Property profile

384 Rd 164 & Ave Visalia, CA 93292

OFF-MARKET
Land
60 ac lot
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Property summary

AI-generated overview

This exceptional 60-acre agricultural property presents a unique investment opportunity in Seville, CA. Located at the northwest corner of Road 164 and Avenue 384, this open land boasts a rich history of olive farming. The property is part of the Stone Corral Irrigation District and the East Kaweah GSA, providing an average surface water delivery of approximately 1.3 acre-feet per acre at a cost of $205 per acre-foot. Two agricultural wells further ensure reliable water access. The soil type is Porterville clay with gentle slopes (0 to 2 percent). Detailed soil maps and descriptions are available upon request. The property's legal description includes Tulare County APN 035-110-009, and it's currently enrolled in the Williamson Act. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, with details available at the SGMA website. This property offers significant potential for various agricultural uses and represents a compelling investment in California farmland. The property's location just east of Seville, southeast of the Cutler-Orosi area, provides convenient access to local amenities and transportation routes.

Property profile

Verified
Property type Land
Lot 60 ac (2,613,600 SF)

Cap rate & NOI

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

Location

384 Rd 164 & Ave Visalia, CA 93292
Visalia 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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