Property profile

0 Avenue 23 Madera, CA 93638

OFF-MARKET
Land
439.39 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional investment opportunity: 439.39± acres of mature pistachio orchard in Madera County, California. This well-maintained property boasts a contiguous layout, professionally managed, and benefits from a sophisticated irrigation system. The irrigation system includes a combination of micro-sprinkler and drip lines, supported by filter stations and a reservoir. Three wells provide ample water supply, with an estimated combined yield of 2,800± gallons per minute upon completion of the pumping station for the newest well. In 2023, 736± acre-feet of non-CVP surface water were purchased and transported from Madera Irrigation District (MID) via canal #232. While not within MID boundaries, this water source has been consistently utilized in recent years. The property is conveniently located approximately 6.5 miles east of Freeway 99, offering easy access to major transportation routes. The eleven parcels (APN: 030-311-007, 008, 009, 010, 011, 015, 016, 017, 018, 019 & 020) are zoned ARE-40, Ag Exclusive – requiring a minimum parcel size of 40 acres and situated within the Madera County Farmland Security Zone. The property enjoys approximately half a mile of frontage on Road 26. Asking price: $9,666,580.

Property profile

Verified
Property type Land
Lot 439.39 ac (19,139,828 SF)

Cap rate & NOI

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

Location

Avenue 23 Madera, CA 93638
Madera metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Avenue 23?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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