A ±1,680-ACRE GENERATIONALLY FARMED, PRIME COTTON OPERATION IN PINAL COUNTY

ADDRESS Hunt Highway & Gantzel Road
GROSS LAND SIZE ±1,680 Gross Acres
PLANTABLE ACREAGE Historically about 1,400 farmed
ZONING Agricultural - GR - General Rural

Kidder Mathews Arizona Office and the Land and Agribusiness Team is excited to present Koepnick Family Farms, a 1,680 Arizona State Lands Lease of prime, laser leveled row-crop land. This land has developed over multi-generations, possesses excellent water resources & a history of strong cotton production within the desirous New Magma Irrigation and Drainage District (NMDD).

Terms

The leasehold is being offered unpriced. Contact broker for further details.

DUE DILIGENCE Contact listing brokers for access to due diligence materials
SECURE LEASE Koepnick will cooperate fully with the new Tenant to secure and transfer the lease with Arizona State Land Department

Property Details

Koepnick Family Farms has a long history of outstanding cotton production spanning over several decades.

The property is currently under lease with the Arizona Land Department and sub-leased to a major cotton grower. Koepnick Farms has strong production from 1,700 to 2,400 pounds of lint per acre and in excess of average yields in Arizona which are of 1,400 to 1,600 pounds per acre.

LAND SIZE ±1,680 gross acres, 4 state land leases with aligned lease terms
LEASE TERMS Second year of a 5-year lease that expires on 2/14/2028. Arizona State Land Department Agricultural leases automatically renew every 5 to 10 years
CROP MIX Cotton & winter forage; planted ground fallowed annually
CROP PRODUCTION Strong production ranging from approximately 1,700 to 2,400 pounds of lint per acre
WATER SOURCE Concrete-lined internal ditching with New Magma Irrigation District providing irrigation water via main, concrete-lined supply canals
LEASE ID NUMBERS 108054, 107567, 97336 & 98188
TOPOGRAPHY Laser-leveled and engineered to provide adequate and efficient flow for row irrigation
ZONING General Rural- Agricultural

Irrigation & Water

Irrigation water for Koepnick Family Farms is supplied by New Magma Irrigation & Drainage District (NMDD) via four separate water delivery points. Koepnick Farms is fully serviced by the New Magma Irrigation District and water is provided by Concrete Lined Conveyance Canals. There is a deep well on the Property that is Leased to New Magma for a term of 25 years. Annual rental income is $3,000 for the Well. The subject’s crop land is fully covered by Irrigation Rights. Overall, the Koepnick Farms is considered excellent for continued farming. It is of adequate size, good topography and excellent access.

Koepnick Farms has no restriction on water usage. The average annual water usage has been 8,281 AF per year, for the past 5-years.

Location Overview

A PREMIER LOCATION

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The city's numerous parks, trails, and recreational facilities provide ample opportunities for outdoor activities. The San Tan Mountain Regional Park and the Schnepf Farms are popular destinations that celebrate the city's natural beauty and cultural richness. The annual San Tan Valley Spring Festival and the Queen Creek Olive Mill showcase San Tan Valley's vibrant community spirit.

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Due Diligence

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