0 Road 9 Madera, CA 93622
This exceptional 470.27-acre agricultural property, located on Road 9 between Avenue 7 1/2 and Avenue 14 in Firebaugh, California, presents a lucrative investment opportunity. Planted in 2012 with the Kerman variety of pistachios on UCB1 rootstock at a spacing of 19' x 17', this orchard offers established production potential. The property is not within any irrigation districts but benefits from four agricultural wells, drawing water from the County of Madera GSA-Madera. Detailed soil information is available upon request. The land is zoned ARE-40 and comprises Madera County APNs: 041-260-001, 041-260-002, and 041-260-003. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, details of which can be found on the SGMA website. Offered at $10,700,000, this property represents a significant opportunity in California's thriving agricultural sector. The property's location in Firebaugh, CA, 93622 provides convenient access to transportation and local resources. This is a turnkey operation ready for immediate production.
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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