Property summary
This exceptional 11.21-acre commercial development parcel in Earlimart, California (93219), presents a unique investment opportunity. Located at 6401 Rd 136, Tulare County, this property boasts a C-2 zoning designation and is fully re-entitled and re-zoned, a process that took over 12 years and significant investment. The land is strategically positioned within an Opportunity Zone, offering substantial tax advantages. Currently generating rental income from an agricultural lease with a buyout clause, this allows for immediate return while development plans are finalized. Tulare County fully supports this development, incorporating it into their General Plan for Earlimart. The property's proximity to Deer Creek is key, as it provides access to the sewer line via a planned route under the 99 Freeway, connecting to the water treatment facility on the opposite side. This addresses a critical infrastructure need for future development in this area, making this parcel the next logical phase of Earlimart's expansion. Flexible and negotiable seller financing terms are available, making this a compelling investment prospect. The asking price is $3,418,153. This property is suitable for a variety of commercial uses, including agricultural, grocery store, and shopping center developments.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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