21346 Road 140 Tulare, CA 93274
Current Use by Public Records
- Mark Hoffman General Engineering / General Contractor / Construction Company
- Hoffman Farms / Food Processing Plant
Property Details for 21346 Road 140
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 550-acre agricultural property in Tulare County, California, presents a rare investment opportunity. Currently utilized for irrigated cropland producing forage for nearby dairies, and generating additional rental income from a leased livestock feed operation, this expansive land offers immediate profitability. The property boasts reliable water supplies and established pump systems, ensuring consistent productivity. Its strategic location near agricultural hubs, coupled with clearly defined boundaries and access easements, enhances operational convenience. Beyond traditional farming, the property's size and layout are ideally suited for large-scale agave cultivation, capitalizing on the booming demand for agave-based products. Furthermore, the substantial acreage provides an excellent platform for significant solar panel installation, generating substantial passive income from renewable energy. Legal descriptions for the entire 550 acres have been obtained from public records and county maps, with all relevant easements and encumbrances confirmed. The sale includes the land and permanent fixtures, excluding movable equipment or subsurface rights. The asking price is $10,000,000, with an occupancy date of November 30, 2024. This property represents a unique blend of established agricultural income and high-growth potential in sustainable industries, making it a truly exceptional investment. The address is 21346 Rd 140, Tulare, CA 93274.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tulare
- County
- Tulare
- State
- California
- Longitude
- -119.259
- Latitude
- 36.1768
