14125 Avenue 18 1/2 Chowchilla, CA 93610
Exceptional investment opportunity: +/- 76.37 acres of prime agricultural land located at 14125 Avenue 18 1/2, Chowchilla, CA 93610, on the northeast corner of Road 14 and Avenue 18 1/2. This property is currently planted in corn (2024) and previously in tomatoes (2023), demonstrating its suitability for irrigated row crops. The land is served by the Chowchilla Water District and its GSA, featuring one well with a 75 HP pump and one district turnout, both conveniently located on the northeast corner. An underground drip tape irrigation system is in place. Note that rental filters are not included in the sale. Madera County APNs are 023-110-001 and 023-110-002. Detailed soil information is available via a separate soil map. Potential buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, with further details available at the SGMA website. Asking price: $1,489,215. This represents a unique chance to acquire established, productive farmland in a desirable agricultural region. Don't miss this opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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