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    OFF-MARKET
    Land

    16388 Avenue 18 1/2, Madera, CA 93637

    80.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 80.03-acre agricultural property in Madera County, California, presents a unique investment opportunity. Located at 16388 Ave 18 1/2, Madera, CA 93637 (APN 028-050-012), the land is zoned ARE-40 (Agricultural Rural Exclusive – 40 acre minimum). The orchard boasts a mix of young and mature almond trees. Block 1 features young Independence almonds planted in 2019, while Block 2 comprises a mature block of Nonpareil, Monterey, and Aldrich varieties planted in 2001. The property includes a newer agricultural well, ensuring reliable irrigation for optimal crop production. This turnkey operation offers immediate income potential and long-term growth prospects within the thriving California almond market. The asking price for this productive land is $1,840,690. Detailed information on water rights and current production yields is available upon request. This is an exceptional opportunity to acquire a well-established and productive almond orchard in a prime agricultural location. Don't miss this chance to own a piece of California's agricultural heritage.

    Property profile
    Verified
    Property type Land
    Lot 80.03 ac (3,486,107 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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