Property profile

0 Avenue 184 Strathmore, CA 93267

OFF-MARKET
Land
80 ac lot
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Property summary

AI-generated overview

This exceptional 80-acre property, located west of Strathmore, California, presents a unique investment opportunity. The land is zoned AE-40 and boasts a substantial existing residence currently generating rental income. The property's agricultural potential is enhanced by two reliable irrigation sources: surface water from the Lindmore Irrigation District and a dedicated agricultural well. The well-maintained walnut orchard demonstrates a history of productive farming in this desirable location. The parcel includes two APNs: 236-060-011 and 236-060-012. The asking price is $1,840,000, translating to $23,000 per acre, reflecting the land's high value and potential. Situated at 184 Ave, Strathmore, CA 93267, this property offers a blend of residential comfort and significant agricultural income potential. The property's strategic location in Tulare County, California, provides easy access to vital resources and markets. This is an ideal opportunity for investors seeking a diversified agricultural holding with existing income streams and significant future growth potential. The combination of established infrastructure, reliable water rights, and a productive agricultural history makes this a truly compelling investment. The large existing residence adds to the overall value and versatility of this exceptional property.

Property profile

Verified
Property type Land
Lot 80 ac (3,484,800 SF)

Cap rate & NOI

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

Location

Avenue 184 Strathmore, CA 93267
Strathmore 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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