Ryer Island Farm 6,439.30± Acres Solano County, California $100,947,000 ($15,677/Acre)

Exclusively Presented by: • Pre-1914 Riparian Water Rights • Minimal Impacts From SGMA Pearson Realty • Quality Soils • Permanent Crop Potential • Extensive Tile Drain System

Offices Serving The Central Valley FRESNO VISALIA BAKERSFIELD 7480 N. Palm Ave, Ste 101 3447 S. Demaree Street 1801 Oak Street, Ste 159 Fresno, CA 93711 Visalia, CA 93277 Bakersfield , CA 93301 559.432.6200 559.732.7300 661.334.2777 www.pearsonrealty.com DRE #00020875

Property Location

Roseville

Sacramento

Elk Grove

Napa

Fairfield

Vallejo

Antioch Concord Stockton

Berkeley

San Francisco Hayward Bay Modesto

San Mateo Fremont

Summary

PROPERTY DESCRIPTION Water/Irrigation A rare opportunity to acquire a large, investment grade The entire property is located within North Delta farm located in California’s water rich Delta region. The Water Agency and has historically received up to 6 acre 6,439.30± acre property has enjoyed an abundance feet of water per acre with the following water fees and of inexpensive water sustained by Pre 1914 Water assessments: Rights. Approximately 880 acres of the Ryer Island farm are improved with an extensive tile drain system to Reclamation District 501- An assessment of $41.00 allow for expanded development of permanent crops. per acre in 2019, which is assessed through the The owner has almond trees ordered to plant the tiled property taxes. portion of the property, which may be available for a

buyer. The farm investment also offers fertile soils, The Freshwater Trust - A fee of $502.00per diversion economies of scale, income, depreciation and minimal (siphon) of which there are 12 on the property. impacts from SGMA. Dixon/Solano RCD Water Quality Coalition - An Location assessment of $3.75 per acre to monitor all nitrogen The subject property is in Solano County, 26± miles management plans and verify all reporting is completed southwest of Sacramento and is on the east side of properly. the Sacramento River. Highway 84 is the main access route to the location from the north, the property can North Delta Water Agency - An assessment of $3.83 be accessed from Highway 220 from the east via ferry, per acre involved, for assurances and obligations for and access is available via ferry from the southwest end adequate water supply and quality are specifically of the property from Highway 84. The town of Walnut assigned to the property covered. Grove is also in close proximity, just 8 miles east of the Note: The above water costs are subject to change. Ryer Island Farm.

Acreage Land use 6,439.30± Surveyed Acres The property is currently planted to 120.3± acres of (6,118± Net Plantable Acres) pears, 11.2± acres of cherries, with the balance of the acreage farmed to irrigated field crops. Legal Description Solano County APNs Structures/Improvements The property includes 24 residences, 11 storage barns, 0042-220-020 0042-250-040 0177-050-010 2 offices, 2 shops and 1 bee house. There are several 0042-220-190 0042-250-050 0177-050-020 domestic wells used to service the buildings. The 0042-220-210 0042-360-010 0177-050-030 property also includes an extensive tile drain system on the northern 880± acres installed by the owner for the 0042-230-040 0042-360-020 0177-050-040 purpose of developing permanent crops. A Phase II tile 0042-230-110 0042-370-010 0177-050-050 drain design for an additional 1,272± acres is available 0042-230-190 0042-400-010 0177-060-010 for a buyer’s review during due diligence. 0042-240-110 0042-400-020 0177-060-020 Leases/Tenants 0042-240-120 0042-410-010 0177-060-080 There are 3,961.61± acres leased to multiple tenants 0042-240-140 0177-040-020 0177-060-090 with a total 2020 revenue of $764,774 annually. 0042-240-190 0177-040-040 Price/Terms Williamson Act $100,947,000 ($15,676.70 per acre) cash at the According to the county, the properties are in the close of escrow. A sale is subject to the existing lease Williamson Act Contract. agreements on the property. 3

All information contained herein is deemed reliable but not guaranteed by seller nor broker and should be independently verified by potential buyers. We assume no liability for errors or omissions. All information contained herein is deemed reliable but not guaranteed by seller nor broker and should be independently verified by potential buyers. We assume no liability for errors or omissions. 6,439.30± Acres Ryer Island Farm Solano County, CA

Parcel Map

Parcel Assessed 2019-2020 Number Acres± Property Taxes Liberty Prospect 0177-060-090 309.14 $28,242.82 Island Island 0042-220-020 0042-240-110 328.08 $23,832.92 0042-230-190 510.72 $35,416.66 0042-360-010 0042-220-190 0042-250-040 216.54 $14,237.46

