17602 Meagan Ct Springville, CA 93265
This exceptional 2.02-acre commercial lot, located at 17602 Meagan Ct, Springville, CA 93265 (APN 284590027000), presents a unique development opportunity. Zoned for single-family detached homes, this property offers significant potential within the desirable Tule River Valley. The asking price is $85,000, translating to a land value of $42,079 per acre. Situated in Tulare County, the lot is part of a prestigious subdivision known for its custom homes, elegant stone entryways, dual card-access privacy gates, and a picturesque ranch pond water feature. Community Covenants, Conditions, and Restrictions (CC&Rs) mandate a minimum of 2200 square feet for single-story homes and 1900 square feet for the ground floor of two-story homes. This prime location offers unparalleled appeal within the Tule River Valley community, making it an attractive investment for discerning developers seeking to capitalize on the area's high demand for quality residential properties. The property's size and location provide ample space for a variety of development projects, aligning perfectly with the established aesthetic and high standards of the neighborhood.
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.