Property profile

267 Rd Terra Bella, CA 93270

OFF-MARKET
Land
58.23 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 58.23 ac (2,536,499 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

267 Rd Terra Bella, CA 93270
Terra Bella metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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