24706 Avenue 8 Madera, CA 93637
This exceptional 75.8-acre property in Madera County, California, presents a unique investment opportunity. Located at 24706 Ave 8, Madera, CA 93637 (APN: 040-021-018, 040-021-019), the land is zoned ARE-40 (Ag Rural Exclusive - 40-acre minimum parcel size) and is not enrolled in the Williamson Act. The property boasts a mature Thompson vineyard within the Madera Irrigation District, featuring flood and single-line drip irrigation. Included in the sale is the 2024 crop, with a seller reimbursement for pre-closing cultural costs. The property also includes a substantial 2,300+/- sq ft ranch-style home built in 1965, offering three bedrooms and two bathrooms, a covered patio, and a detached garage. A large 70' x 40' metal shop building with concrete floors and two large roll-up truck doors provides ample storage and workshop space. The asking price for this turnkey agricultural property is $2,275,000. This is a rare opportunity to acquire a well-established vineyard with significant improvements, ideal for both farming and personal use.
Cap rate
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Property description
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