Price Ranch Vineyard

EXECUTIVE SUMMARY

• 649.74 +/- gross assessed acres located in Madera County, comprised of 600 +/- potential net farmable acres. Property is currently planted to 575.97 +/- net vineyard acres with 73.77 +/- acres of supporting and ancillary land which includes well sites, filter and booster stations, a Headquarters (with a Residence, Shop, and Yard), and dirt roads/avenues. 

• Varietals planted include White Zinfandel (290.45 acres), Rubired (225.36 acres), and Syrah (60.16 acres), at 50%, 40%, and 10% of net planted acreage, respectively. 

• 1997 to 2001 plantings, with a 5-year weighted average yield (2018 to 2022) of approximately 11.10 tons per acre. 

• Property contains approximately 81% NRCS Irrigated Capability Class I & II Soils (primarily the Visalia Fine Sandy Loam soil series). 

• Irrigation water is currently supplied to the vineyard blocks via 5 operating agricultural wells, pumping at a combined rate of approximately 2,730 +/- gallons per minute (“GPM”), which is distributed throughout the Property via PVC underground main and lateral pipelines to driplines with emitters. Flood valves are also located every third vineyard row. 

• Property is located in the Madera Irrigation District (“MID”) with Class I water entitlement. 

• The Wine Group (*2^nd largest U.S. winery by case sales) is currently leasing the Price Ranch Vineyard via a triple-net lease which terminates in December 2023. (*Per a Wine Business Monthly Article - February 2023) 

• Vineyard is located in the Madera American Viticultural Area (“AVA”) and California Grape Pricing District 13. 

• Structural improvements include a 1,966 +/- square-foot Residence and 3,000 +/- square-foot Shop located at the Property Headquarters. 

• Purchase Price: $19,000,000 ($29,242 +/- per gross acre) all cash at the close of escrow. 

For more information contact:

www.mendrins.com  |  f. (559) 436.0151

5250 N. Palm Avenue, Suite 212, Fresno, California 93704
Fig Garden Financial Center

ALEX D. MENDRIN, INC. Lic.# 01978317 Lic.#01084243 • Lic.# 01894670

Al D. Mendrin

Broker

(559) 288-0671
[email protected]