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Property profile & analytics
OFF-MARKET
Land

6600 Rd Teviston, CA 93219

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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