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Property profile & analytics
OFF-MARKET
Land

17602 Meagan Ct Springville, CA 93265

2.02 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.02 ac (87,991 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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