Property profile

40 Of Ave 38 Alpaugh, CA 93201

OFF-MARKET
Land
40 ac lot
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Property summary

AI-generated overview

This exceptional 40-acre agricultural property, located in Alpaugh, California within Tulare County (APN 330-120-006), presents a unique investment opportunity. Zoned AE80, the land is characterized as open ground, ideal for various agricultural uses. The property is situated east of Road 40 and south of Avenue 38, offering convenient access. Priced competitively at $120,000, this parcel represents a significant value proposition for investors seeking raw land in a prime agricultural region. It's important to note that the property does not currently have any existing wells or pumps, and it does not receive water from an irrigation district. However, its proximity to established agricultural operations and the Tri-County Water Authority GSA suggests potential for future development. The presence of permanent plantings in the surrounding area further underscores the agricultural viability of the location. This 40-acre tract offers a blank canvas for agricultural entrepreneurs and investors seeking land with potential in a well-established farming community. The property's size and location make it suitable for a range of agricultural endeavors, subject to applicable regulations and permits. Serious inquiries are encouraged to explore the possibilities of this unique land offering. The zip code is 93201.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

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

Location

40 Of Ave 38 Alpaugh, CA 93201
Alpaugh metro
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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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