Property profile

29827 Avenue 176 Porterville, CA 93257

OFF-MARKET
Land
Property ID
US09-6063765
207.61 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 207.61 ac (9,043,492 SF)
UPID US09-6063765

Cap rate & NOI

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

Location

29827 Avenue 176 Porterville, CA 93257
Porterville metro
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Value estimations

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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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