SALYER LAND COMPANY. Kings and Tulare Counties, California. 1,849.47± Assessed Acres. Exclusively Presented by: Pearson Realty

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Kings and Tulare Counties, California 1,849.47± Assessed Acres F & J Blocks Chandler Ranch Dairy Avenue Ranch Exclusively Presented by: Pearson Realty 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

43 Road 16 7th Ave PR O P E RT Y A E R IA L Orange Ave Corcoran Whitley Ave Ave 176 CHANDLER RANCH Ave 170 TULARE COUNTY 6th Ave 7 1/2 Ave F BLOCK & J BLOCK Ave 144 KINGS COUNTY Dairy Avenue 4th Ave Quebec Ave DAIRY AVENUE RANCH 43 Racine Ave Ave 112 Angiola

PROPERTY DETAILS Property consists of 3 non-contiguous ranches totaling 1,849.47± acres currently planted to row crops. All ranches are in the general vicinity of Corcoran, California and lie withinkings and Tulare Counties Following are soils and APN maps of all ranches. Properties are surrounded by permanent planting. Ranches may be sold together or separately. Ranch Acres ± Price/Acre Asking Price F&J Blocks 234.61 $12,000 $2,815,320 Chandler 504.33 $17,000 $8,573,610 Dairy Avenue 1,110.53 $17,000 $18,879,010 1,849.47 $30,267,940 F&J BLOCK 234.61± Acres Total (F Block: 154.71± Acres and J Block: 79.90± acres) LOCATION: F Block: Southeast corner of Avenue 164 and Road 24. J Block: East of Hwy. 43 south of Whitley Avenue. Property is approximately 1.5± miles east of the city of Corcoran. LEGAL: Tulare County APN s: F Block: 200-240-003 (39.93± acres); 200-240-004 (49.91± acres); 200-240-005 (29.94± acres); 200-240-006 (19.96± acres); 200-240-008 (14.97± acres) J Block: 200-270-002 (79.90± acres) Both Blocks lie within the boundaries of the Williamson Act Contract. WATER: F Block: (3) water wells Well #23 1,200± GPM Well #34 1,300± GPM (drilled in 2012) Well #24 700± GPM Property also has 2 non-operational wells Irrigation for J Block comes from wells on F Block. USE: Both Blocks are presently planted to cotton. Land may be suitable for permanent crops. PRICE/TERMS: $2,815,320 cash at close of escrow or terms acceptable to seller. Both Blocks are leased to Paul Nunes through December 31, 2019. CHANDLER RANCH 504.33± Acres LOCATION: Approximately 3 miles southeast of the city of Corcoran, east of Hwy. 43. LEGAL: Tulare County APN s: 200-170-008 (231.95± acres); 200-180- 007 (64.24± acres); 200-250-009 (39.96± acres); 200-260-025 (168.18± acres). The property lies within the boundaries of the Williamson Act Contract. WATER: Self-contained water well field on northern portion. Southern tip is in Lower Tule Irrigation District. (4) working wells. Water wells recharged since November, 2016. Chandler #2: 450 ft. depth, 100 HP, 993± GPM (2016) Chandler #3: 250 ft. depth, 40 HP, 250± GPM (2016) Chandler #6: 450 ft. depth, 125 HP, 416± GPM (216) Chandler #7: 270 ft. depth, 75 HP, 850± GPM (2016) There are 3 additional non-operational wells on the property. USE: Property is currently undeveloped/organic. PRICE/TERMS: $8,573,610 cash at close of escrow or terms acceptable to seller. DAIRY AVENUE RANCH 1,110.53± Acres LOCATION: Approximately 6 miles southwest of the city of Corcoran on the east side of Dairy Avenue (6th Avenue). LEGAL: Kings County APN s: 044-200-009 (322.64± acres); 044-210- 014 (481.44± acres); 044-210-016 (306.45± acres). The property lies within the boundaries of the Williamson Act Contract. WATER: Corcoran Irrigation District. USE: Property is currently planted to cotton, corn, alfalfa and wheat. This is very good ground with permanent crops to the south and east. PRICE/TERMS: $18,879,010 cash at close of escrow or terms acceptable to seller. Property is leased to Paul Nunes through December 31, 2019.

