Property profile

200 And Ave Porterville, CA 93257

OFF-MARKET
Land
78.35 ac lot
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Property summary

AI-generated overview

This exceptional 78.35-acre agricultural property, located southeast of the Road 200 and Avenue 160 intersection in Porterville, CA (zip code 93257, Tulare County, APN 236-280-001), presents a lucrative investment opportunity. The land is planted with a balanced mix of Nonpareil and Monterey almonds on Nemaguard rootstock, established in 2012 at a density of 22' x 16'. Historically, this orchard has demonstrated high yields, averaging approximately 2,968 pounds per acre over the past five years. The soil quality is exceptional, classified as approximately 100% Grade 1 Tagus loam with gentle slopes (0-2%). Irrigation is ensured through the Porterville Irrigation District (PID), with the property also situated within the Eastern Tule GSA. The advanced irrigation system comprises four sand media filters and micro-sprinklers (blue nozzle fan-jets). Furthermore, the property boasts three wells and a PID turn-out/lift pump, providing ample water resources. Potential investors should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, details of which can be found on the SGMA website. This property offers a compelling combination of high-yield production, superior soil conditions, and a robust irrigation infrastructure, making it an attractive investment in California agriculture.

Property profile

Verified
Property type Land
Lot 78.35 ac (3,412,926 SF)

Cap rate & NOI

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

Location

200 And Ave Porterville, CA 93257
Porterville 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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