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0 Hwy 41 Madera, CA 93636
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Key Details
Sold Price $1,440,000
Property Type Commercial
Sub Type Nut Crops
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 228785
Sold Date 01/08/24
Originating Board Kings County
Lot Size 80 Sqft
Property Sub-Type Nut Crops
Property Description
Great opportunity to add this +/-80 acre pistachio orchard to your portfolio. It has two (2) sources of water, is conveniently located close to CA-Highway 41. The property is surrounded by home developments, offering great potential for future residential development. Property is planted to Kerman Pistachios on Atlantica Rootstock. Spacing is 30′ x 13′. Planted in 1972. Property is located in Madera Irrigation District and part of Madera Irrigation District GSA. It has one (1) new well with a 125 HP pump. Trees are irrigated via micro-sprinklers. Property is zoned ARE-20. Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website.
Location
State CA
County Madera
Area California
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Bought with Area Out Of • Out Of Area