Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefax

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefax

LOCATIONProperty is located on Sherwood Ave approximately one (1) mile to the west of Highway 65 at the northwest and southwest corner(s) of the intersection of Sherwood Ave and Fay Ridge Road approximately six and one-half (6 ½) miles to the east of the City of McFarland in the County of Kern and State of California

DESCRIPTION297.07 +/- gross acres with 41.20 +/- acres of Lemons, 22.60 +/- acres of Minneolas, 30.60 +/- acres of Navels, and 9.30 +/- acres of Mandarins for a total of 103.70 +/- acres of planted citrus on Class I & II soil(s) and 193.37 +/- acres of open farmland with dual sources of water provided via surface water delivery from Cawelo Water Storage District and a 200 HP electric irrigation well

BRIEF LEGALKern County Assessor Parcel Number(s): 060-321-19; 060-321-21; 060-321-23; 060-321-25; Portion(s) of South ½ of Section 18; T 26S; R 27E; MDB&M

PRODUCTION Three (3) year average production history for the planted lemons is approximately 34 bins per acre(Production history for all planted citrus is available upon request)

IRRIGATIONProperty is located within the boundaries of the north service area of Cawelo Water District, and receives surface water delivery via District turnout C-41. For the 2019 crop year, Cawelo’s budgeted water allocation is 1.8 acre feet per acre in the District subject to any increases in actual water delivery for District landowners. The District assessment of the 2019 crop year is $82 per acre, and $220 per acre foot of Cawelo’s budgeted allocation for 2019. Cawelo’s historical average water delivery has been approximately 75,000 acre feet/year or 2.27 acre feet/surface water acre During the months of November to February, the Cawelo Winter Supplemental Water Program provides available water to growers at a cost of $25 per acre feet which does not go against a growers budgeted water allocation of 1.8 acre feet per acre. The property also has a 200 HP electric agricultural well with an estimated flow of 761 GPM with a standing water level at 576’, pumping water level at 636’, and 55% overall pump efficiency as provided via a pump test report dated 2/12/19. The property is irrigated by one (1) 50 HP booster pump and one (1) 75 HP booster pump for a total of two (2) booster pumps each equipped with a filter station that is interconnected to a centralized reservoir that provides both district and ground water to irrigate the planted citrus via a single line fan jet irrigation system.

SGMAThe Sustainable Groundwater Management Act passed in 2014, and requires groundwater basins to be sustainable by 2040 and requires Groundwater Sustainability Plans (GSP) by 2020. GSP(s) may limit the amount of well water pumped. For more information go to https://water.ca.gov/Programs/Groundwater-Management/SGMA-Groundwater-Management

PRICE:$ 6,500,000.00 ($22,000 per acre) (All cash to be paid at close of escrow)

CONTACTMorgan HouchinTech Ag Financial Group, Inc.661-477-3669 (mobile)mhouchin@techag.comwww.TechAgFinancial.com

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefax

SITE PHOTOS

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefax

LOCATION MAP

WascoWasco

McFarlandMcFarland

DelanoDelano

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefax

AERIAL MAP

Sherwood Ave

Sherwood Ave

Fa

y R

idg

e R

dF

ay

Rid

ge

Rd

Hanawalt AveHanawalt Ave

Turnout C-41Turnout C-41

WellWell

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefaxSWISS 42 RANCH - Etchegaray Farms, LLC

NFukomoto Navels '00Block 212.6 AC Minneolas '72

Block 5 Block 622.6 AC 38.8 AC

Rush Navels '00Satsumas '11 42CMN1Block 3

Block 1 9.3 AC Site ID Acres44.8 Acres 42OPN1 44.8

42OPN3 82.542OPN2 41.7

Lemons '08 42CNE1 18.2Block 7 Newhall Navels '08 Block 12 42CNE2 12.410.6 AC Block 8 38.5 AC 42CMN1 22.6

12.4 AC 42CSA1 9.342CLE1 43.4

Block 11Lemons '11 Lemons '11 20.3 AC Block 14 Producing: 105.9Block 9 Block 10 5.2 AC12.1 AC 20.7 AC Block 13

