26 Side Of Ave 20 Madera, CA 93638
This exceptional 40.01-acre agricultural property in Madera County, California, presents a lucrative investment opportunity. Located east of Road 26 and north of Avenue 20, Madera, CA 93638 (APN 029-160-014), the land is zoned AE - Agriculture Exclusive. The orchard boasts mature Kerman/Peters pistachios grafted onto Atlantica rootstock, ensuring high yields. Irrigation is provided by a reliable dual-line drip system, pressurized by the Madera Water District. Importantly, this parcel has water rights through the Madera Irrigation District, granting access to irrigation water when available. Further enhancing its value, the property benefits from access to supplemental surface water via the Madera Lake Project, anticipated for completion in 2025. This project, funded in part by grants, will provide additional water to subordinate parcels like this one when surplus water becomes available. The property's location, mature trees, efficient irrigation, and access to supplemental water sources combine to create a strong and stable investment in California agriculture. The asking price for this productive orchard is $600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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