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    Retherford St Tulare, CA 93274

    Sponsored
    For Sale
    $3,750,000

    26.79 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 26.79-acre commercial land parcel presents a unique investment opportunity in Tulare, CA. Strategically located at the southwest corner of East Cartmill Avenue and Retherford Street, this infill site is situated in a rapidly developing suburban area. The property comprises six contiguous parcels, offering a blend of commercial and multi-family residential zoning. Specifically, APN 166-220-011 and 166-220-012 encompass 16.1 acres zoned C-3 for retail commercial use. Four additional parcels, APNs 166-220-013, 166-230-001, 166-230-009, and 166-230-010, total 10.69 acres zoned RM4 for multi-family residential development. This diverse zoning allows for a variety of development options. The surrounding area features a mix of agricultural land, vacant land, retail centers, and residential homes. Conveniently located ¾ of a mile east of Highway 99, a major north-south freeway in California's Central Valley, this property enjoys excellent accessibility. Essential utilities are readily available, including water, sewer, and storm water services from the City of Tulare, natural gas from Southern California Gas, and electricity from Southern California Edison. The asking price for this prime development site is $3,750,000. The property's address is Retherford Street, Tulare, CA 93274.

    Property Features for 0 Retherford St

    General Information

    Property type
    Land
    Lot Size
    1,166,972 SF

    HighLights

    • 14.10‑acre parcel, APN 166‑220‑011, zoned C‑3 for retail commercial use.
    • 2.00‑acre parcel, APN 166‑220‑012, zoned C‑3 for retail commercial use.
    • 2.26‑acre parcel, APN 166‑220‑013, zoned RM4 for multi‑family residential use.
    • 2.61‑acre parcel, APN 166‑230‑001, zoned RM4 for multi‑family residential use.
    • 2.52‑acre parcel, APN 166‑230‑009, zoned RM4 for multi‑family residential use.
    • 3.30‑acre parcel, APN 166‑230‑010, zoned RM4 for multi‑family residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tulare
    County
    Tulare
    State
    California
    Longitude
    -119.33581590834
    Latitude
    36.240122

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    FAQs

    What type of property is this?
    Land - 26.79 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at Retherford St Tulare, CA.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: 14.10-acre parcel, APN 166-220-011, zoned C-3 for retail commercial use.; 2.00-acre parcel, APN 166-220-012, zoned C-3 for retail commercial use.; 2.26-acre parcel, APN 166-220-013, zoned RM4 for multi-family residential use.
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    Retherford St Tulare, CA 93274
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    Tulare, CA 93274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Retherford St Tulare, CA 93274
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