20481 Avenue 26 Chowchilla, CA 93610
- Land
- 318.48 lot acres
Current Use by Public Records
- Land
Property Details for 20481 Avenue 26
- Lot size
- 318.48 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 318.48-acre agricultural property in Chowchilla, CA (Madera County, zip code 93610, APN 030-161-001, subject to change) presents a unique investment opportunity. The land is zoned AE (Agricultural Exclusive) and is not subject to the Williamson Act. The property boasts approximately 236 acres of established almond orchards, featuring a mix of mature and younger trees planted in 2005 and 2006. Adding significant value are two existing solar facilities on the property, currently generating approximately 512,000 kilowatt-hours annually, with the potential for annual PG&E offset savings of approximately $92,000. These facilities have a combined capacity of 344.5 kWh. Further enhancing the income stream is a 50-acre solar lease agreement on open land, commencing construction in September 2023 and projected for completion by June 2024. This lease generates $1,000 per acre annually, with a 1.5% annual escalator clause. The property is located at 20481 Avenue 26, Chowchilla, CA. This offering presents a compelling blend of established agricultural production and substantial renewable energy income, creating a diversified and potentially high-yield investment. The asking price for this remarkable property is $2,385,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chowchilla
- County
- Madera
- State
- California
- Longitude
- -120.183
- Latitude
- 37.1273
