PRICE REDUCTION!!! - Reported 2,458.51 net planted acres of wine grape vineyards. Another 453.27 acres are contained within open areas where vineyards were recently removed to provide set-aside land for water purposes with 3.10 acres in three reservoir sites, 7.55 acres in four farmsteads, 9.90 acres in yard areas, 10.40 acres in two solar sites and 258.97 acres in supporting farm roads, well sites and periphery. Irrigation is provided by 20 wells with supplemental water from the Eastside Bypass and the Ash Slough. A portion of the property is also eligible to receive Chowchilla Water District supplies during wet years. However, the strength of this property is that it is currently under an attractive long-term lease agreementto a high quality tenant with atermination date of December 31,2036. Rent is basedon a payable size of 2,457.20 acres, leaving additional acreage fallow for water set-aside. The lease provides a generous income to the property owner that results in a nearly 10% rate of return! It is perfect for investors or local growers looking to expand while making passive income. See attached brochure for more information.
Property Type
Land
Property Subtype 1
Agriculture
Current Use
Vineyard
Possible Use
Agricultural
Other Equipment
Vineyard
Perc Test/Septic Design
None
Development Status
Farm Land
Directions to Property
Do not enter property without permission of broker. Directions to Property From Hwy 99, take Avenue 18 west to Road 4. From Hwy 152, take Road 4/Lincoln Road south at Red Top to Avenue 18. The property is located on the northeast corner of Avenue 18 and Road 4. It is bisected by the Eastside Bypass and Ash Slough
Cross Street
Avenue 18 1/2
County
Madera
Special Listing Conditions
None
Other Structures
Modular Home, Residence, Shed(s), Shop
Additional Living Unit
No
Utilities
Propane
Electric
Electric Available
Irrigation
Creek Seasonal, District
Water Source
Agricultural Well, Domestic Well With Pump
Sewer
Standard Septic
Lot Features
Shape Irregular, See Remarks
APN
020 220 003
APN #3
020 190 009
Additional APNs
Yes
APN #2
020 160 016
Topography
Mostly Level
Road Frontage Type
Private Road
Soil
Class 1, Class 2, Class 3, Class 4
Vegetation
Vineyard
View Description
River, Vineyard
Horse Property
No
Road Surface Type
Paved
Road Responsibility
Public Maintained Road
Zoning
ARE-20
Zoning Description
Agricultural
Crops
Other
List AOR
MetroList Services, Inc.
Association
No
School District (County)
Madera
Elementary School District
Chowchilla Elementary
Middle or Junior School District
Chowchilla Elementary
Senior High School District
Chowchilla Union High
Distance To Electric
Electricity To Site
Distance To Sewer
Septic At Site
Distance To Phone Service
Phone To Site
Income Includes
Lease
71109
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Courtesy of Anthony Toso, Edwards, Lien &Toso, Inc. IDX provided by Reliance Marketing
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