12487 Avenue 14Madera, CA 93637
- Agricultural properties
- 629.30 AC
Property Details for 12487 Avenue 14
- Lot size
- 629.30 AC
- Property type
- Agricultural properties
- Property subtype
- Other land
Description
Exceptional 629.3-acre vineyard in Madera County, CA, presents a lucrative investment opportunity. This established property boasts long-term contracts with major wineries, ensuring consistent income. The vineyard produces high-quality Grenache, Merlot, Chardonnay, and Rubired grapes, with new Chardonnay vines nearing completion on approximately 100 acres, promising future growth. The property features a robust irrigation system, including seven wells generating over 8,000 GPM, fed by a 16,000 sq ft reservoir and a single-line drip irrigation system. Extensive infrastructure includes a 4,400 sq ft maintenance shed within a 42,000 sq ft staging area, ideal for commercial and agricultural operations. The current contracts extend through 2024 and beyond, with escalating base rates built into each agreement. Located in a warm, sunny, and flat area of Madera, the vineyard benefits from ideal soil and mineral composition. The property is zoned ARE-40 and offered at $13,150,000 ($20,875/acre). This is a rare chance to acquire a world-class vineyard with a proven track record and significant future potential. The APN is 043-044-002, and the sale is structured for a 1031 exchange.
Location Insight
- City
- Madera
- County
- Madera
- State
- California
- Latitude
- 36.9599
- Longitude
- -120.319
Comparable in this City
Similar Nearby for Sale
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