Property profile

190 & Success Vly Dr PorterVille, CA 93257

OFF-MARKET
Land
160 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 160 ac (6,969,600 SF)

Cap rate & NOI

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

Location

190 & Success Vly Dr 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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