$1,440,000
Madera, CA 93636
MLS# 225826
Status: Closed

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Property Description
Great opportunity to add this +/-80 acre pistachio orchard to your portfolio. It has two (2) sources of water, is conveniently located close to CA-Highway 41. The property is surrounded by home developments, offering great potential for future residential development. Property is planted to Kerman Pistachios on Atlantica Rootstock. Spacing is 30′ x 13′. Planted in 1972. Property is located in Madera Irrigation District and part of Madera Irrigation District GSA. It has one (1) new well with a 125 HP pump. Trees are irrigated via micro-sprinklers. Property is zoned ARE-20. Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website.
Details
Maps
Property Information
Area: Out of Area
Property Sub-Type: Permanent Planting
Street Name: Hwy 41
State/Province: CA
Zip Code: 93636
APN: 049024011000
County: Madera
Lot Acres: 80.37
Lot SqFt: 3500917
Lot Size Source: Public Records
Lot Dimensions: Irregular
Additional Parcels Y/N: No
Listing Information
Original List Price: 1440000
Status: Closed
Listing Date: 2023-09-28
Listing Price: 1440000
Current Price: $1,440,000
List Price/Acre: 17917.13
Showing Information
Directions to Property: From Fresno take Hwy 41 north 1 mile past Avenue 12, Turn west into easement road proceed 1/2 mile to the corner of the property
Remarks
Marketing Remarks: Great opportunity to add this +/-80 acre pistachio orchard to your portfolio. It has two (2) sources of water, is conveniently located close to CA-Highway 41. The property is surrounded by home developments, offering great potential for future residential development.
Property is planted to Kerman Pistachios on Atlantica Rootstock. Spacing is 30′ x 13′. Planted in 1972.
Property is located in Madera Irrigation District and part of Madera Irrigation District GSA. It has one (1) new well with a 125 HP pump.
Trees are irrigated via micro-sprinklers.
Property is zoned ARE-20.
Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website.
General Information
Garage: No
Status Change Info
Pending Date: 2023-10-05
Status Change Date: 2024-01-09
Close Date: 2024-01-05
Close Price: 1440000
Close Price/Acre: 17917.13
Property Features
Utilities: Electricity Available
Water: Surface; Well
Listing Terms: 1031 Exchange; Cash; Conventional
Current Use: Agricultural; Orchard
Permanent Crops: Pistachios
Listing Office: Schuil Ag Real Estate
Listing Agent: Stephen Schuil
Agent Email: schuilre@gmail.com
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.