Property profile

20 1/2 Madera, CA 93638

OFF-MARKET
Land
40.32 ac lot
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Property summary

AI-generated overview

This exceptional 40.32-acre agricultural property in Madera County, California, presents a lucrative investment opportunity. Located at the southwest corner of Road 28 and Avenue 20 1/2, the land boasts a productive pistachio orchard, primarily Kerman variety. The original planting dates back to 1974, utilizing Atlantica rootstock. Subsequent replanting efforts have employed Kerman pistachios on UCB-1 rootstock, ensuring continued yield and efficiency. The orchard benefits from a reliable irrigation system, utilizing a mini-sprinkler setup, and is serviced by the Madera Water District. The property's Assessed Parcel Number (APN) is 031-101-006. The asking price is $846,720, translating to $21,000 per acre, reflecting the established income stream and prime location within Madera County's agricultural heartland. This turnkey operation offers immediate returns and significant long-term potential for growth and expansion within the thriving California pistachio market. The property's zip code is 93638. This is a rare opportunity to acquire a well-established, income-generating agricultural asset in a desirable location. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 40.32 ac (1,756,339 SF)

Cap rate & NOI

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

Location

20 1/2 Madera, CA 93638
Madera metro
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Value estimations

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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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