Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land in Mountain Ranch Community Title is generated by Realmo AI

    River Road Way lot 23, Madera, CA 93636

    View on Map
    Claim this Listing
    For Sale
    $47,000

    LAND - Madera, CA

    Lot size:
    0.69 Acres
    Added:
    Jun 14, 2024
    Days on Market:
    701
    Last Refresh:
    May 15 at 2:06 pm

    Property Features for River Road Way lot 23

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    052210017000
    Lot size
    0.69 Acres

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Lisa Neufeld
    Lisa Neufeld

    Listing agent Lisa Neufeld License #1976233

    Listing office RE/MAX Success 4840 W Mineral King RE/MAX Success, Visalia, CA

    Listing date Jun 14, 2024

    MLS# 229789 Listing URL

    Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Opportunity to build a dream home in Madera's Mountain Ranch Community.
    • Multiple lots available (2, 22, 23, 24, and 26) offering flexibility in purchase.
    • Proximity to recreational destinations: Hensley Lake, Bass Lake, and Yosemite Lakes Park.
    • Convenient access to amenities like Chukchansi Gold Resort and Casino.
    • Reasonable commute: only 28 minutes to Madera, and 40 minutes to Fresno.
    • Tranquil living environment in the foothills, near Coarsegold and Oakhurst.

    Overview

    This land offers an opportunity to build a dream home in Madera's Mountain Ranch Community. The property is located minutes from Coarsegold and Oakhurst, providing access to recreational destinations including Hensley Lake, Bass Lake, and Yosemite Lakes Park. The location combines convenience with the serenity of living in the foothills, with proximity to amenities like Chukchansi Gold Resort and Casino. A commute to Madera is approximately 28 minutes, and Fresno is about 40 minutes away. The lot size is 0.69 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -119.84519
    Latitude
    37.159658

    Nearby Similar for Sale

    • $895,000
      3,590 SF

      Retail Space in Madera, CA

      Retail space available for purchase in Madera, California.
      24110 Avenue 14, Madera, CA 93637
      View Details
    • $649,999
      1,987 SF

      Madera Commercial Property For Sale

      Commercial property in Madera, CA, ideal for office use.
      400 W Yosemite Avenue, Madera, CA 93637
      View Details
    • $649,950
      2,633 SF

      Madera Commercial Redevelopment Opportunity

      Prime commercial property in Madera, CA, for redevelopment or mixed-use.
      17408 Road 26, Madera, CA 93638
      View Details
    • $395,000
      1,800 SF

      Madera Commercial Property For Sale

      Commercial property in Madera, CA, with 1800 square feet.
      25954 Tanforan Drive, Madera, CA 93638
      View Details
    • $449,000

      Highway Frontage Commercial Land Opportunity

      2.45 acre commercial land with highway frontage in Madera.
      27765 Highway 145, Madera, CA 93638
      View Details
    • $659,000
      3,000 SF

      Madera Commercial Property For Sale

      Commercial property in Madera, CA, ideal for retail or automotive.
      516 N Gateway Drive, Madera, CA 93637
      View Details
    • $745,000
      1,241 SF

      Madera Ranchos Multi-Family Property

      Income-producing property with two residences and agricultural flexibility in Madera.
      34937 Avenue 13 1/2, Madera, CA 93636
      View Details
    • $899,000

      Madera Land Development Opportunity

      Nearly 10 acres of land ideal for development or agriculture.
      0 Krohn, MADERA, CA 93638
      View Details
    • $450,000
      2,500 SF

      Retail Property in Madera, CA

      Retail property for sale in Madera, California, offering 2,500 SF.
      Madera, CA 93638
      View Details
    • $550,000
      2,500 SF

      Madera Commercial Property For Sale

      Commercial property in Madera, CA, with 2500 square feet.
      Madera, CA 93637
      View Details
    • $1,500,000
      4,941 SF

      Multi-Use Investment Opportunity in Madera

      Multi-family property on 2.25 acres with development potential.
      34681 Avenue 12, Madera, CA 93636
      View Details
    • $659,000
      3,000 SF

      Versatile Commercial Building Near Downtown

      3,000 SF shop/warehouse with open layout and loading access.
      516 N Gateway Dr, Madera, CA 93637
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale in Madera's Mountain Ranch Community.
    Where is this land located?
    The property is located at River Road Way lot 23 Madera, CA.
    What is the asking price?
    The asking price for this property is $47,000.
    What are key features of this property?
    This property features: Opportunity to build a dream home in Madera's Mountain Ranch Community.; Multiple lots available (2, 22, 23, 24, and 26) offering flexibility in purchase.; Proximity to recreational destinations: Hensley Lake, Bass Lake, and Yosemite Lakes Park.
    (559) 270-9682
    We can help!
    Listing Contact
    Lisa Neufeld
    Lisa Neufeld
    Real Estate License ID: 1976233
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    River Road Way lot: 23, Madera, CA 93636
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!