Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    19338 Road 18 Madera, CA 93637
    Back to Search
    Property profile & analytics

    19338 Road 18 Madera, CA 93637

    View on Map
    • Land
    • 152.16 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 19338 Road 18

    Lot size
    152.16 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 152.16-acre agricultural property in Madera County, California, presents a unique investment opportunity. Located at 19338 Rd 18, Madera, CA 93637 (APN 028-020-006), the land is zoned AE - Agricultural Exclusive under the Williamson Act. The orchard features approximately 75% Nonpareil and 25% Fritz variety almonds, planted in 2008 and 2009, within a renowned growing region. Two irrigation pump/wells provide reliable water sources, ensuring consistent productivity. The property also includes a comfortable home and multiple shops, adding significant value and utility. The established almond orchard offers potential for continued high yields, or the land could be adapted to cultivate other permanent crops such as pistachios, grapes, tree fruit, or blueberries. This turnkey operation is offered at $3,499,680 and represents a compelling investment in California agriculture. The property is served by the Madera Irrigation District.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -120.221
    Latitude
    37.03

    Comparable in this City

    • Value Estimation by Request
      2,815.69 Acres

      Road 16

      Farms • 2,815.69 Acres
      0 Road 16, Madera, CA 93637
      View Details
    • Value Estimation by Request
      80.03 Acres

      16388 Avenue 18 1/2

      Farms • 80.03 Acres
      16388 Avenue 18 1/2, Madera, CA 93637
      View Details
    • Value Estimation by Request
      75.80 Acres

      24706 Avenue 8

      Farms • 75.80 Acres
      24706 Avenue 8, Madera, CA 93637
      View Details
    • Value Estimation by Request
      478.23 Acres

      18491 Avenue 7

      Farms • 478.23 Acres
      18491 Avenue 7, Madera, CA 93637
      View Details
    • Value Estimation by Request
      629.30 Acres

      12487 Avenue 14

      Farms • 629.30 Acres
      12487 Avenue 14, Madera, CA 93637
      View Details
    • Value Estimation by Request
      92.86 Acres

      6286 Road 27 1/2

      Farms • 92.86 Acres
      6286 Road 27 1/2, Madera, CA 93637
      View Details

    Similar Nearby for Sale

    • $1,110,000

      Income Producing Almond Orchard

      39.57 acres with income-producing almond orchard in Ripperdan area.
      28697 Avenue 5, Madera, CA 93637
      View Details
    • $12,000,000

      Large Ranch with Almond Orchard

      1,265 acre ranch with almond orchard and pasture.
      11885 Road 9, Madera, CA 93637
      View Details
    • $1,600,000
      57.75 Acres

      Productive Walnut Ranch in Madera

      57-acre walnut ranch in Madera Irrigation District.
      24290 Avenue 5, Madera, CA 93637
      View Details
    • Contact for pricing

      Land in Central Madera Location

      Centrally located land, easy commute to Madera and Fresno.
      700 S G St, Madera, CA 93637
      View Details
    • $3,228,000
      28.92 Acres

      Madera Industrial Land - $3.2M

      28 Acres, Prime Development Site
      0 Pine St, Madera, CA 93637
      View Details
    • $1,999,990

      Madera Land For Sale

      Land available for purchase in Madera, California.
      16388 Avenue 18 1/2, Madera, CA 93637
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Development Land For Lease

      5.07± acres of prime retail development land for lease.
      708 W Yosemite Ave, Madera, CA 93637
      View Details
    • Contact for pricing

      Freeway Location Land for Lease

      Land available for lease near future casino and hotel.
      36.997815 -120.107197, Madera, CA 93637
      View Details
    • Contact for pricing
      4,600 SF

      Retail Space in Growing Area

      Retail space available in fast-growing new development area.
      14 Avenue 14 1/2, Madera, CA 93637
      View Details
    • Contact for pricing
      50,274 SF

      Madera Office/Warehouse with Yard

      Shovel-ready lots for office/warehouse with yard in Madera, CA.
      1016 S Pine St, Madera, CA 93637
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, ranging from 1,300 to 3,000 square feet.
      801 S Gateway Dr, Madera, CA 93637
      View Details
    • Contact for pricing

      Retail Space at Madera Fair

      Retail space available in a busy shopping center.
      2060 W Cleveland Ave, Madera, CA 93637
      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.
    19338 Road 18
    Madera, CA 93637
    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

    Thank You for Inquiry
    19338 Road 18, Madera, CA, 93637
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!