28220 Avenue 20 1/2 Madera, CA 93638
- Land
- 80.22 lot acres
Current Use by Public Records
- Land
Property Details for 28220 Avenue 20 1/2
- Lot size
- 80.22 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional investment opportunity presents 80.22± acres of high-yielding Kerman pistachios situated on two parcels in Madera County, California. The orchard, located on the south side of Avenue 20 1/2, a quarter mile west of Road 30 in the Pacific Lighting district, boasts mature trees on Atlantica rootstock, professionally managed for optimal production. Irrigation is efficiently managed via micro-sprinklers utilizing water from the Madera Water District, supplemented by the Madera Irrigation District when available. The property's soil quality is classified as Grade 3 according to the USDA California Revised Storie Index (a detailed soil map is available). The land is zoned ARV-20. Parcel numbers are Madera County APN’s: 031-111-019 & 031-111-024. The asking price is $1,002,750, or approximately $12,500 per acre, with cash payment required at the close of escrow. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) of 2014 and its implications for groundwater usage. Further information regarding SGMA and Groundwater Sustainability Plans (GSPs) can be found at the California Department of Water Resources website. This property offers a unique chance to acquire a productive and well-maintained agricultural asset in a desirable location. The property's address is 28220 Ave 20 1/2, Madera, CA 93638.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madera
- County
- Madera
- State
- California
- Longitude
- -120.036
- Latitude
- 37.0458
