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    Of Deer Crk Ave Earlimart, CA 93219

    Sponsored
    For Sale
    Contact for pricing

    318 Acres, Multi-Zoned Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 318-acre property in Earlimart, California, presents a unique opportunity for large-scale mixed-use development. Located east of Highway 99 and north of Deer Creek Avenue in Tulare County (zip code 93219), this strategically positioned land boasts multiple zoning designations: Commercial, Industrial, Residential, and Multifamily. The property, encompassing eight contiguous parcels (APN: 316-120-012, 316-120-013, 316-120-014, 316-180-008, 316-180-010, 316-180-011, 316-180-012, 316-180-013), has undergone a 12-year re-entitlement process, culminating in its inclusion within the Earlimart Community and Tulare County General Plans. Lot lines have been adjusted to reflect the approved land uses. Currently generating interim income through the cultivation of table/raisin grapes, jujube fruit, and almonds, this prime acreage offers unparalleled potential for significant future development. Its proximity to Highway 99, a designated future growth corridor, ensures excellent accessibility and connectivity to major transportation arteries. The owner anticipates a retail value of $130,000,000 for the finished development, making this a substantial capital-scale investment opportunity ideal for large-scale distribution or other mixed-use projects.

    Property Features for 0 Of Deer Crk Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    13,852,080 SF

    HighLights

    • 320‑acre prime development site in Tulare/Bakersfield area, zoned for industrial, commercial, and residential uses.
    • Excellent CA‑99 highway access, situated in a designated future growth corridor.
    • Multi‑use zoning and General Plan approvals make this a compelling land development opportunity.
    • Projected retail value of finished sites: $130,000,000, representing a significant capital investment opportunity.
    • Includes industrial land suitable for large‑scale distribution facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Earlimart
    County
    Tulare
    State
    California
    Longitude
    -119.2684612
    Latitude
    35.8587989

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    FAQs

    What type of property is this?
    Mixed-use property - 318 Acres, Multi-Zoned Development
    Where is this mixed-use property located?
    The property is located at Of Deer Crk Ave Earlimart, CA.
    What are key features of this property?
    This property features: 320-acre prime development site in Tulare/Bakersfield area, zoned for industrial, commercial, and residential uses.; Excellent CA-99 highway access, situated in a designated future growth corridor.; Multi-use zoning and General Plan approvals make this a compelling land development opportunity.
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    Of Deer Crk Ave Earlimart, 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
    Of Deer Crk Ave Earlimart, CA 93219
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