267 Rd Terra Bella, CA 93270
This exceptional 58.23-acre agricultural property in Terra Bella, California, presents a unique investment opportunity. Located in the desirable Terra Bella Irrigation District (TBID), the land is currently planted with a diverse mix of high-demand crops: Tango mandarins, Cara Cara navel oranges, and Kerman pistachios. The property benefits from a reliable water supply via TBID, with two meters – one for each parcel – ensuring consistent irrigation. Parcel 323-070-033 further enhances security with two standby meters. The land is zoned AE-10, and the asking price is $2,000,000, translating to $34,347 per acre. The property's APN is 323-070-033, 034. Situated on Rd 267 in Tulare County, this established orchard offers immediate income potential and long-term growth prospects in a prime agricultural region. The property's location in the TBID provides access to a well-established irrigation system, minimizing water acquisition concerns. This turnkey operation is ready for a new owner to continue its successful production or explore further development opportunities within the existing framework. The combination of established, high-value crops and reliable water access makes this a compelling investment in California's thriving agricultural sector. Detailed information on parcel boundaries and water rights is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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