Ave 20 1/2, Madera, CA 93638

Location

The subject property is located on the north side of Ave 20 1/2; 1/4 mile east of Rd 29, Madera, CA approximately 5 miles north of the City of Madera and 8 miles east of the 99 Freeway.

Description

This opportunity is 39.01 +/- acres on one parcel, with mature producing pistachios. The property has surface water delivered through Madera Water District and is within the boundaries of Madera Irrigation District subordinate region.

Parcel #’s

Madera County APN: 031-111-031

Zoning

ARV-20

Crops

Approximately 39.01 acres of mature pistachios. The pistachio trees are Kerman variety on Atlantica rootstock. This orchard is professionally managed and maintained by a local farm management company.

Soil

According to USDA California Revised Storie Index the subject property consists of mostly Grade 3 and some Grade 2 soils.

Water & Irrigation

This entire ranch has surface water delivered through the Madera Water District and lies within the boundaries of Madera Irrigation District subordinate region for a second source of water when available. The pistachios are irrigated with the district water through a drip irrigation 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

$390,100 ($10,000 per acre) cash at close of escrow.