13671 Road 28

Madera, CA 93638

About this property

Two parcels together are available for purchase: The first is a 12.36-acre tract of open land, offering the versatility to either construct your dream home/ranchette or just farm it. The second parcel is a 0.88-acre ranchette comprising of three single-family homes, all currently leased on a month-to-month basis. Acquiring both parcels opens the potential for a subdivision into 91 single-family lots, as illustrated in the attached "conceptual" subdivision map. Presently, there are three occupied rental homes: a 3-bedroom, 2-bath, 1100-square-foot main house with a carport; a 2-bedroom, 2-bath, 800-square-foot second house; a 2-bedroom, 1-bath, 600-square-foot third house and potentially room to build a 4th house. Each residence boasts a unique address and individual PG&E gas meters. This presents an excellent investment to buy and hold or to immediately commence the development process!

About this property

Two parcels together are available for purchase: The first is a 12.36-acre tract of open land, offering the versatility to either construct your dream home/ranchette or just farm it. The second parcel is a 0.88-acre ranchette comprising of three single-family homes, all currently leased on a month-to-month basis. Acquiring both parcels opens the potential for a subdivision into 91 single-family lots, as illustrated in the attached "conceptual" subdivision map. Presently, there are three occupied rental homes: a 3-bedroom, 2-bath, 1100-square-foot main house with a carport; a 2-bedroom, 2-bath, 800-square-foot second house; a 2-bedroom, 1-bath, 600-square-foot third house and potentially room to build a 4th house. Each residence boasts a unique address and individual PG&E gas meters. This presents an excellent investment to buy and hold or to immediately commence the development process!

Features and Additional Information

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$950,000 Active
576,734 SQFT

Presented By Coldwell Banker Commercial Real Estate Solutions

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Get in touch today! Phone: 1-760-684-8000
License #DRE: 01857050
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Keller Williams Property Team 209-500-4663
1-209-500-4663
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Area Information

| Madera County |

$ 950,000
This listing is play_arrow 43.4% higher than the average in the area
$ 662,500 in the area
576,734 SqFt
This listing is play_arrow 99.4% larger than the average in the area
289,247 SqFt in the area
$ 2 $/SqFt
This listing is play_arrow 98.5% less than the average in the area
$ 107 $/SqFt in the area
92 days on site
This listing is play_arrow 36.1% below the average in the area
144 days on site in the area

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Listed By Ernesto Ochoa
Brokerage: Keller Williams Property Team 209-500-4663

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