Property profile

31355 Avenue 10 Madera, CA 93636

OFF-MARKET
Land
108.2 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: 108.2-acre raisin vineyard in Madera County, California. This property boasts a prime location within a renowned grape and nut growing region, benefiting from Madera Irrigation District water entitlements, including both pumps and wells. The land is zoned AE-20 (Agl Exclusive - 20 ac minimum parcel size) and is enrolled in the Williamson Act. On-site improvements include a substantial 5,000 square foot metal shop situated within a fenced equipment yard, ideal for storage and operations. Adding to the property's income potential is a 3,657 square foot home currently leased for $1,851 per month, providing supplemental rental revenue. The vineyard is planted with Thompson Seedless grapes. This offering presents a unique chance to acquire a well-established agricultural property with existing infrastructure and strong income potential. Note that additional acreage in the area is also available for purchase (details available upon request). The property is located at 31355 Ave 10, Madera, CA 93636, APN 047-240-012. Asking price is $3,000,000.

Property profile

Verified
Property type Land
Lot 108.2 ac (4,713,192 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31355 Avenue 10 Madera, CA 93636
Madera metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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