The Property provides a unique combination of both agricultural and future residential development potential opportunities for long term appreciation. It consists of approximately 85 acres of irrigated farm ground in four legal parcels, including 40± acres zoned Residential Single Family within the Nipomo Community Services District sphere of influence, with the balance zoned Agriculture. The County of San Luis Obispo has issued Certificates of Compliance for each of these four lots, assuring their validity as separate legal parcels. This efficient ranch enjoys a uniform rectangular shape, with the exception of a portion that ex- tends beyond the rectangle to the east. The Property possesses approximately two-fifths mile of frontage along Thompson Ave. and is close to one-third mile in depth.