FEATHER RIVER ORCHARD Gridley, California Naumes Properties LLC Affiliate of Naumes, Inc. P.O. Box 996 2 Barnett Road Medford, Oregon 97501 Phone 541.772.6268 Fax 541.772.2135 NO AGENCY, REPRESENTATION OR COMMISSION This Property Profile is being made available by Naumes to prospective purchasers either directly or through persons asserting representation of such purchasers. Unless this Property Profile is accompanied by a written agreement signed by Naumes, Inc. and Naumes Properties LLC, no person or entity has, or may represent itself as having, any agency, representation or commission agreement with Naumes and Naumes is not obligated in any way to pay a commission, finder s fee, or other compensation in relation to any actual or potential transaction involving the property.
Property Location: Owner: Operator: 1313 Highway 70, Butte County, Gridley, California This orchard is located on the west side of Highway 70, extending west to the Feather River and south of East Gridley Road, four miles east of Gridley. Naumes Properties LLC Naumes, Inc., under lease from owner Access: The property has access to State Highway 70 and to East Gridley Road. Both roads are two-lane paved, state and county maintained roads. Acreage: 861.49± Total Acres (Located on 3 contiguous sections) 634.66± Planted Acres (See Crop Yield Report for details) Tax Lots: 024-220-025 (506.93 acres) 024-230-055 (175.03 acres) 024-240-028 (179.53 acres) 2009 Tax: $69,335.26 Zoning: Flood Zone: A-5 General Agriculture (minimum 5 acre parcel size) Zone A and A/Fr (area of special flood hazard inundated by 100-year flood). FEMA Map No. 06007C Buildings: Approximately 28,956± SF of Buildings (See Improvements section for details) 14,080± SF of Labor Housing and Mobile Office 14,876± SF of Storage and Shops Page 2
Wind Machines: (Personal Property) There are thirty-three (33) turbocharged wind machines available for purchase separately. Soils: Irrigation: Water Rights: Environmental: Best Use: The soils are all Class I soils, primarily consisting of Columbia Very Fine Sandy Loam with small areas of Columbia Loam and Wyman Loam, which provide excellent adaptability for all orchard crops common to the Sacramento Valley area. The orchard is primarily irrigated by utilizing water provided from the Feather River using three river lift pumps and seven wells pumps which distribute water throughout the majority of the property by a system of underground pipelines. There are two small areas not served by the river and are irrigated from well and pump installations. The primary application of water is by surface plastic hose, mini sprinkler and drip systems. The property receives riparian water rights from the Feather River, with lifts ranging typically from 20 to 30 feet. Typical agricultural use of fuel and farm chemicals, with no obviously apparent environmental hazards on the property or immediate vicinity, including no known underground tanks or asbestos. Above ground fuel tanks and farm chemical storage. The soils are primarily Class I, which provide excellent adaptability for all orchard crops common to the Sacramento Valley area. Presently, the property is utilized for deciduous tree fruit production. Utilities: Management: Utilities to this orchard include electricity provided by PG&E and telephone service provided by Pacific Bell Co. Sewer and domestic water services require private systems. Professional Orchard Management is available through Naumes, Inc. Page 3
Improvements: This property includes the following improvements: 14,080± sq ft of Labor Housing and Office as follows: 4,518± sq ft Historical Two-Story House: (used for labor housing). The first floor consists of 2,602 sq ft with a living room, dining room, sunroom, family room, kitchen, bedroom/office, ½ bath and utility room, hardwood floors and carpeting. The second floor consists of 1,916 on the second floor, master bedroom with bath, 3 bedrooms, playroom and bathroom. Adjacent to the house is a 20 x 39 concrete swimming pool that has been idled. 512± sq ft Cottage and Storage: (near 2-story residence) Wood frame construction, concrete foundation ½ concrete floor and ½ wood floor, wood shingle roof. 560± sq ft Garage: (near 2-story residence) 2,574± sq ft Residence: Includes a living room, family room with double flagstone fireplace, master bedroom with bath, 2 additional bedrooms, main bathroom, dining room with bar and fireplace with wood insert, office and kitchen. Includes: 518 sq ft attached Garage 550 sq ft open Porch & Breezeway 2,016± sq ft Bunk House and Laundry Room: Wood frame construction with aluminum roof. 1,440± sq ft Labor House: Wood frame construction with aluminum roof. 792± sq ft Help House: Wood frame construction, concrete foundation, comp shingle roof. Page 4
