19.59 acs. Ave 9 Cold Storage
$750,000
Madera, CA
Status: For Sale
Acres: 19.59±
Price Per Acre: $38,285
Description
The property is 19.59± acres of open ground in Madera Irrigation district with an older cold storage facility and office space. There is easy access to Hwy 99 off Ave 9 with the on/off ramp being about 1.2± miles to the west of the property. There are two small homes being rented out on a month-to-month basis and a cold storage facility that has not been operated in roughly 15± years, but the tenant is still paying rent. The current tenant for the cold storage facility plans to remove all equipment that remains on the property or is open to reviewing offers for the equipment to be purchased separate from the land.
Location
The subject property is located roughly 1.2± miles east of Highway 99 on the north side of Ave 9. Physical Address: 32565 Ave 9 Madera, CA 93636.
Legal
047-330-011, 047-330-012, 047-330-013
Water
The property is located within Madera Irrigation District and entitled to receive surface water. There is an MID turnout for APN 047-330-012, but the property has not received water deliveries in many years. There is one submersible well which provides water for the buildings and two rental houses.
Zoning
ARE-20, Agricultural Exclusive - 20 acres. The property is not enrolled in the Williamson Act.