0 Vine Rd, Corning, CA 96021
This exceptional 140.07-acre agricultural property in Corning, CA, presents a unique investment opportunity. Comprised of fourteen 10-acre parcels (approximately), this land offers significant flexibility for various uses. Previously used for walnut cultivation, the trees have been removed, leaving the land ready for immediate repurposing. The property's AG-2 zoning allows for agricultural pursuits, and its proximity to Corning (approximately one mile) and Red Bluff (approximately twenty miles) provides convenient access to infrastructure and amenities. The parcels may be purchased individually or as a whole, presenting a range of acquisition options. Neighboring properties feature existing homes, suggesting potential for residential development or expansion of existing homesites, subject to applicable regulations. The absence of Williamson Act enrollment offers additional development possibilities. The property's APN numbers are 067-270-002, 004, 005, 007, 067, 071-078, & 084. The asking price is $1,680,840. This land presents a compelling opportunity for agricultural expansion, residential development, or a combination thereof. Serious inquiries are encouraged.
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.