12487 Avenue 14 Madera, CA 93637

Property Details for 12487 Avenue 14

Lot size

629.30 lot acres

Property type

Commercial real estate

APN

043-044-002

Description

Exceptional 629.3-acre vineyard in Madera County, CA, presents a lucrative investment opportunity. This established property boasts long-term contracts with major wineries, ensuring consistent income. The vineyard produces high-quality Grenache, Merlot, Chardonnay, and Rubired grapes, with new Chardonnay vines nearing completion on approximately 100 acres, promising future growth. The property features a robust irrigation system, including seven wells generating over 8,000 GPM, fed by a 16,000 sq ft reservoir and a single-line drip irrigation system. Extensive infrastructure includes a 4,400 sq ft maintenance shed within a 42,000 sq ft staging area, ideal for commercial and agricultural operations. The current contracts extend through 2024 and beyond, with escalating base rates built into each agreement. Located in a warm, sunny, and flat area of Madera, the vineyard benefits from ideal soil and mineral composition. The property is zoned ARE-40 and offered at $13,150,000 ($20,875/acre). This is a rare chance to acquire a world-class vineyard with a proven track record and significant future potential. The APN is 043-044-002, and the sale is structured for a 1031 exchange.