$10,793,250 AVENUE 18 1/ ± acres. E xclus iv ely Pr esen t e d by : MADERA COUNTY ALMONDS. ( $25,000 per acre )

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1 AVENUE 18 1/2 E xclus iv ely Pr esen t e d by : M a d e r a C o u n t y, C A $10,793,250 ( $25,000 per acre ) CA BRE#

2 AV ENU E 1 8 1/2 Lo c at i on The subject property is located on the south side of Avenue 18 ½, approximately 2 miles west of Road 9, and 9 miles southwest of Chowchilla, in Madera County. Chowchilla Blv d Ave 23 Ro Rd 26 be rts Road 9 Ave 18 1/2 Road 16 Madera chilla Chow vd ss Bypa Ave Rd 27 Fir eb au g h Bl 33 Firebaugh Ave 7 1/2 2

3 AVENUE 18 1/2 Property Details Property Aerial PROPERTY DESCRIPTION: Subject property consists of ± assessed acres with, 377± acres of producing almond orchards planted between , and 54± acres of open land. (3) new wells have recently been drilled and developed on the property, with (2) currently being used along with an additional existing pump and well. Property does not receive surface water from an irrigation district, but is located adjacent to the Chowchilla Bypass. Ave 18 1/2 WATER: (2) New 150 HP pumps and wells (1) 75 HP pump and well (1) 40 HP pump and well (1) Well recently drilled w/o pump Chowchilla Bypass Water applied to orchards via micro-sprinklers. BUILDINGS: None PRICE/TERMS: $10,793,250 cash to seller at close of escrow. Buyer to reimburse seller for all cultural costs incurred towards 2018 crop. 3

4 AVENUE 18 1/2 Legal located in portions of section 21, T11S., R14E., M.D.B.&M. and section 34, T10S., R14E., M.D.B.&M. in Madera County. Madera County APN Acres± ± ± ± ± ZONING: ARE-40, Agricultural Exclusive Property. Is enrolled in the Williamson Act Land Preserve. 4

5 AVENUE 18 1/2 Soils N N ' 8'' W N California Revised Storie Index (CA) Map Scale: 1:14,300 if printed on A landscape (11" x 8.5") sheet. Meters Feet Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 10N WGS84 Natural Resources Web Soil Survey 4/17/ ' 1'' W Map unit symbol CfaA FecA GaA PaA PbA PdA TmA TnA ToA TwA VdA WxA Map unit name Chino fine sandy loam, slightly saline-alkali, 0 to 1 Fresno and El Peco fine sandy loams, strongly salinealkali, 0 to 1 Grangeville fine sandy loam, 0 to 1, MLRA 17 Pachappa fine sandy loam, 0 to 1 Pachappa fine sandy loam, slightly salinealkali, 0 to 1 percen slopes Pachappa sandy loam, slightly saline-alkali, 0 to 1 Traver loam, slightly saline-alkali, 0 to 1 Traver loam, moderately saline alkali, 0 to 1 Traver loam, strongly salinealkali, 0 to 1 Tujunga loamy sand, 0 to 3 Visalia sandy loam, 0 to 3 percent slopes Wunjey very fine sandy loam, strongly salinealkali, 0 to 1 Rating Grade 3 - Fair Grade 5 - Very Poor Grade 4 - Poor Grade 1 - Excellent Grade 2 - Good Grade 2 - Good Grade 3 - Fair Grade 3 - Fair Grade 5 - Very Poor Grade 2 - Good Grade 2 - Good Grade 5 - Very Poor 5

6 AVENUE 18 1/2 Plantings/Wells Ave 18 1/2 18± Acres Open 54± Acres NP ± acs. F ±acs x HP Well New 150 HP Well 90± Acres NP ± acs. F ± acs x 14 34± Acres Open Not a part 12 pipeline New 150 HP Well Well New Well: Needs pump and connection (short distance) to existing pipeline. ID Variety Total per Variety Chowchilla Bypass 48± Acres NP ± acs. WC ± acs. A ±acs x ± Acres NP ± acs. M ± acs. F ±acs x HP Well NP Non Pareil 188.5± acres M Monterey 46.25± acres F Fritz ± acres WC Wood Colony 12.0± acres A Aldridge 12.0± acres 6

7 AV ENU E 1 8 1/2 Photos 7

8 AVENUE 18 1/2 M a d e r a C o u n t y, C A I-5 80 Sacramento Stockton Oakland Modesto San Francisco Woodside San Jose Monterey Carmel Merced Madera SITE Salinas 101 I-5 Fresno 180 Lemoore Visalia CA 1 Paso Robles Delano Bakersfield I-5 Download Our Mobile App! Los Angeles San Bernardino O ffices S er ving The Central Valley Riverside F R E S N O V I S A L I A B A K E R S F I E L D 10 San Diego N Palm Ave, Ste S Demaree Street 1801 Oak Street, Ste 159 Fresno, CA Visalia, CA Bakersfield, CA We believe the information contained herein to be correct. It is obtained from sources which we regard as reliable, but we assume no liability for errors or omissions. CA BRE#