Price:                        $1,360,000

Location:                  Located adjacent to U.S. Highway 101, on Thompson                                  Avenue, approximately 1 mile north of Highway 166.

Land Description:     The parcel consists of two parcels, totaling approximately 52                                  acres. It is estimated that there are approximately 15 acres                                  level encompassing the greenhouse operation, 10 acres level                                  seasonal farm ground (subject to flooding), 12 acres of                                  hillside, and the balance in creek area.

Operations:               Nipomo Mesa Farms currently grows premium vine-ripened                                  tomatoes, which are sold under the "Patricia Lee" label.

Water:                      The water source for this parcel is from three agricultural wells                                  producing in excess of an estimated 80 GPM. The water                                  system includes an 80,000-gallon storage tank, a Reverse                                  Osmosis System, additional storage for treated water, and                                  drip delivery system using Anderson injectors.

Improvements:         The improvements consists of approximately 300,000 square                                  feet of greenhouse facilities, including two ranges of                                  wood-framed greenhouses, cooler, office, and storage areas.                                  It also includes a large, older residence and adjacent                                  guesthouse in need of some repair. There is room for                                  expansion of approximately 100,000 square feet of                                  greenhouse.

Soils:                        The soil on this property consists primarily of:
                                 184 - Oceano Sand, 0 to 9% slopes
                                 185 - Oceano Sand, 9 to 30% slopes
                                 170 - Marimel Silty Clay Loam

Utilities:                    Electricity (3 phase, 460 volt), telephone, gas

APN:                         090-291-033

Ag. Preserve:           This property is NOT in the Ag Preserve.

Zoning:                     Agricultural, South County Planning Area