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Geoff Goolsby

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$ 38,750,000

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20303 Road 4 Chowchilla, CA 93610

49,299.44 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Agriculture

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226070048

HOA Y/N No

Lot Size 49299.441 Acres

Acres 3201.7

Property Sub-Type Agriculture

Source MLS Metrolist

Property Description

Reported 2,458.51 net planted acres of wine grape vineyards. Another 453.27 acres are contained within open areas where vineyards were recently removed to provide set-aside land for water purposes with 3.10 acres in three reservoir sites, 7.55 acres in four farmsteads, 9.90 acres in yard areas, 10.40 acres in two solar sites and 258.97 acres in supporting farm roads, well sites and periphery. Irrigation is provided by 20 wells with supplemental water from the Eastside Bypass and the Ash Slough. A portion of the property is also eligible to receive Chowchilla Water District supplies during wet years. However, the strength of this property is that it is currently under an attractive long-term lease agreementto a high quality tenant with atermination date of December 31,2036. Rent is basedon a payable size of 2,457.20 acres, leaving additional acreage fallow for water set-aside. The lease provides a generous income to the property owner that results in a nearly 10% rate of return! It is perfect for investors or local growers looking to expand while making passive income. See attached brochure for more information.

Location

State CA

County Madera

Area 23610

Zoning ARE-20

Direction Do not enter property without permission of broker. Directions to Property From Hwy 99, take Avenue 18 west to Road 4. From Hwy 152, take Road 4/Lincoln Road south at Red Top to Avenue 18. The property is located on the northeast corner of Avenue 18 and Road 4. It is bisected by the Eastside Bypass and Ash Slough

Interior

Equipment Vineyard

Exterior

Utilities Available Propane

Water Access Desc Agricultural Well,Domestic Well With Pump

View River, Vineyard

Topography Mostly Level

Street Surface Paved

Road Frontage Private Road

Building

Lot Description Shape Irregular, See Remarks

Sewer Standard Septic

Water Agricultural Well, Domestic Well With Pump

Schools

Elementary Schools Chowchilla Elementary

Middle Schools Chowchilla Elementary

High Schools Chowchilla Union High

School District Madera

Others

Senior Community No

Tax ID 020-220-003

Special Listing Condition None

Listed by Edwards, Lien &Toso, Inc.

NEARBY SCHOOLS & PROPERTIES

Geoff Goolsby

Agent | CA DRE#01926125

+1(916) 672-1030

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Geoff Goolsby

20303 Road 4 Chowchilla, CA 93610

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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20303 Road 4