Madera, CA 93639,12487 AVENUE 14
Madera, CA 93639,12487 AVENUE 14
Madera, CA 93639,12487 AVENUE 14
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Listed by Mick Pfaff • Sotheby's International Realty
$13,150,000
Est. payment /mo
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27,412,308 SqFt
Active

12487 AVENUE 14 Madera, CA 93639

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UPDATED:

08/26/2024 11:46 PM

Key Details

Property Type Commercial Land

Sub Type Comm Lots and Land

Listing Status Active

Purchase Type For Sale

Square Footage 27,412,308 sqft

Price per Sqft $0

MLS Listing ID ML81897436

HOA Y/N No

Originating Board Datashare MLSListings

Lot Size 629.300 Acres

Property Description

HUGE PRICE REDUCTION BY MOTIVATED SELLERS:Current Extended Winery Contracts in Place !! In a vicious market, Oberti has 2-13 year contract with major wineries + Incentives. Premier vineyard in the Central Valley with an exceptional income history. Located 100 miles due east of Santa Cruz, Madera is warm, sunny, and flat with the right combination of soil type, rock/mineral deposits, and altitude.Set on approximately 630 acres of contiguous land, J. Oberti Vineyards has a reputation for consistent quality and high volume production of Grenache, Merlot, Chardonnay, and Rubired grapes .Wells are generating over 8,000 GPM of single-line drip irrigation from a 16,000-sq ft reservoir. For future requirements, you have (2) additional unconnected wells. New Chardonnay vines in the final planting stages on approximately 100 acres, offering potential for future income. Infrastructure includes a 4400 sq ft maintenance shed in a 42,000 sq ft staging area.J.Oberti Vineyards has current contracts with major wineries for guaranteed pricing. Contracts run from the 2024 season and all are established with escalating base rates over the individual contract periods.

Location

State CA

County Madera

Interior

Fireplace No

Building

Lot Description Vineyard


Bay East AOR and Contra Costa AOR

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

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12487 AVENUE 14