0042-360-020 0177-060-080 266.9 $19,601.06

o River 0042-370-010 0042-220-210 0177-060-010 252.16 $16,106.48 0177-050-010 115.01 $11,068.68

ough 0177-040-040 336.3 $26,817.54 Sl 0042-230-110 0042-240-190 227.67 $16,837.36 0042-230-040 0042-240-120 267.73 $22,836.34 Sacrament 0042-220-210 329.5 $23,891.18

Miner 0042-400-010 0042-230-190 0042-220-190 329.18 $23,524.02 0042-220-020 416.83 $29,731.92 0042-400-020 0042-230-040 414.14 $27,266.56 0042-240-190 0042-410-010 0042-230-110 220.73 $14,425.72 0042-240-140 38.62 $1,873.22

0042-240-120 0042-250-050 187.26 $12,224.24 0042-240-140 0042-360-010 0.35 $42.72 0042-360-020 1.23 $80.56 0042-240-110 0042-250-040 0042-250-050 0042-370-010 1.93 $119.92 0042-400-010 4.32 $268.86 not a part 0177-050-040 0042-400-020 0.83 $58.42 0177-050-050 0042-410-010 2.84 $179.78 0177-040-020 0177-040-020 266.04 $20,190.40 0177-050-030 0177-060-020 396.46 $26,191.76 C 0177-040-040 0177-050-020 200.27 $13,242.80 a c h 0177-050-020 0177-050-030 280.23 $18,499.92 e S 0177-050-010 0177-050-040 242.51 $15,912.08 l 0177-060-020 o 0177-050-050 256.05 $16,972.62 u 0177-060-010 g TOTALS: 6,419.57 $459,694.02* h

0177-060-080 0177-060-090 t Slo h oa ug * Includes Reclamation 501 water assessment of b $236,638.20, which is $41.00 per acre. am te S NOTE: Buyer to independently verify property acreage.

2020 Crop Map

Sutter Island

o River Prospect Liberty Island Island

Sacrament

ough Sl

Grand Miner Island

Phase I Almond Planting (Fall 2020) Phase II Almond Planting (Fall 2021) Corn Pears C a Safflower c h e Sorghum S l Tomatoes o u Triticale g h Wheat Cherries lo at S ugh Seed bo am Alfalfa te S Fallow

Phase I ALmond Planting

California almonds have historically been a strong long-term With the advanced tile drain system and ample water, the owners investment given a large variety of consumer demand as a premier have scheduled planting almonds on 877± acres of the Ryer Island health snack, thoughtful gift, cooking ingredient, dairy milk Farm in the fall of 2020. The varieties, rootstock and planting substitute, and butter spread with more advancements being configuration are illustrated in the map below. A successful buyer introduced each year. California supplies 82±% of the world’s will have the option to assume the tree purchase contract. The almond consumption with over 100 handlers/processors in the design plans for the Phase II tile drain system on an additional state shipping product to more than 100 countries globally, and 1,272± acres is available for a buyer’s review in due diligence. the Almond Board of California is spending millions each year on expanding into new countries and markets.

SG1 - 78± Acres Pears Rootpac R - 354± Acres Viking - 445± Acres SG1 50% NP 78± Acres 25% Aldrich 25% Butte

48± Acres

101± Acres 36± Acres 78± Acres

Viking 50% NP Rootpac R 25% Aldrich 100% Shasta 25% Butte 48± Acres 95± Acres

19± Acres

79± Acres 21± Acres 43± Acres

58± Acres 13± Acres 40± Acres 54± Acres 23± Acres

43± Acres

Delta Region Islands Map

Elk Grove

Stockton

Property Photos

State Map

Offices Serving Water Disclosure: The Sustainable The Central Valley Groundwater Management Act (SGMA) was passed in 2014, requiring groundwater I-5 FRESNO basins to be sustainable by 2040. SGMA 7480 N. Palm Ave. requires a Groundwater Sustainability Plan Suite 101 Fresno, CA 93711 (GSP) by 2020. SGMA may limit the amount 559.432.6200 of well water that may be pumped from underground aquifers. Buyers and tenants VISALIA to a real estate transaction should consult 3447 S. Demaree St. Visalia, CA 93277 with their own water attorney; hydrologist; 559.732.7300 geologist; civil engineer; or other 99 environmental professional. Additional BAKERSFIELD information is available at: 1801 Oak St. Suite 159 California Department of Water Resources 80 Bakersfield, CA 93301 Sustainable Groundwater Management Act 661.334.2777 Portal - https://sgma.water.ca.gov/portal/ Telephone Number: (916) 653-5791 Sacramento Policy on cooperation: All real estate licensees are invited to offer this property to prospective buyers. Do not offer to Stockton other agents without prior approval. Oakland San Francisco Modesto

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All information contained herein is deemed reliable but not guaranteed by seller nor broker and should be independently verified by potential buyers. We assume no liability for errors or omissions.