21.4 AC

BLOCK CROP VARIETY STOCK SPACING ACRES YEAR TREES SITE IDCOST

CENTER IRR TYPE1 OPEN OPEN N/A N/A 44.8 2016 0 42OPN1 1703502 NAVELS FUKUMOTO - Early Navels C35 16 X 20 12.6 2000 1,713 42CNE1 191350 Fan Jet3 SATSUMA AKITSUWASI CARRIZO 8 X 16 9.3 2012 3,155 42CSA1 121802 Fan Jet4 NAVELS RUSH TI - Early Navels C35 16 X 20 5.6 2000 767 42CNE1 191350 Fan Jet5 MINNEOLAS MINNEOLAS TROYER 20 X 20 22.6 1972 2,453 42CMN1 191351 Fan Jet6 OPEN OPEN N/A N/A 38.8 2017 0 42OPN3 170350 Fan Jet7 LEMONS LIMCO CARRIZO 16 X 20 10.6 2008 1,437 42CLE1 191340 Fan Jet8 NAVELS NEWHALL - Early Navels CARRIZO 16 X 20 12.4 2008 1,688 42CNE2 191350 Fan Jet9 LEMONS LIMCO CARRIZO 16 X 20 12.1 2011 1,644 42CLE1 191340 Fan Jet10 LEMONS LIMCO CARRIZO 16 X 20 20.7 2011 2,821 42CLE1 191340 Fan Jet11 OPEN OPEN N/A N/A 20.3 2016 0 42OPN2 17035012 OPEN OPEN N/A N/A 38.5 2017 0 42OPN3 17035013 OPEN OPEN N/A N/A 21.4 2016 0 42OPN2 17035014 OPEN OPEN N/A N/A 5.2 2017 0 42OPN3 170350

TOTAL 274.8APN Acres

APN #'s 060-321-23 85.45 Crop Acres060-321-21 1.34 NAVELS 30.6 Source HP Notes060-321-19 78.96 MINNEOLAS 22.6 Cawelo060-321-25 131.32 LEMONS 43.4 Deep Well 200

297.07 SATSUMA 9.3 Booster 1 50OPEN 168.9 Booster 2 75

TOTAL 274.8 REVISED 12/16 - SEE

345M-001021345M-001051345M-001017

Block 4 5.6 AC

WATER INFORMATIONAcct #C-4-1

RANCH # 42

APPROXIMATE ELEVATION

OF SITE537 ft

RESV

SherwoodAve

FIELD MAP

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefax

California Revised Storie Index (CA)—Kern County, California, Northwestern Part(Soil Storie Index for APN(s) 060-321-19, 21, 23, 25)

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

5/20/2019Page 1 of 5

3948

200

3948

300

3948

400

3948

500

3948

600

3948

700

3948

800

3948

900

3949

000

3949

100

3949

200

3949

300

3948

200

3948

300

3948

400

3948

500

3948

600

3948

700

3948

800

3948

900

3949

000

3949

100

3949

200

308400 308500 308600 308700 308800 308900 309000 309100 309200 309300 309400 309500 309600 309700 309800 309900 310000 310100

308400 308500 308600 308700 308800 308900 309000 309100 309200 309300 309400 309500 309600 309700 309800 309900 310000 310100

35° 40' 9'' N

119°

7' 3

'' W

35° 40' 9'' N

119°

5' 5

0'' W

35° 39' 30'' N

119°

7' 3

'' W

35° 39' 30'' N

119°

5' 5

0'' W

N

Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 11N WGS840 400 800 1600 2400

Feet0 100 200 400 600

MetersMap Scale: 1:8,440 if printed on A landscape (11" x 8.5") sheet.

SSooiill MMaapp mmaayy nnoott bbee vvaalliidd aatt tthhiiss ssccaallee..

SOIL MAP

California Revised Storie Index (CA) - Summary by Map Unit - Kern County, California

Map Unit Symbol Map Unite Name Rating Component Name Acres in AOI Perecent in AOI

131 Chanac clay loam, 9 to 15 percent slopes Grade 1 - Excellent Chanac (85%) 173.5 56.9%

139 Delano sandy loam, 2 to 5 percent slopes Grade 2 - Good Delano (85%) 131.6 43.1%

Totals for Area of Interest 305.1 100.0%

The Revised Storie Index is a rating system based on soil properties that govern the potential for soil map unit components to be used for irrigated agriculture in California.

