Property profile

0 Visalia Pkwy Visalia, CA 93277

OFF-MARKET
Land
29.79 ac lot
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Property summary

AI-generated overview

This exceptional 29.79-acre property presents a unique investment and development opportunity in southwest Visalia, CA. Strategically located on Visalia Parkway, a major east-west arterial, this parcel boasts convenient access to a thriving retail corridor. Nearby amenities include Target, Best Buy, Costco, and numerous restaurants and shops, along with newer developments such as Aldi's, Sprouts, and Barnes & Noble. The property is zoned for Miscellaneous Residential use, making it suitable for single or multi-family development. Its irregular shape encompasses 1,297,652 square feet and is adjacent to a 15-acre residential subdivision, further enhancing its development potential. Utilities include connected electricity and a well for water. The property's location in Tulare County, bordering the city limits, offers significant advantages. The APN is 121-610-001-000. This land is ideal for investors seeking high-growth potential in a prime Visalia location, close to Cottonwood Creek Elementary School and bordering Packwood Creek Waterway. The asking price is $2,532,150 and is offered as a 1031 exchange opportunity. This presents a rare chance to acquire a substantial land holding in a rapidly developing area. Don't miss this chance to capitalize on the growth and potential of this exceptional property.

Property profile

Verified
Property type Land
Lot 29.79 ac (1,297,652 SF)

Cap rate & NOI

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

Location

Visalia Pkwy Visalia, CA 93277
Visalia metro
Google Maps

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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