For Sale
$2,963,570

25012 Avenue 24Chowchilla, CA 93610

100 Acres, Young Almonds, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity in Chowchilla, CA, featuring 100.46± acres of young, producing almond orchards planted on Nemaguard rootstock and currently in their 6th leaf. This property boasts significant income potential with two rental houses generating monthly income: a 2,985 square foot, 4-bedroom, 3-bathroom house built in 1983, currently rented for $1,000 per month, and a smaller studio unit with a historical rental rate of $500 per month. Further enhancing the income stream is a shop currently rented for $700 per month, providing additional revenue. A modular home with a current life estate is also situated on the property. The land is zoned AE-40 and is located within a Williamson Act contract. The property is served by the Madera Irrigation District. This offering presents a compelling combination of agricultural income, rental income, and potential tax depreciation benefits, making it an attractive investment opportunity. The asking price is $2,963,570, with a price per acre of $29,500. The property's APN is 030-291-002 and is located at 25012 Avenue 24, Chowchilla, CA 93610.

Highlights

  • Madera Irrigation District water rights.
  • 100.46± acres of income-producing young almond orchards (6th leaf, Nemaguard rootstock).
  • Potential tax depreciation benefits.

Property Details for 25012 Avenue 24

Property type
Land, Farms
Lot Size (sq. ft)
4,376,038 SF

Location Insight

City
Chowchilla
County
Madera
State
California
Latitude
37.097949088901
Longitude
-120.08822775977
25012 Avenue 24, Chowchilla, California

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25012 Avenue 24
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