473-070 Haley Ln Karlo, CA 96117
This exceptional 22.88-acre parcel in Litchfield, CA (APN 119-060-008), presents a unique opportunity for developers. Located near CA-395, this mostly level, rectangular lot (approximately 1,300' wide by 900' deep) offers convenient access to major highways. The property boasts approximately 996,653 square feet of buildable land, zoned for residential use, allowing for diverse development options including single-family residences, condominiums, apartments, or planned unit developments (PUDs). Power poles are situated on the northern boundary, indicating readily available utilities. The land is accessible via paved roads from Blue Lane, offering convenient ingress and egress. Its location within an Opportunity Zone adds further investment appeal. The property's proximity to existing newer housing developments, schools, regional retail, and major corridors serving the college and airport underscores its strategic location within a growth area. Seller-carry financing with a 10% down payment is available. This shovel-ready site presents a compelling investment opportunity for those seeking prime development land in a thriving area.
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
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.