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10277 Road 28 1/2 39.4 Acres of Agricultural Land Offered at $1,950,000 in Madera, CA 93637
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,950,000 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 39.40 AC |
| Property Type | Land | ||
| Zoning | ARE-40 - agricultural acres | ||
| Price | $1,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Single Family Development |
| Total Lot Size | 39.40 AC |
| Zoning | ARE-40 - agricultural acres |
1 LOT AVAILABLE
Lot
| Price | $1,950,000 | Lot Size | 39.40 AC |
| Price Per AC | $49,492.39 |
| Price | $1,950,000 |
| Price Per AC | $49,492.39 |
| Lot Size | 39.40 AC |
39.40 acres for sale.
DESCRIPTION
Great country home with new paint and flooring in quiet and serene setting. Turn key, two source almond ranch for depreciation and cashflow, professional farm management in place. 15+- acres planted in 2006, 10+- acres 9th leaf, 12+- acres 4th leaf. All plantings are on 16' X 24' offset spacing, the rows run east and west with the trees being irrigated by dual drip lines. Varieties include 50% Nonpareil, 25% Monterey and 25% Fritz. Ranch has highest class of Madera Irrigation District, with outlet box on SWC of property. 40 HP turbine pump and two sand medium filters. According to the most recent pump test, he standing water level in this area is at 157 feet with a pumping level on this unit at 180 feet, Buyer to verify.It is also noted that adjoining the subject on its northeastern side is a recharging reservoir used by MID which will help the groundwater conditions on this ranch. House is tenant occupied at $2600 per month, do not disturb tenant. Listing agent is Seller.
PROPERTY TAXES
| Parcel Number | 047-210-008 | Improvements Assessment | $475,220 |
| Land Assessment | $79,405 | Total Assessment | $554,625 |
PROPERTY TAXES
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10277 Road 28 1/2
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