Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Vacant Land in Woodlake, CA Title is generated by Realmo AI

    Road 192, Woodlake, CA 93286

    View on Map
    Claim this Listing
    Picture of Land at Road 192, Woodlake, CA
    For Sale
    $138,600

    LAND - Woodlake, CA

    Lot size:
    5.05 Acres
    Added:
    Feb 2, 2025
    Days on Market:
    467
    Last Refresh:
    May 15 at 7:06 pm

    Property Features for Road 192

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    053080038000
    Lot size
    5.05 Acres

    We can help!

    Listing Contact
    Joe Mendonca

    Listing agent Joe Mendonca License #01408195

    Listing office Century 21 Jordan-Link & Company 2300 W Whitendale Ave, Visalia, CA

    Listing date Feb 2, 2025

    MLS# 233321 Listing URL

    Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Vacant land (Lot #3) ready for building.
    • Home site suitable for construction.
    • Option to purchase water from seller.
    • Water purchase agreement available for up to 10 years.
    • Addresses the need for a water source.
    • Avoid the immediate expense of drilling a well.

    Overview

    This is a 5.05-acre vacant land parcel, identified as Lot #3, situated in Woodlake, CA. It is designated as a home site. The property is located in Tulare County, with the postal code 93286. The land is intended for residential use. A unique feature is the option for the buyer to purchase water from the seller for up to 10 years, should they choose not to drill a well.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Woodlake
    County
    Tulare
    State
    California
    Longitude
    -119.147546
    Latitude
    36.422922

    Nearby Similar for Sale

    • $850,000
      206,039 SF

      Woodlake Commercial Cannabis Land Opportunity

      Prime commercial land in Woodlake, CA, ideal for cannabis industry.
      W Ropes Avenue, Woodlake, CA 93286
      View Details
    • $249,900

      Woodlake Commercial Development Opportunity

      Entitled vacant lot with approved blueprints for bar/restaurant.
      115 N Valencia Boulevard, Woodlake, CA 93286
      View Details
    • $7,750,000

      Income-Producing Ranch in Woodlake, CA

      467-acre income-producing ranch with avocado, olive, and orange groves.
      19400 398, Woodlake, CA 93286
      View Details
    • $1,669,848
      5,047 SF

      Retail Property For Sale

      Retail property for sale featuring a 6.00% cap rate.
      232 N Valencia Blvd, Woodlake, CA 93286
      View Details
    • $4,100,000
      6,238 SF

      Medical Office Building For Sale

      New construction medical office building fully leased to Kaweah Health.
      132 CA-245, Woodlake, CA
      View Details
    • $1,800,000

      Industrial Land in Cannabis Zone

      Industrial land in Woodlake, CA, suitable for cannabis-related activities.
      20700 W Ropes Ave, Woodlake, CA
      View Details
    • $5,600,000
      14,673 SF

      NNN Leased Drug Store Opportunity

      Long-term NNN lease with scheduled rent increase in Central California.
      160 E Antelope Ave, Woodlake, CA
      View Details
    • $270,000

      Woodlake Cannabis Green Zone Land

      1.24 acre land in Woodlake's Cannabis Green Zone.
      431 Acacia St, Woodlake, CA
      View Details
    • $249,900

      Industrial Lot in Cannabis-Friendly City

      30,000 sq.ft. industrial lot in Woodlake, CA, cannabis-zoned.
      346 Acacia St, Woodlake, CA
      View Details
    • $270,000

      Woodlake Cannabis Green Zone Property

      1.24 acre property in Woodlake's Cannabis Green Zone.
      431 S Acacia St, Woodlake, CA 93286
      View Details

    FAQs

    What type of property is this?
    Land - 5.05 acre vacant land suitable for residential development.
    Where is this land located?
    The property is located at Road 192 Woodlake, CA.
    What is the asking price?
    The asking price for this property is $138,600.
    What are key features of this property?
    This property features: Vacant land (Lot #3) ready for building.; Home site suitable for construction.; Option to purchase water from seller.
    (559) 280-8065
    We can help!
    Listing Contact
    Joe Mendonca
    Real Estate License ID: 01408195
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Road 192, Woodlake, CA 93286
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!