Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    26 And Ave Raymond, CA 93610

    • Land
    • 160.42 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 26 And Ave

    Lot size
    160.42 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 160.42-acre agricultural property in Chowchilla, CA, presents a compelling investment opportunity. Located near the intersection of Road 26 and Avenue 24, east of Chowchilla and north of Madera, this land is fully planted with almonds. Approximately 80 acres are currently in production, while another 80 acres have been abandoned, offering potential for future development or replanting. The orchard comprises four blocks: Block 825-0 (40 acres planted in 2015 with a mix of Nonpareil, Aldrich, and Wood Colony varieties)

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raymond
    County
    Madera
    State
    California
    Longitude
    -120.075
    Latitude
    37.098

    Comparable in this City

    • Value Estimation by Request
      13.27 Acres

      22492 Road 19

      Farms • 13.27 Acres
      22492 Road 19, Chowchilla, CA 93610
      View Details
    • Value Estimation by Request
      80.00 Acres

      Chowchilla, CA 93610

      Farms • 80.00 Acres
      Chowchilla, CA 93610
      View Details
    • Value Estimation by Request
      380.33 Acres

      Of Ave. 27 ½ & Rd 24

      Farms • 380.33 Acres
      0 Of Ave. 27 ½ & Rd 24, Chowchilla, CA 93610
      View Details
    • Value Estimation by Request
      18.73 Acres

      23 1/2

      Farms • 18.73 Acres
      23 1/2, Chowchilla, CA 93610
      View Details
    • Value Estimation by Request
      556.10 Acres

      Avenue 26

      Farms • 556.10 Acres
      0 Avenue 26, Chowchilla, CA 93610
      View Details
    • Value Estimation by Request
      318.19 Acres

      Avenue 21

      Farms • 318.19 Acres
      0 Avenue 21, Chowchilla, CA 93610
      View Details

    Similar Nearby for Sale

    • $7,500,000
      403.00 Acres

      Prime Madera County Agricultural Land

      403 Acres, $7.5M, Irrigated Almonds
      0 Avenue 26, Chowchilla, CA 93610
      View Details
    • $7,600,000
      380.33 Acres

      El Rancho Berenda: Prime Ag Land

      380 Acres, Almonds & Figs, CA
      0 Of Ave. 27 ½ & Rd 24, Chowchilla, CA 93610
      View Details
    • $2,426,484
      151.25 Acres

      Prime Madera County Fig Ranch

      151 Acres, Abundant Water Rights
      0 Of Intersection Of Ave. 27 ½ And Rd 26, Madera, CA 93610
      View Details
    • $1,374,000
      80.00 Acres

      Prime Chowchilla Fig Orchard

      80 Acres, Irrigated Fig Land, $1.374M
      Chowchilla, CA 93610
      View Details
    • $883,520
      40.16 Acres

      Prime Chowchilla Almond Orchard

      40 Acres of Producing Almonds in CA
      1/2 Of Hwy 152, Chowchilla, CA 93610
      View Details
    • $450,000
      13.27 Acres

      Prime Chowchilla Farmland

      13.27 Acres, $450K, Hwy 99 Access
      22492 Road 19, Chowchilla, CA 93610
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Chowchilla Land Pads Available

      Fast food and hotel pads for sale or lease.
      313 Prosperity Blvd, Chowchilla, CA 93610
      View Details
    • $1.00 SF/Yr
      4,525 SF

      Retail Space in Chowchilla

      Retail spaces available in high-traffic Chowchilla location.
      305 S Chowchilla Blvd, Chowchilla, CA 93610
      View Details
    • $1.25 SF/Yr
      18,160 SF

      High-Traffic Retail Center Space

      Retail spaces available in recently renovated, high-traffic Chowchilla center.
      1702-1780 Robertson Blvd, Chowchilla, CA 93610
      View Details
    • $1.00 SF/Yr
      12,000 SF

      Chowchilla Industrial Warehouse For Lease

      12,000 SF clear span warehouse with immediate occupancy.
      21707 Road 20, Chowchilla, CA 93610
      View Details
    • $1.15 SF/Yr
      1,893 SF

      Professional Office Space Available

      Freestanding office building with parking and new finishes.
      3275 E Robertson Blvd, Chowchilla, CA 93610
      View Details
    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.
    26 And Ave
    Raymond, CA 93610
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.