21346 Road 140, Tulare, CA 93274
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.
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Mark Hoffman General Engineering General Contractor Construction Company
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Hoffman Farms Food Processing Plant
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.