Improvements (Cont.): Office: 600± sq ft Mobile Home Office; wood frame, pier foundation, metal roof. 14,876± sq ft of Storage and Shops as follows: 864± sq ft Storage Shed: Wood frame construction, wood foundation, dirt floor, galvanized iron roof. 552± sq ft Sign Shop: Wood frame construction, wood foundation, dirt floor. 2,400± sq ft Pole Barn: Dirt floor, open sides, corrugated metal roof. 1,500± sq ft Barn: Wood frame construction, concrete pier foundation, galvanized roof. 3,420± sq ft Equipment Storage Building: Wood frame construction, open front, concrete foundation, dirt floor, galvanized iron roof. 1,320± sq ft Chemical and Oil Storage Building: Wood frame construction, galvanized iron clad, concrete foundation, galvanized roof. Includes: 1,500± sq ft attached Shop 600± sq ft attached Equipment Shed 1,920± sq ft Steel Storage Building: Steel frame construction, based enamel metal clad, concrete slab floor, galvanized iron roof, 12 eaves. 800± sq ft Garage-Equipment Shed: Steel frame construction, galvanized metal clad 3 sides, open front, concrete foundation, dirt floor, galvanized metal roof. Page 5
- CROP YIELD REPORT Bearing Acreage and Crop (in Tons) PEACHES Bearing Peaches Acres 2004 Crop 2005 Crop 2006 Crop 2007 Crop 2008 Crop 2009 Crop Loadel 13.43 441 370 191 302 235 454 Carson 26.32 464 496 382 545 437 491 Andross 10.88 186 159 119 199 52 182 Halford 31.42 210 206 58 473 261 614 Carolyn.82 10 5 5 15 7 20 Starn 16.81 328 223 136 271 205 334 Corona 32.10 503 339 199 811 583 891 Sullivan 26.20 390 161 115 623 602 625 Total Bearing Peaches: 157.98 2532 1959 1205 3239 2382 3611 Page 1
- CROP YIELD REPORT Developing Peach Acreage Developing Peach Plantings Acres Year Planted PEACHES: Loadel 17.33 2008 Carson 26.04 2004/2008 Halford.63 2007 Starn.46 2007 Carona 4.83 2002/2007 Sullivan 3.98 2007/2008 Total Developing Peaches: 53.27 TOTAL PLANTED PEACHES: 211.25 Acres Page 2
- CROP YIELD REPORT Bearing Acreage and Crop (in Tons) CHERRIES Bearing Cherries Acres 2004 Crop 2005 Crop 2006 Crop 2007 Crop 2008 Crop 2009 Crop Bing 99.24 292 19 151 435 733 949 Rainer 85.01 272 330 132 354 667 724 Lapin 22.26 237 155 59 162 242 249 Brooks 7.21 28 15 7 20 71 32 Jubilee 5.57 13 0 8 22 46 38 Early Burlatt 1.62 1 3 1 1 4 3 Royal Rainier Developing 0 0 0 0 0 4 Coral Developing 0 0 0 0 0 9 Garnet Developing 0 0 0 0 0 2 Total Bearing Cherries: 220.91 843 522 358 994 1763 2010 Page 3
- CROP YIELD REPORT Developing Cherry Acreage Developing Cherry Plantings Acres Year Planted CHERRIES: Bing.27 2004 Brooks.09 2004 Skeena.89 2004 Sweetheart.79 2004 Van.34 2004 Garnet 18.55 2006 Lapin 20.37 2007 Rainier 1.73 2004/2007/2010* Chelan 14.88 2004/2007 Royal Rainier 37.39 2006/2007//2010* Coral 39.94 2006/2007 Total Developing Cherries: 135.24 *17.64 acres of Rainier were grafted to Royal Rainier in 2010 (after 2009 harvest) TOTAL PLANTED CHERRIES: 356.15 Acres Page 4
- CROP YIELD REPORT Bearing Acreage and Crop (in Tons) WALNUTS Bearing Walnuts Acres 2004 Crop 2005 Crop 2006 Crop 2007 Crop 2008 Crop 2009 Crop Hartley / Vina 60.80 93 93 102 67 79 85 Chandler 6.46 14 16 15 12 20 13 Total Bearing Walnuts: 67.26 107 109 117 79 99 98 Moyer prunes were removed in 2005 (The entire crop of apples was removed in 2006. This is for information only.) Bearing Plantings Acres 2001 Crop 2002 Crop 2003 Crop 2004 Crop 2005 Crop Apples Red Fuji 137.49 1436 1277 1772 1326 1614 Granny Smith (included in Fuji acreage) 72 57 120 95 101 Total Apple Acres: 137.49 1508 1334 1892 1421 1715 NOTE: Figures are to the best of our knowledge and subject to change. The acreage and production numbers represented may not appear consistent due to a variety of pollinators and/or grafting in blocks throughout the orchard. Additional detailed information can be provided upon request. Page 5
- CROP YIELD REPORT SUMMARY OF PLANTINGS Peaches Developing Peaches Cherries Developing Cherries Walnuts TOTAL PLANTED ACRES: 157.98 53.27 220.91 135.24 67.26 634.66 Page 6
BUTTE COUNTY ASSESSOR S PARCEL MAP Feather River Orchard Naumes Properties LLC Parcel #024-220-025 506.93 acres Feather River Orchard Naumes Properties LLC Parcel #024-230-055 175.03 acres Feather River Orchard Naumes Properties LLC Parcel #024-240-028 179.53 acres
- AERIAL MAP Feather River Orchard Naumes Properties LLC 861.49 acres
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NAUMES PROPERTIES LLC - Real Property Location Map Feather River Orchard 1313 Highway 70 Gridley, California