Property profile

0 Avenue 136 Porterville, CA 93257

OFF-MARKET
Land
36.74 ac lot
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Property summary

AI-generated overview

This exceptional 36.74-acre agricultural property, located just west of Porterville, California, presents a compelling investment opportunity. Currently used for alfalfa farming, this land boasts excellent soil conditions ideal for permanent plantings. Situated on the south side of Avenue 136 and west of Road 208, in Tulare County, CA, 93257 (APN: 302-020-046), the property benefits from a dual water source: the Lower Tule River Irrigation District and a productive agricultural well. A recent July 2023 test revealed the well pump yields approximately 586 gallons per minute. The property is zoned AE-20 and is within the Lower Tule River Irrigation District GSA. Offered at $900,000 ($24,496/acre), this location provides a strong foundation for continued agricultural success. Its prime location and reliable water supply make it an attractive investment for farming operations seeking fertile land and dependable irrigation.

Property profile

Verified
Property type Land
Lot 36.74 ac (1,600,394 SF)

Cap rate & NOI

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

Location

Avenue 136 Porterville, CA 93257
Porterville 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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