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Property profile & analytics
OFF-MARKET
Land

0 Avenue 96 Terra Bella, CA 93270

913.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional agricultural property in Terra Bella, CA, encompasses approximately 913.22 assessed acres, strategically located east of Road 208, on Avenue 96, adjacent to the Friant-Kern Canal. The land boasts approximately 841 acres planted with Kerman variety pistachios on PG1 rootstock, established in 2013 with a 17' x 20' spacing. Irrigation is ensured by six on-site wells equipped with pumps (three 400HP, two 250HP, and one 75HP), along with a separate domestic well. The property includes a roughly 2,000 sq. ft. home and a roughly 2,600 sq. ft. shop. The property is situated within the Eastern Tule GSA and falls under a subsidence management area. It's important to note that the property is subject to the Sustainable Groundwater Management Act (SGMA), requiring groundwater basins to be sustainable by 2040 and mandating Groundwater Sustainability Plans (GSPs) by 2020, which may potentially limit groundwater pumping. Further details regarding soil conditions are available in separate soil map and description documents. The property's legal description includes Tulare County APNs: 302-240-013, 302-240-014, 302-240-015, 302-240-016, 302-240-017, 302-230-027, 302-250-006, 320-030-006, 320-020-001, and 320-030-005. The asking price for this significant agricultural holding is $12,785,080.

Property profile
Verified
Property type Land
Lot 913.22 ac (39,779,863 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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