12 And Hwy Madera, CA 93636
This exceptional 79.78-acre property, located at the intersection of Avenue 12 and Highway 41 in Madera, California (zip code 93636), presents a unique investment opportunity. The land is zoned ARV-20, allowing for both commercial and residential development. The property includes two parcels (APN 049-032-010 and 049-032-020), totaling approximately 40 acres of producing navel orange citrus groves and an additional 39.78 acres. This strategic location offers significant advantages, including proximity to the future Community Hospital, enhancing its potential value. The property boasts an on-site well, adding to its self-sufficiency. With its substantial size and versatile zoning, this land is ideal for a variety of development projects, making it an attractive investment for both commercial and residential ventures. The asking price is $4,900,000. This represents a compelling opportunity to acquire a large parcel of land in a rapidly growing area of Madera County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.