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    6402 Rd 136 Teviston, CA 93219

    Sponsored
    For Sale
    $2,587,464

    9.9 Acres, C-2 Zoning, Seller Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.9-acre commercial property presents a unique investment opportunity in Earlimart, California. Located at 6402 Rd 136, this corner lot boasts prime visibility at a major road intersection within Tulare County. Currently zoned Commercial C-2, the land is ideally suited for a variety of commercial developments, aligning perfectly with Tulare County's General Plan for Earlimart. The property is currently generating rental income from an almond orchard, with a buyout clause in place to facilitate seamless transition to commercial development. This presents a significant advantage, allowing for immediate revenue generation while planning for future development. The property's location within an Economic Opportunity Zone offers additional investment incentives. Furthermore, the supportive Tulare County Planning and Building Departments streamline the development process. Flexible and negotiable seller financing options are available, making this an attractive proposition for discerning investors seeking a high-potential commercial venture in a thriving area. The APN is 318-120-012. The asking price is $2,587,464.

    Property Features for 6402 Rd 136

    General Information

    Property type
    Automotive properties
    Lot Size
    431,244 SF

    HighLights

    • Seller financing available.
    • Large commercial entitlements.
    • Corner lot at a major road intersection.
    • Supportive Tulare County planning and building departments.
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Teviston
    County
    Tulare
    State
    California
    Longitude
    -119.2670005
    Latitude
    35.9066973

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    FAQs

    What type of property is this?
    Automotive property - 9.9 Acres, C-2 Zoning, Seller Financing
    Where is this automotive property located?
    The property is located at 6402 Rd 136 Teviston, CA.
    What is the asking price?
    The asking price for this property is $2,587,464.
    What are key features of this property?
    This property features: Seller financing available.; Large commercial entitlements.; Corner lot at a major road intersection.
    Request Owner's contact information
    6402 Rd 136 Teviston, CA 93219
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    Teviston, CA 93219
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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
    6402 Rd 136 Teviston, CA 93219
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