Scan with Smart

Phone Camera

Palomino Farms

United States /Nevada, 5555 Sage Flat Road, 89510, 875

Listing ID :

9061799

MLS ID :

240014982

Acres :

875 Acres
$5,300,000

View Agent's Properties and Profile:

Todd Renfrew

Contact Seller

Property Description

The *875-acre* Palomino Farms stands as a cherished agricultural hallmark of the Palomino Valley. It is located just a 8-minute drive to Sparks, NV and a 30-minute drive to Reno, NV, one of the fastest-growing metropolitan regions in the United States.Palomino Farms is a multifaceted and innovative farm with high-quality alfalfa and alfalfa orchard grass mix production at its heart. 220.60 irrigated acres under one Zimmatic and one Valley pivot, coupled with 46.25 acres under wheel line irrigation, produces approximately 4.2 to 5.35 tons per acre of alfalfa orchard grass mix and 3.55 to 4.3 tons per acre of high-quality alfalfa. The crop is bolstered by 1,266 + acre feet of underground water rights, two 600+ ft. ag wells, and two 150 HP pumps for each. Additionally, there are approximately 450 acres of rangeland to boot.Palomino Farms has been on the cutting edge of innovative and sustainable water solutions in an ever-changing world through OneWater Nevada Initiative, a collaboration with the University of Nevada, Reno, City of Reno, City of Sparks, Washoe County, and the Truckee Meadows Water Authority. This promising initiative would pipe recycled water from nearby northern Nevada urban communities, significantly reducing the need for groundwater pumping on the farm. Additionally, extensive research and testing have confirmed an opportunity for a massive volume of Truckee River water to be stored in a large underground aquifer beneath Palomino Farms.Home Sweet Home is a comfortable 1,100 sq. ft. updated three-bedroom, two-bath home with a lawn. It includes a large kitchen with stainless steel appliances and a cozy living room. Ranch infrastructure includes a pole hay barn, equipment shed, shop, and outbuildings.It is extremely rare to find such a productive alfalfa farm with enviable water rights and buildable lots in Washoe County. Discover the endless opportunities with Palomino Farms! PROPERTY HIGHLIGHTS:Investment Opportunity!*875-acre* agricultural property in Palomino Valley, NV8-minute drive to Sparks & 30-minute drive from RenoHigh-quality alfalfa and grass hay production220.60 irrigated acres under center-pivot irrigation46.25 irrigated acres under wheel line & mainline irrigationApproximately 3.55 to 4.3 ton per acre of high-quality alfalfa yield1,266+ acre-feet of underground water rightsTwo 600+ ft. agricultural wells450 acres of rangelandParticipation in the OneWater Nevada InitiativePotential for recycled water from Northern NV urban communities to be used for irrigationReduced reliance on groundwater pumping1,100 sq. ft. 3-bedroom, 2-bathroom homePole hay barn, equipment shed, shop, and outbuildingsProductive alfalfa farm with valuable water rightsPotential for development in Washoe County

Basic Details

Property Types:

Farm, Ranches, Commercial

Listing Type:

For Sale

Listing ID:

9061799

Price:

$5,300,000

Acres:

875 Acres

Address Map

Country:

United States

State:

Nevada

County:

Washoe

City:

Reno

Latitude:

39.802393

Longitude:

-119.652653

Street Address:

5555 Sage Flat Road