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Property profile & analytics
OFF-MARKET
Land

20481 Avenue 26 Chowchilla, CA 93610

318.48 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 318.48 ac (13,872,989 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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