SOIL MAP - F&J BLOCKS 272100 272300 272500 272700 272900 273100 273300 3995700 3995900 3996100 3996300 3996500 3996700 3996900 3997100 3997300 3997500 Soil Map may not be valid at this scale. California Revised Storie Index (CA) Map unit symbol Map unit name Rating 104 Biggriz-Biggriz, saline-sodic, complex, 0 to 2 percent slopes 117 Gambogy loam, drained, 0 to 1 percent slopes not a part Grade 2 - Good Grade 3 - Fair 3995700 3995900 3996100 3996300 3996500 3996700 3996900 3997100 3997300 3997500 36 36 271900 272100 272300 272500 272700 272900 273100 273300

ASSESSOR S PARCEL MAP - F&J BLOCKS (234.61± ACRES) not a part

SOIL MAP - CHANDLER RANCH 1 1 N 273700 274100 274500 274900 275300 275700 3994700 3995100 3995500 3995900 3996300 3996700 3997100 3997500 California Revised Storie Index (CA) Map unit symbol Map unit name Rating 108 Colpien loam, 0 to 2 percent slopes 117 Gambogy loam, drained, 0 to 1 percent slopes 118 Gambogy-Biggriz, saline-sodic, association, drained, 0 to 2 percent slopes Grade 1 - Excellent Grade 3 - Fair Grade 3 - Fair 3994700 3995100 3995500 3995900 3996300 3996700 3997100 3997500 N 273700 274100 274500 274900 275300 275700 W W

ASSESSOR S PARCEL MAP - CHANDLER RANCH (504.33± ACRES)

SOIL MAP - DAIRY AVE RANCH 3984700 3985100 3985500 3985900 3986300 3986700 3987100 1 1 N N 267600 268000 268400 268800 269200 269600 270000 270400 270800 271200 271600 272000 267600 268000 268400 268800 269200 269600 270000 270400 270800 271200 271600 3984300 3984700 3985100 3985500 3985900 3986300 3986700 3987100 3 3 W W California Revised Storie Index (CA) Map unit symbol Map unit name Rating 115 Gepford clay, partially drained 116 Gepford clay, sandy substratum, partially drained 119 Grangeville sandy loam, saline-alkali Grade 6 - Nonagricultural Grade 6 - Nonagricultural Grade 5 - Very Poor

ASSESSOR S PARCEL MAP - DAIRY AVE RANCH (1,110.53± ACRES)

LOCATION MAP Orange Ave 137 7 1/2 Ave STATE MAP I-5 Pueblo Ave Plymouth Ave 43 99 80 Sacramento Stockton Oakland San Francisco Modesto Woodside Monterey Carmel San Jose US 101 Water Disclosure: The Sustainable Groundwater Management Act (SGMA) was passed in 2014, requiring groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. SGMA may limit the amount of well water that Salinas I-5 may be pumped from underground aquifers. Buyers and tenants to a real estate transaction should consult with their own water attorney; hydrologist; geologist; civil engineer; or other environmental professional. Additional information is available at: California Department of Water Resources Sustainable Groundwater Management Act Portal - https://sgma. water.ca.gov/portal/ Telephone Number: (916) 653-5791 CA 1 99 Merced Madera 180 Fresno Lemoore Hanford Visalia Corcoran 41 99 Paso Robles Bakersfield I-5 Los Angeles US 15 San Diego San Bernardino Riverside US 40 US 10 US 8 43 Offices Serving The Central Valley FRESNO 7480 N. Palm Ave. Suite 101 Fresno, CA 93711 559.432.6200 VISALIA 3447 S. Demaree St. Visalia, CA 93277 559.732.7300 BAKERSFIELD 1801 Oak St. Suite 159 Bakersfield, CA 93301 661.334.2777 Download Our Mobile App! http://snap.vu/oueq