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    OFF-MARKET
    Commercial real estate

    16500 Road 152, Tulare, CA 93274

    40 ac lot
    Property ID
    US09-5956194
    Property summary
    AI-generated overview

    This exceptional 40-acre property in Tulare, CA (APN: 232-100-013 & 014), presents a unique blend of agricultural, farm, and residential uses. A lot line adjustment is currently underway. The estate boasts a meticulously updated, 5,282 sq ft custom home built in 1940, featuring 4 bedrooms, 3.75 bathrooms, a gourmet kitchen with butler's pantry and bar, a charming breakfast nook, den, enclosed sunroom with stunning Sierra Nevada views, and a luxurious master suite. Additional amenities include a 3-car attached garage, carport, and covered patio. Adjacent to the main residence is a top-tier custom horse barn, perfect for equine enthusiasts, complete with 2 bathrooms and a harness room. The property also includes sprawling pastures, corrals, an arena, an additional approximately 1,148 sq ft home, a shop, and extensive dirt roads. The property is situated within the Lower Tule River Irrigation District and GSA, and includes one well. The Sustainable Groundwater Management Act (SGMA) mandates groundwater sustainability by 2040, with Groundwater Sustainability Plans (GSPs) required by 2020; potential limitations on groundwater pumping should be considered. Detailed soil information is available in separate soil map and description documents. This is a rare opportunity to own a legacy property offering unparalleled luxury and potential in California's Central Valley. Asking price: $2,499,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 40 ac (1,742,400 SF)
    APN 232-100-013 & 014
    UPID US09-5956194
    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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