32.02 Acre Eastbay Madera Pistachios
Pistachios provide income and offer potential tax benefits
Marketing description
Location
Exciting Opportunity! The subject property is located at 20636 Road 26, Madera CA 93638. Located just north of the expanding areas of Madera Acres and the Madera Golf and country Club. The west end of the property is along Road 26 and the east edge of the property borders Dry Creek.
Description
This opportunity is a 32.02 +/- acre pistachio orchard that consists of one parcel. This orchard is professionally managed & maintained by a local farm management company. This ranch offers income and potential tax benefits.
Parcel #’s
Madera County APN: 029-160-017
Zoning
MHA - Manufactured Housing Architectural Review Overlayed District
Crops
Approximately 32 acres of mature producing pistachios planted in the 1970’s. The pistachios are Kerman variety on Atlantica rootstock. The tree spacing is 25’ X 13’. Yield available upon request.
Soil
According to USDA California Revised Storie Index the subject property consists of Grades 1 - 5 soils; see attached soil 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 single line fan jet 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
$640,400 ($20,000 per acre) cash at close of escrow.
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