74 Ave Terra Bella, CA 93270
This 10.26-acre agricultural property, located on Ave 74 in Terra Bella, CA (zip code 93270), presents a unique opportunity. Currently planted with olives, though not regularly irrigated, this land offers potential for various uses, subject to the AE-10 zoning designation. The property boasts stunning views of the Sierra Nevada mountains and enjoys a secluded location with minimal nearby neighbors. The parcel (APN 320-340-018) is situated within the Eastern Tule Groundwater Sustainability Area (GSA). It's important to note that a shared well exists with the adjacent western parcel (also available for sale). Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) of 2014, which mandates groundwater basin sustainability by 2040, with Groundwater Sustainability Plans (GSPs) implemented by 2020. These GSPs may impose limitations on well water pumping. It is strongly recommended that potential purchasers consult with a qualified professional to assess the implications of SGMA and potential groundwater usage restrictions. The seller may offer short-term financing options. This property is ideal for those seeking a tranquil setting with ample space for building and enjoying the natural beauty of the 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
Similar Nearby for Sale
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.