Property profile

15 1/2 Madera, CA 93636

OFF-MARKET
Land
0.86 ac lot
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Property summary

AI-generated overview

This exceptional 0.86-acre parcel presents a unique investment opportunity in Madera, California. Located at the Northwest corner of Road 29 and Avenue 15 1/2, this property boasts convenient access to both BNSF rail lines and county roads, offering significant logistical advantages. The land is zoned BXEH, Agricultural, Industrial, Commercial, Manufacturing, Machinery, Production, and Grain, providing considerable flexibility for a variety of uses. Historically used for grain storage, the site features four large metal silos, which could be repurposed or removed to suit a new development. The surrounding area includes established industrial developments and storage yards, indicating a strong and growing industrial presence. The asking price is $75,000, translating to $174,419 per acre, reflecting the strategic location and development potential of this property. The APN is 035-110-071. This is an ideal site for businesses seeking efficient transportation links and a location within a thriving industrial sector. The property's versatility and prime location make it an attractive proposition for investors and developers alike. Don't miss this chance to acquire a valuable piece of Madera County real estate.

Property profile

Verified
Property type Land
Lot 0.86 ac (37,462 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15 1/2 Madera, CA 93636
Madera metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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