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OFF-MARKET
Land

184 Porterville Porterville, CA 93257

79.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional agricultural property encompasses approximately 79.9 acres of mature walnut orchards situated in Porterville, California. Located at the northeast corner of Avenue 152 and Road 184, this prime farmland is identified by Tulare County APNs 236-170-001 and 236-170-011. The orchard boasts a mix of walnut varieties: approximately 50 acres of Tulare walnuts planted in 1999 at a 24' x 20' spacing, and approximately 25 acres of Vina walnuts planted in 1993 at a 24' x 16' spacing. Irrigation is provided by the Lower Tule River Irrigation District, supplemented by a 50HP submersible pump and well. The soil composition is largely comprised of high-quality Grade 1 soils, specifically approximately 64.7% Flamen loam, 30.5% Exeter loam, and 4.8% Tagus loam, all with 0-2 percent slopes. This presents a remarkable opportunity for agricultural investment. Detailed production records are available upon request. The asking price of $2,077,400 excludes the current crop. This property offers excellent potential for continued profitable walnut production in a desirable location. The property's location in the Lower Tule Irrigation District ensures a reliable water supply for optimal crop yields. The predominantly Grade 1 soils contribute to the high-quality production potential of this established orchard.

Property profile
Verified
Property type Land
Lot 79.9 ac (3,480,444 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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