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Thanks the trees may be ok -its a Colorado orchard with 8900 of them. It abuts a river and water rights are fine. The owner died and his children have not really been interested. Cheries- apples and peaches.
Pruning is a big deal with fruit trees to produce. This article explains "thinning". Your yield may be reduced with improper care of tree over time, read here. https://www.starkbros.com/growing-gu...ng-fruit-trees
Do they have diseases? Fruit trees are risky, there is a lot of loss.
I am giving you one of the gold standards for fruit trees and info, Stark Brothers. Good Luck!
Thanks they may have only missed this years' pruning. The guide was helpful is there a multiplier for fruit trees? ie if a tree produces $100 worth of applies per year is it worth 5 x that?
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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See if this is at all helpful. I'm in commercial real estate and because we do a lot of specialized industrial properties we have had to use agricultural appraisers at times. You don't have pecans, but it should at least be similar.
This is what I'd offer: the value of the land, the value of the water rights, something ( but not full price ) for the improvements, lIke irrigation equipment and fencing. The trees are just along for the ride. That way you are buying real estate.
Unless the income and expenses are well documented, with profit and loss statements, contracts for the crops from wholesalers, and contracts for labor.. In that case, you can offer multiples of the profits, but that's all, not profits plus land plus trees. That way you are buying a business
Two different ways of figuring value.
There may be similar farmland nearby that has sold recently to give you some comparison.
With fruit trees, the age of the trees is important as well.
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