Property profile

0 Avenue 296 Exeter, CA 93292

OFF-MARKET
Land
67.16 ac lot
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Property summary

AI-generated overview

This exceptional 67.16-acre property presents a unique investment opportunity in Tulare County, California. Located near the intersection of Avenue 296 and Highway 198 in Exeter, near Visalia, this land boasts a mature walnut orchard irrigated by a robust 50Hp above-ground turbine agricultural well. The property's strategic location offers significant advantages, situated on the northern edge of Farmersville and adjacent to retail businesses along Highway 198. The land is comprised of three separate Assessor's Parcel Numbers (APNs: 128-260-006, 009, 010), with two designated for industrial use according to the Farmersville General Plan. This zoning flexibility, combined with the existing agricultural operation, provides diverse development potential. The asking price is $1,309,620, translating to $19,500 per acre. The fertile soil and reliable water source contribute to the property's agricultural viability, while its proximity to Highway 198 and the industrial designation offer significant long-term growth potential. This property is zoned AE-20. The combination of agricultural use, industrial zoning potential, and prime location makes this a compelling investment in a thriving California agricultural and commercial corridor. The property's zip code is 93292.

Property profile

Verified
Property type Land
Lot 67.16 ac (2,925,490 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 296 Exeter, CA 93292
Exeter 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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