6600 Rd Teviston, CA 93219
This exceptional 29.69-acre development opportunity in Earlimart, California, presents a unique chance to build a substantial multifamily project. Located at 6600 Rd 136, Tulare County (APN 318-120-013), this property boasts R-3 High-Density Multifamily zoning, permitting up to 76 units per acre. The land is situated within an economic opportunity zone, offering potential tax advantages. Seller financing is available, making this an even more attractive investment. This site has undergone a comprehensive 12-year entitlement and re-zoning process, culminating in its official incorporation into Tulare County's community development plan. The Tulare County Planning and Building Departments actively support this project's progression. Extensive environmental impact reports (EIR) and other state-mandated requirements have already been completed due to the property's inclusion in the Tulare General Plan. The asking price is $48,400,638, translating to approximately $21,450 per projected unit. This is a turnkey opportunity for high-density multifamily development in a strategically advantageous location.
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.