Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Hwy 41 Madera Acres, CA 93638

    Sponsored
    For Sale
    $750,000

    61.94 Acres Hwy 41 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    408
    This exceptional 61.94-acre agricultural property in Madera County, California, presents a compelling investment opportunity. Located near the intersection of Highways 41 and 145, this land boasts over half a mile of Highway 41 frontage, providing significant visibility and accessibility. The gently rolling terrain is enhanced by two 1300-foot deep wells, strategically positioned near potential homesites. The property is zoned ARF – Agricultural Rural Foothill District and is not subject to the Williamson Act. The APN is 051-145-006. Its convenient location, coupled with the existing infrastructure of two deep wells and perimeter fencing, makes it ideal for a variety of uses. The property's substantial highway frontage offers unparalleled exposure, making it suitable for commercial development or other ventures that benefit from high visibility. The expansive acreage provides ample space for agricultural pursuits or large-scale projects. This prime location in Madera, CA, zip code 93638, offers a unique blend of rural tranquility and convenient access to major transportation routes. Serious inquiries are encouraged to explore the full potential of this remarkable land parcel. The asking price is $750,000.

    Property Features for 0 Hwy 41

    General Information

    Property type
    Farms
    Lot Size
    2,698,106 SF

    We can help!

    Listing Contact
    Cole Petersen
    Cole Petersen

    Learn more

    Property Insight Report

    HighLights

    • High‑visibility location with over half a mile of Hwy 41 frontage.
    • Two deep water wells on‑site.
    • Secure property with perimeter fencing and rolling terrain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madera Acres
    County
    Madera
    State
    California
    Longitude
    -119.78791053451
    Latitude
    37.029549710017

    Nearby Comparable

    • $23,216,000
      1,221.00 Acres

      Prime Madera County Commercial Land

      1,221 Acres, Highway 41 & 145
      145 Madera Ave, Madera, CA 93626
      View Details
    • $675,000
      78,408 SF

      Friant Commercial Land For Sale

      1.8 acre commercial lot in Friant, California.
      44704 Road 145, Friant, CA 93626
      View Details
    • $2,600,000
      6,600 SF

      Profitable Event Center For Sale

      Turnkey event center with real estate in Madera, California.
      14860 Highway 41, Madera, CA 93636
      View Details
    • Contact for pricing

      Shovel Ready Commercial Land

      Commercial land available for office/warehouse with yard in Madera,CA.
      1967 Independence Dr, Madera, CA
      View Details
    • $2,850,000

      Development Land Near Highway 41

      34-acre development land near residential, retail, and highway access.
      41 & Rio Mesa Blvd, Madera, CA
      View Details
    • Contact for pricing

      Commercial Land Ready for Development

      Shovel-ready commercial land in Madera, CA, custom lot sizes.
      1944 Independence Dr, Madera, CA
      View Details
    • $4,900,000

      Citrus Farm Near Future Hospital

      40-acre citrus farm with development potential near future hospital.
      41 Ave 12 & Hwy, Madera, CA
      View Details
    • $296,415

      Tesoro Viejo Business Park Land

      Commercial land with infrastructure in Tesoro Viejo Business Park.
      Lyles Dr, Madera, CA
      View Details

    FAQs

    What type of property is this?
    Farm - 61.94 Acres Hwy 41 Frontage
    Where is this farm located?
    The property is located at Hwy 41 Madera Acres, CA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: High-visibility location with over half a mile of Hwy 41 frontage.; Two deep water wells on-site.; Secure property with perimeter fencing and rolling terrain.
    Request Owner's contact information
    Hwy 41 Madera Acres, CA 93638
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hwy 41
    Madera Acres, CA 93638
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hwy 41 Madera Acres, CA 93638
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cole Petersen
    Cole Petersen
    Real Estate License ID: 02143117
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.