27500 Avenue 150 Porterville, CA 93257
This exceptional 26.54-acre parcel presents a unique opportunity for residential development in Porterville, CA. Located at 27500 Ave 150, this shovel-ready site boasts RS-1 zoning and is conveniently situated near Highway 190, providing easy access to Visalia, Tulare, Lindsay, and Springville. Pre-existing roadways from neighboring developments are already in place, simplifying infrastructure development. A comprehensive water availability study, conducted by the Environmental Health Services Division, confirms adequate water supply and no concerns regarding public services from adjacent properties. Furthermore, a traffic study validates sufficient road capacity. The development plan aligns perfectly with land use regulations, ensuring a smooth permitting process. This prime location offers proximity to key amenities, including a new high school, an elementary school, Lake Success Park, and major corridors servicing the college, airport, and downtown area. The property's dimensions are approximately 1,162.87 feet wide by 993.97 feet deep, offering ample space for a diverse range of residential projects. The APN is 264-060-047. The asking price is $1,277,700. This is a truly exceptional opportunity for developers seeking a well-positioned, fully prepared site for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.