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Listed by Mick Pfaff • Sotheby's International Realty
$ 13,150,000
Est. payment /mo
Active
12487 AVENUE 14 Madera, CA 93639
27,412,308 SqFt
UPDATED:
11/28/2024 05:13 PM
Key Details
Property Type Commercial
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
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