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    27500 Avenue 150 Porterville, CA 93257

    Sponsored
    For Sale
    $1,277,700

    26 Acres Residential Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 26.54-acre parcel presents a unique opportunity for residential development in Porterville, CA. Located at 27500 Ave 150, this shovel-ready site boasts RS-1 zoning and is conveniently situated near Highway 190, providing easy access to Visalia, Tulare, Lindsay, and Springville. Pre-existing roadways from neighboring developments are already in place, simplifying infrastructure development. A comprehensive water availability study, conducted by the Environmental Health Services Division, confirms adequate water supply and no concerns regarding public services from adjacent properties. Furthermore, a traffic study validates sufficient road capacity. The development plan aligns perfectly with land use regulations, ensuring a smooth permitting process. This prime location offers proximity to key amenities, including a new high school, an elementary school, Lake Success Park, and major corridors servicing the college, airport, and downtown area. The property's dimensions are approximately 1,162.87 feet wide by 993.97 feet deep, offering ample space for a diverse range of residential projects. The APN is 264-060-047. The asking price is $1,277,700. This is a truly exceptional opportunity for developers seeking a well-positioned, fully prepared site for immediate development.

    Property Features for 27500 Avenue 150

    General Information

    Property type
    Land
    Lot Size
    1,156,082 SF

    HighLights

    • 26.54‑acre land parcel in a growth area.
    • 1,162.87' x 993.97' lot (26.54 acres).
    • Proximity to major north‑south freeways.
    • Excellent development site near scenic foothills.
    • Close to Lake Success Park and campgrounds.
    • Adjacent to Porterville Unified School District's newest high school.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Gym & Fitness Department Store Food Market Grocery Store Pet Store Tattoo & Piercing Shop Supermarket

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -118.9572041
    Latitude
    36.0627456

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    FAQs

    What type of property is this?
    Land - 26 Acres Residential Development
    Where is this land located?
    The property is located at 27500 Avenue 150 Porterville, CA.
    What is the asking price?
    The asking price for this property is $1,277,700.
    What are key features of this property?
    This property features: 26.54-acre land parcel in a growth area.; 1,162.87' x 993.97' lot (26.54 acres).; Proximity to major north-south freeways.
    (559) 705-1000
    Request Owner's contact information
    27500 Avenue 150 Porterville, CA 93257
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    Porterville, CA 93257
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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
    27500 Avenue 150 Porterville, CA 93257
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