12498 Avenue 14 Madera, CA 93637
- Commercial real estate
- 637.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12498 Avenue 14
- Lot size
- 637.03 lot acres
- Property type
- Commercial real estate
- APN
- 043-093-001, 043-093-002, and 043-093-003.
Description
This exceptional investment opportunity encompasses approximately 637.03 assessed acres of productive Kerman pistachio orchards situated in Madera County, California, at 12498 Avenue 14, Madera, CA 93637. The property boasts a diverse planting history, with approximately 282.64 acres planted in 2004 on PG1 rootstock, 181.94 acres planted in 2008 on UCB1 rootstock, and 146.91 acres planted in 2015 on UCB1 rootstock. The orchards are arranged at a 17' x 19' spacing. Water resources are substantial, including five agricultural wells (two 250HP, one 200HP, and two 50HP) and two domestic wells, supplemented by a centrally located reservoir. Importantly, while not within any irrigation districts, the property is part of the Madera County GSA. On-site improvements include a single-family home, a mobile home, and a shop. The property is identified by Madera County APNs: 043-093-001, 043-093-002, and 043-093-003. Detailed soil information is available upon request. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, details of which can be found at the SGMA website. This is a significant income-producing agricultural asset with considerable potential. The asking price is $14,300,000.
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
- -120.31920807771
- Latitude
- 36.952711073051
