6601 RdTeviston, CA 93219

  • Agricultural properties
For Sale
$33,419,100 View listing

Property Details for 6601 Rd

Property type
Agricultural properties
Property subtype
Multifamily properties

Description

This exceptional 20.5-acre property in Earlimart, California, presents a unique opportunity for high-density multifamily development. Zoned R-3, it's approved for up to 1,558 units at a density of 76 units per acre. Located at 6601 Rd 136, Earlimart, CA 93219 (APN 316-180-011), this land is situated within an economic opportunity zone, offering significant investment advantages. The property has undergone a comprehensive 12-year entitlement and re-zoning process, culminating in its inclusion in Tulare County's official community development plan. Extensive environmental impact reports (EIR) and other state-mandated requirements have already been completed, streamlining the development process. Tulare County's Planning and Building Departments actively support this project. The asking price is $33,419,100, or approximately $21,450 per projected unit. Seller financing is available, making this an attractive investment opportunity. This property offers a significant advantage with its pre-approved zoning and completed environmental studies, reducing development timelines and costs. The supportive local government further enhances the project's viability.

6601 Rd, Teviston, California

Location Insight

City
Teviston
County
Tulare
State
California
Latitude
35.9088
Longitude
-119.269

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