6601 Rd Teviston, CA 93219
- Land
Current Use by Public Records
- Land
Property Details for 6601 Rd
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 20.5-acre property in Earlimart, California, presents a unique opportunity for high-density multifamily development. Zoned R-3, it's approved for up to 1,558 units at a density of 76 units per acre. Located at 6601 Rd 136, Earlimart, CA 93219 (APN 316-180-011), this land is situated within an economic opportunity zone, offering significant investment advantages. The property has undergone a comprehensive 12-year entitlement and re-zoning process, culminating in its inclusion in Tulare County's official community development plan. Extensive environmental impact reports (EIR) and other state-mandated requirements have already been completed, streamlining the development process. Tulare County's Planning and Building Departments actively support this project. The asking price is $33,419,100, or approximately $21,450 per projected unit. Seller financing is available, making this an attractive investment opportunity. This property offers a significant advantage with its pre-approved zoning and completed environmental studies, reducing development timelines and costs. The supportive local government further enhances the project's viability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Teviston
- County
- Tulare
- State
- California
- Longitude
- -119.269
- Latitude
- 35.9088
