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$40,000,000
Est. payment /mo
3,201.7 Acres Lot
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Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226018776
HOA Y/N No
Lot Size 3201.700 Acres
Acres 3201.7
Property Sub-Type Agriculture
Source MLS Metrolist
Property Description
NNN Leased Commercial Wine Grape Vineyard offering 9-10% IRR. 3,200 acre wine grape ranch under long-term CASH RENT lease to high quality, large-scale grower/winemaker tenant. Lease runs to the end of 2036 with tenant option to renew for five subsequent one year renewals. Thus, lease could extend through the end of 2041. The lease is contracted at $3,939,924 ($1,260/contracted acre) cash rent for 2025 with escalators of 2.5% annually. Sale is improved with two stick-built homes (3,649 SF & 2,797 SF), four mobile homes, horse stable, couple pole sheds, fuel depot and other ancillary structures. Irrigation water is supplied by twenty (20) on-site irrigation wells with surface water from the Eastside Bypass & Ash Slough when available. In addition, 209.90 acres are in the Chowchilla Water District as a subordinate user. All planted acreage is irrigated via drip system.
Location
State CA
County Madera
Area 23001
Zoning Agriculture
Direction 20303 Road 4, Chowchilla, CA 93610
Exterior
Utilities Available Other
Water Access Desc Domestic Well With Pump
Topography Agricultural Leveled
Street Surface Paved
Road Frontage County Road
Building
Lot Description Other
Sewer Septic Tank
Water Domestic Well With Pump
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Madera
Others
Senior Community No
Tax ID 020-160-0
Special Listing Condition Offer As Is
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Listed by Kyle Dalrymple Realty
NEARBY SCHOOLS & PROPERTIES
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