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Property profile

10-11 Sycamore Rd & Tejon Hwy Arvin, CA 93203

OFF-MARKET
Land
3 ac lot
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Property summary

AI-generated overview

This exceptional offering presents two prime residential land parcels in the thriving community of Arvin, California. Located at Lots 10-11, Sycamore Rd & Tejon Hwy, these parcels offer significant development potential. Lot 10 encompasses 3.25 acres and is priced at $640,000, while the larger Lot 11 spans 5.43 acres and is listed at $675,000. These mixed-use parcels are available for purchase individually or as a combined package, providing flexibility for various development scenarios. The property is zoned R-4, allowing for a range of residential construction options. A parcel map is scheduled for recording in the first quarter of 2024, streamlining the acquisition process. Situated in a rapidly growing community, this land presents a compelling investment opportunity with strong potential for future appreciation. The location offers convenient access to key transportation routes and amenities, making it an attractive proposition for both residential and commercial developers. Don't miss this chance to secure a piece of Arvin's promising future. The zip code is 93203.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

10-11 Sycamore Rd & Tejon Hwy Arvin, CA 93203
Arvin 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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