Property profile

0 Road 192 Terra Bella, CA 93257

OFF-MARKET
Land
131.8 ac lot
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Property summary

AI-generated overview

This exceptional 131.8-acre agricultural property in Tulare County, California, presents a lucrative investment opportunity. Located on Road 192 between Avenues 96 and 88, this mature pistachio orchard boasts excellent soils and a reliable dual irrigation system. Water is sourced from both the Saucelito Irrigation District and on-site wells, equipped with a 100HP electric turbine pump. The orchard utilizes a combination of double-line drip and single-line fanjet irrigation for optimal water management. The property is zoned AE-40 and features an APN of 319-100-018. Situated within the Eastern Tule GSA, this income-producing asset offers a compelling combination of established production and dependable water resources. The asking price is $3,200,000, translating to $24,279 per acre. This prime agricultural land presents a strong return on investment for discerning buyers. The property's location in Terra Bella, CA, zip code 93257, provides convenient access to local infrastructure and markets.

Property profile

Verified
Property type Land
Lot 131.8 ac (5,741,208 SF)

Cap rate & NOI

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

Location

Road 192 Terra Bella, CA 93257
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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