Pearson Realty

720.9 acs. Madera Almond Opportunity

$16,942,000

Madera, CA

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Status: Sale Pending
Acres: 720.9±
Price Per Acre: $23,501


Description

This opportunity is located in the desirable farming area of Madera, Ca. The offering is planted to 720.9± acres of Almonds established in January 2016. The farm has a strong history of field and vegetable crops including but not limited to: carrots, tomatoes, garlic, potatoes, and onions. The property is irrigated with well water and all but 110.64± acres are located in non-contract delivery areas of Madera Irrigation District and Gravely Ford Water District.


Location

From Madera the land is best accessed from Road 21, 1/2 mile south of Avenue 10 on the west side of Rd. 21, approximately 11.5± miles southwest of Madera, 29.5± miles north of Fresno, 136.3± miles north of Bakersfield, 245.6± miles north of Los Angles, and 171.4± miles south of San Francisco.


Legal

APN’s: 044-121-003, 044-131-008, 044-132-002 and 003, 044-192-010.


Water

The property is irrigated by 7 Ag wells (3 wells were drilled in late 2015 and are being equiped now), there are 3 other Ag wells being used for water trucks or backups, and all but 110.64± acres are located in non-contract delivery areas of Madera Irrigation District and Gravely Ford Water District. The Ag wells are equipped with various horse power electric motors ranging from 50HP to 200HP. All new wells under construction will be finished with electric equipment connected to PG&E ready to pump, in the interim diesel powered motors and gear heads will run those units. According to the Seller the 7 wells will/are producing approximately 9,990± GPM total flow or 13.86± GPM/crop acre. Qualified Buyers may contact listing agent for copies of detailed well records, pump records, pump tests and water quality samples. 469.40± acres are located in the Madera Irrigation District (MID) non-contract service area with 3 non-contract turnouts (16, 17 and 18) and 151.60± acres are located in the Gravely Ford Water District (GF) non-contract service area. The Almonds are irrigated by double line drip systems, sand media filters, and electric boosters with VFD panels. The interim diesel boosters, diesel motors, fuel tanks and gear heads are excluded from the sale as they belong to the Tenant or Grimmway.


Zoning

Zoned ARE-40 except parcel 044-132-003 is zoned OS, and all the property is enrolled in the Williamson Act according to the county website.