Strategically located in Nipomo, this Property offers investors a strong combination of stable
agricultural income, excellent access, and potential long-term development opportunity. With two county road access points—Oakglen Avenue and Mallagh Street—operations move efficiently. The Teft St./Highway 101 interchange is under five minutes away, providing easy access to coolers and agricultural infrastructure. The diverse soils on the Property provide for diversification of cropping programs. The portion of the Property west of Nipomo Creek is light soil suitable for strawberries and other crops, while the balance of the
Property east of the creek is fertile clay and clay loam soil (see soil map on page 6). Owned by
descendants of Captain William G. Dana, the Property has a long history of irrigated farming and is
currently leased for growing strawberries and vegetables, providing reliable near-term income.
76+/- acres are currently leased, however it is reported that 81+/- acres are farmable. Rent from a cell tower on the northern end adds over $21,000 annually, with annual increases.