190 & Success Vly Dr PorterVille, CA 93257
This exceptional 160-acre property, located southeast of the intersection of Highway 190 and Success Valley Drive in Porterville, California (zip code 93257), presents a unique investment opportunity. The land boasts a diverse composition, including approximately 31 acres of farmland previously used for citrus cultivation and approximately 129 acres of grazing land. The property benefits from existing power infrastructure. While an irrigation pump and well are currently inoperable, the sale includes 20 shares of South Tule Independent Ditch Stock, offering potential irrigation access. The land is zoned AE-20, Ag Exclusive, requiring a minimum parcel size of 20 acres. Importantly, this property is not enrolled in the Williamson Act. The picturesque setting offers attractive views and the potential for various agricultural uses. The APN is 284-230-099. This expansive property is priced at $1,250,000 and presents a compelling opportunity for agricultural investors seeking a substantial land holding in a desirable California location. The property's location in the Success Valley, just east of Lake Success, provides a tranquil setting while remaining conveniently accessible.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.