23 1/2 Chowchilla, CA 93610
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.
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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