80.22 Acre Madera Pistachios
Income and Depreciation available
Marketing description
Location
The subject property is located on the south side of Avenue 20 1/2 one quarter of a mile west of Road 30 in the Pacific Lighting district of Madera, CA
Description
This opportunity is 80.22 +/- acres of pistachios on 2 parcels. Fields K25 and K30.
Parcel #’s
Madera County APN’s: 031-111-019 & 031-111-024
Zoning
ARV-20
Crops
Approximately 80.22 acres of Kerman pistachios on Atlantica rootstock. The orchard is professionally managed. The trees are irrigated with district water delivered through micro-sprinklers.
Soil
According to USDA California Revised Storie Index, Grade 3 soils; see attached soils map for description.
Water & Irrigation
This ranch is irrigated with water from the Madera Water District. A second source of water comes from Madera Irrigation District and is utilized when available. The water is delivered to the trees from a district turnout at each parcel through micro-sprinklers.
SGMA
The Sustainable Groundwater Management Act passed in 2014 requires groundwater basins be sustainable by 2040 and requires Groundwater Sustainability Plans (GSP) by 2020. GSPs may limit the amount of well water pumped.
For more information go to https://water.ca.gov/Programs/Goundwater-Management/SGMA-Groundwater-Management
Price/Terms
$802,200 ($10,000/acre) cash at close of escrow.
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