Current Use by Public Records
- Land
Property Details for 0 Avenue 21
- Lot size
- 318.19 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 318.19-acre property in Chowchilla, CA, presents a lucrative investment opportunity. Located southeast of the Flanagan Road and Avenue 21 intersection, the land boasts approximately 160 acres of mature, third-leaf Golden Hills pistachios, and approximately 160 acres of open ground currently used for tomato cultivation. The property benefits from a robust water infrastructure, including three wells (two shallow, one deep), an irrigation pond, and a filter station servicing the entire acreage. There are no restrictions on shallow water pumping. The property is situated within the Triangle T Water District and the County of Madera GSA – Chowchilla. Madera County APN: 020-140-004. Detailed soil maps are available upon request. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, including the requirement for groundwater basins to be sustainable by 2040 and the development of Groundwater Sustainability Plans (GSPs) by 2020. Further information on SGMA can be found at the provided website. This property offers significant potential for agricultural production and long-term growth. The asking price is $6,200,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chowchilla
- County
- Madera
- State
- California
- Longitude
- -120.519
- Latitude
- 37.0546
