40.03 Acre Ave 20½ Madera Pistachios
Pistachios offer potential tax benefits
Marketing description
Location
The subject property is located on the north side of Avenue 20 1/2 approximately 1/4 of a mile west of Road 27 in the Pacific Lighting district of Madera, CA 93638.
Description
This opportunity is approximately 40.03 acres of pistachios on 1 parcel. This orchard is professionally managed and maintained by a local farm management company.
Parcel #’s
Madera County APN: 029-160-009
Zoning
MHA
Crops
Approximately 40.03 acres of Kerman pistachios on Atlantica rootstock planted in the 1970’s. The tree spacing is 24’ X 12’.
Soil
According to USDA California Revised Storie Index, this parcel consists of Grade 3 soils; see 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 via a dual line drip system.
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
$320,240 ($8,000 per acre) cash at close of escrow.
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