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    Avenue 296 Exeter, CA 93292

    Sponsored
    For Sale
    $1,309,620

    67 Acres, Mature Walnuts, High-Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 67.16-acre property presents a unique investment opportunity in Tulare County, California. Located near the intersection of Avenue 296 and Highway 198 in Exeter, near Visalia, this land boasts a mature walnut orchard irrigated by a robust 50Hp above-ground turbine agricultural well. The property's strategic location offers significant advantages, situated on the northern edge of Farmersville and adjacent to retail businesses along Highway 198. The land is comprised of three separate Assessor's Parcel Numbers (APNs: 128-260-006, 009, 010), with two designated for industrial use according to the Farmersville General Plan. This zoning flexibility, combined with the existing agricultural operation, provides diverse development potential. The asking price is $1,309,620, translating to $19,500 per acre. The fertile soil and reliable water source contribute to the property's agricultural viability, while its proximity to Highway 198 and the industrial designation offer significant long-term growth potential. This property is zoned AE-20. The combination of agricultural use, industrial zoning potential, and prime location makes this a compelling investment in a thriving California agricultural and commercial corridor. The property's zip code is 93292.

    Property Features for 0 Avenue 296

    General Information

    Property type
    Farms
    Lot Size
    2,925,490 SF

    HighLights

    • 67.16‑acre property in Exeter, CA, near Visalia and Highway 198.
    • Industrial designation on two parcels (APN: 128‑260‑006, 009, 010) per Farmersville General Plan.
    • Mature walnut orchard with 50Hp above‑ground turbine well.
    • Prime location near Highway 198, offering excellent access and growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Exeter
    County
    Tulare
    State
    California
    Longitude
    -119.21314
    Latitude
    36.321476

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    FAQs

    What type of property is this?
    Farm - 67 Acres, Mature Walnuts, High-Growth Area
    Where is this farm located?
    The property is located at Avenue 296 Exeter, CA.
    What is the asking price?
    The asking price for this property is $1,309,620.
    What are key features of this property?
    This property features: 67.16-acre property in Exeter, CA, near Visalia and Highway 198.; Industrial designation on two parcels (APN: 128-260-006, 009, 010) per Farmersville General Plan.; Mature walnut orchard with 50Hp above-ground turbine well.
    Request Owner's contact information
    Avenue 296 Exeter, CA 93292
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    Exeter, CA 93292
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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
    Avenue 296 Exeter, CA 93292
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