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    Mixed-use properties

    00 Avenue 20 1/2, Madera, CA 93638

    1,756,339 SF 40 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40-acre pistachio farm in Madera County, California, presents a lucrative investment opportunity. Established in 1972, this meticulously maintained property boasts approximately 129 Atlantica pistachio trees per acre, spaced at 13 feet by 26 feet for optimal growth. The farm's irrigation system draws from the Madera Water District and includes a MID hookup, ensuring a reliable water supply. Approximately 4.5% of the trees are male, maintaining healthy pollination. The property features a total of 1,756,339 square feet and is zoned MHA. The asking price is $319,000, or $0.18 per square foot. The 2024 harvest is expected to be astounding, with promising projections for 2025. The property is currently free of structures, offering flexibility for future development. The seller may consider financing options with favorable terms. This is a rare opportunity to acquire a productive and well-established pistachio farm in a prime agricultural location. The property's APN is 031-101-006-000, and the address is 00 Ave 20 1/2, Madera, CA 93638. This APN is annexed as subordinate to the Madera Irrigation District and is scheduled to receive surface water.

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 1,756,339 SF
    Lot 40 ac (1,742,400 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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