147 Tamarack St Herlong, CA 96113
This exceptional 7.01-acre (approximately 305,562 square feet) parcel presents a remarkable opportunity for residential development in Herlong, California. Located in an Opportunity Zone, this largely level, rectangular lot (approximately 320' wide by 954.88' deep) boasts convenient access directly off Tamarack Street, adjacent to existing housing and utilities. The property features four APNs: 139-340-015, -016, -017, & -026. An existing easement ensures continued access via Tamarack Street, extending its reach 955 feet south. The flexible zoning allows for diverse residential projects, including single-family homes, condominiums, apartments, or planned unit developments (PUDs). The land is characterized by good soil and paved road access from Tamarack Street via Herlong Access Road. Its strategic location offers quick access to CA-395, providing convenient connections to major highways. The area is experiencing growth, with new schools and residential projects recently completed or planned, and regional retail developments are just minutes away. The asking price is $39,000, and seller-carry financing with a 10% down payment is available. This is a shovel-ready site, ideal for developers seeking a prime location with existing infrastructure and significant growth potential. The property is situated in a desirable area with a residential neighborhood to the north and farming/grazing land to the south.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.