The Revised Storie Index assesses the productivity of a soil from the following four characteristics:

� Factor A: degree of soil profile development � Factor B: texture of the surface layer � Factor C: steepness of slope � Factor X: drainage class, landform, erosion class, flooding and ponding frequency and duration, soil pH, soluble salt content as measured by electrical conductivity, and sodium adsorption ratio

Revised Storie Index numerical ratings have been combined into six classes as follows: � Grade 1: Excellent (81 to 100) � Grade 2: Good (61 to 80) � Grade 3: Fair (41 to 60) � Grade 4: Poor (21 to 40) � Grade 5: Very poor (11 to 20) � Grade 6: Nonagricultural (10 or less)

The components listed for each map unit in the accompanying Summary by Map Unit table in Web Soil Survey or the Aggregation Report in Soil Data Viewer are determined by the aggregation method chosen. An aggregated rating class is shown for each map unit. The components listed for each map unit are only those that have the same rating class as the one shown for the map unit. The percent composition of each component in a particular map unit is given to help the user better understand the extent to which the rating applies to the map unit.

Other components with different ratings may occur in each map unit. The ratings for all components, regardless the aggregated rating of the map unit, can be viewed by generating the equivalent report from the Soil Reports tab in Web Soil Survey or from the Soil Data Mart site. On-site investigation may be needed to validate these interpretations and to confirm the identity of the soil on a given site.

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOR SALE297.07+/- Gross Acres of Citrus & Open Farmland in Cawelo Water District

Morgan HouchinTech Ag Financial Group, Inc. Broker DRE No. 01865336

mhouchin@techag.com3430 Unicorn RoadBakersfield, CA 93308

661-477-3669661-695-6500661-384-6168

mobileofficefax

Call Morgan Houchin 661-477-3669

FOR EVERYTHING

UNDER THE SUN

• Row Crops

• Orchards

• Vineyards

• Ranches

• Developed or Vacant Land

TECH AG FINANCIAL GROUP, INC.Tech Ag Financial Group was founded in the spring of 2001 with the purpose of helping Central Valley growers compete in today’s global market. The Group takes a dynamic approach by drawing upon almost a century of family farming experience and Ag-business expertise to help growers remain profitable in a constantly changing economic environment.

Locally owned, with offices in Bakersfield and Buttonwillow, California, our staff includes Ag-business professionals, accredited land consultants, and loan officers with an extensive knowledge base for the successful completion and management of real estate investment opportunities across a wide range of agricultural commodities.

At Tech Ag Financial Group, we can assist our clients in a wide variety of Ag-related areas including real estate brokerage, investment, tenant sourcing, leasing agreements, and crop production financing and operating lines of credit.

Contact us and take advantage of our services today!

FOR SALE - 2,252.70 +/- Gross Acre Cattle Ranch in Tulare County

Tech Ag Financial Group, Inc.Broker DRE No. 01865336

mhouchin@techag.com

661-477-3669661-695-6500661-384-6168

mobile

office

fax

Neither the Seller, nor Tech Ag Financial Group, Inc. makes any representations or warranties, either expressed or implied as to the accuracy or completeness of the enclosed. Buyers should conduct their own due diligence.

FOREVERYTHING

UNDERTHE SUN

� Row Crops � Orchards � Vineyards � Ranches � Developed or Vacant Land

Call Morgan Houchin 661-477-3669

TECH AG FINANCIAL GROUP, INC.Tech Ag Financial Group was founded in the spring of 2001 with the purpose of helping Central Valley growers compete in today’s global market. The Group takes a dynamic approach by drawing upon almost a century of family farming experience and Ag-business expertise to help growers remain profitable in a constantly changing economic environment.

Locally owned, with offices in Bakersfield and Buttonwillow, California, our staff includes Ag-business professionals, accredited land consultants, and loan officers with an extensive knowledge base for the successful completion and management of real estate investment opportunities across a wide range of agricultural commodities.

At Tech Ag Financial Group, we can assist our clients in a wide variety of Ag-related areas including real estate brokerage, investment, tenant sourcing, leasing agreements, and crop production financing and operating lines of credit.

Contact us and take advantage of our services today!