21 1/2 Madera, CA 93638
- Land
- 80.15 lot acres
Current Use by Public Records
- Land
Property Details for 21 1/2
- Lot size
- 80.15 lot acres
- Property type
- Land
Description
This exceptional 80.15-acre commercial property in Madera County, CA, presents a lucrative investment opportunity. The land is planted with a high-yielding Kerman variety pistachio orchard, featuring Peter pollinizer trees on Atlantic rootstock. Trees are spaced approximately 13' x 25', resulting in optimal growth and yield. Detailed production records are available upon request, showcasing the orchard's consistent productivity. The property benefits from Madera Water District service and is also annexed into the Madera Irrigation District as Subordinate Class 3, providing access to supplemental water when available. Irrigation is managed via a single-line drip system with micro-sprinklers. The property comprises two parcels: Madera County APN 031-102-008 (40.07 acres) and APN 031-111-016 (40.08 acres), located south of Avenue 21 and east of Road 28 1/2, approximately 5 miles northeast of Madera, CA. The asking price is $697,305, translating to $10,000 per square foot of land value. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater usage in the region. The SGMA mandates sustainable groundwater basins by 2040 and requires Groundwater Sustainability Plans (GSPs) by 2020, which may potentially limit groundwater pumping. Further information on SGMA can be found at the official website. This property offers a unique blend of established agricultural production and significant commercial potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madera
- County
- Madera
- State
- California
- Longitude
- -120.016
- Latitude
- 37.0615
