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Elyse McDonald

realestatewithelyse@gmail.com +1(530) 919-7489

$ 40,000,000

Est. payment | -/mo

3,201.7 Acres Lot

Save

$ 40,000,000

Est. payment | -/mo

Save

3,201.7 Acres Lot

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

Listed by Kyle Dalrymple Realty

Schools and Properties Nearby

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+1(530) 919-7489

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20303 Road 4 Chowchilla, CA 93610