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Commercial Property — 38156 Elm Avenue, Greenfield, CA

$3,260,000

38156 Elm Avenue, Greenfield, CA

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About this property

The Doud 1 Ranch is a 119-acre Arroyo Seco vineyard with 99 acres planted to Clone 4 Chardonnay. The vineyard was planted in 1996-1997 in a region known for excellent water quality and quantity, providing outstanding value for its combination of fruit quality and price along the Central Coast. The fruit from this vineyard is a critical component to sellers chardonnay program, so the seller is willing to lease back the property for 3 years at a pre-established rental rate. This is a great opportunity to purchase the property with excellent water resources, have an immediate cash return on investment, while allowing time for the overall winegrape market to improve.

Property details

Property type
CommercialSale

Location

38156 Elm Avenue • Greenfield, CA 93927

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Listed by

Joe Piini · Piini Realty