29827 Avenue 176 Porterville, CA 93257
This exceptional 207.61-acre cattle ranch in Porterville, CA, presents a unique investment opportunity. The property boasts a 2,955 sq ft, 3-bedroom, 2.5-bathroom home built in 1981, and an impressive 8,000 sq ft, three-story barn (1990) featuring a 2-bedroom, 1-bathroom apartment and a full-size basketball court. Two operational wells provide ample water. The ranch is currently under lease for cattle operations until August 2025. Situated east of Porterville, along Avenue 176, the property enjoys breathtaking views spanning an elevation range from 692' to 1,207'. Conveniently located near power lines and a Southern California Edison substation, it offers easy utility access. Nearby attractions include Lake Success (6.4 miles), River Island Country Club (3.2 miles), and Eagle Mountain Casino (19 miles). Tulare County APNs: 284-010-021-000, 284-010-022-000, and 284-090-021-000. The property's soil details are available in separate soil maps and descriptions. Note: The Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040 and may impact groundwater pumping. Further information is available on the SGMA website. Asking price: $4,000,000.
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
Similar Nearby for Lease
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.