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Property profile & analytics
OFF-MARKET
Land

23 1/2 Chowchilla, CA 93610

18.73 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in Madera County, CA, featuring 18.73 acres of land, predominantly planted with approximately 17 acres of young Independence almonds established in February 2022. The property boasts a robust irrigation system including a Chowchilla Water District outtake with a new 7.5 HP pump delivering 275 GPM, complemented by 2-stage stand filters installed in 2023. Further enhancing the property's potential is a 10-inch, 425-foot agricultural well (pump not yet installed). A 1,026 square foot mobile home, currently rented for an annual income of $10,000, provides additional revenue streams. The property also includes a 1,000 square foot dairy barn housed within a 20-foot pole shed. Conveniently located on the northwest corner of Ave 23 1/2 and Rd 7, this property offers easy access, situated just a quarter mile north of Highway 152. The APN is 020-050-020. Asking price is $730,470. This property presents a unique blend of agricultural production and income-generating potential, making it an attractive investment for discerning buyers.

Property profile
Verified
Property type Land
Lot 18.73 ac (815,879 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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