Property summary
This exceptional 92.86-acre agricultural property in Madera County, California, presents a unique investment opportunity. Located on Road 27 1/2 near the intersection of SR 145, between Madera and Kerman, and close to Highway 99, this land boasts a highly desirable location. The property features a mature Thompson Seedless vineyard, characterized by level to gently sloping terrain, ideal for cultivation. Water resources are secured through the Madera Irrigation District, supplemented by a deep well equipped with a pump and drip filter system. The property is zoned AE and is not enrolled in the Williamson Act, offering potential flexibility for future development. The APN is 040-102-005 & 006, and the zip code is 93637. Its proximity to the Sun-Maid Transfer Station suggests potential for agricultural or industrial-related business development. Existing improvements include a residence, storage area, and the established vineyard itself. This property offers a compelling combination of established agricultural production and potential for future expansion or diversification. The asking price is $2,878,660. Serious inquiries only.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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Zoning
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