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https://www.londonproperties.com/property/link/tulare/240866/5250-E-Adams-Ave/Fowler/https://www.londonproperties.com/images/props/tulare/full/240866.jpgLondon Properties Fowler Real Estate | 5250 E Adams Ave
Terra West Group is pleased to present the opportunity to acquire a well-located producing vineyard with residential development potential on Highway 99 and Adams Avenue in Fowler, California. The subject property totals ±28.80 acres and is situated on the north side of Adams Avenue and the west side of Highway 99 offering strong visibility and frontage along Central California's main corridor. This highly visible and accessible location benefits from young, producing vines with a strong winery contract. The property provides very strong development potential as it is in the City of Fowler General plan zoned medium density residential and will be out of the Williamson Act in December 2027. The seller is open to a sale-leaseback of the ranch. The ranch is planted to ±15-acres of Ruby Red Wine Grapes and ±12-acres of Thompson Raisin Grapes. The Ruby Red wine grapes are contract with Gallo Winery on a 13-year contract. Given its size, freeway frontage, and access, the property presents an excellent opportunity for future residential development. In addition, the winery contract, young vines, and potential lease-back structure make this an excellent investment opportunity. All combined, these factors make this a compelling opportunity for investors or developers looking to acquire prime freeway frontage land.
Property Type
Farm
Property Sub-Type
Permanent Planting
Days On London
21
Cumulative Days On London
21
County
Fresno
Directions to Property
From Freeway 99 south, exit Adams Avenue. The parcels will be immediately adjacent to the south of the Adams Avenue exit with Adams Avenue along the northern boundary and Freeway 99 along the western boundary.
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Courtesy of Nic Heinrichs, Terra West Group
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.