$3,575,000

1 S Beverly St, Porterville, CA 93257

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65.00 acres · 2,831,400 sqft · $55,000/acre

Land · 55 days on Properkey

Description

65 acres of Low Density Residential infill in Porterville, offered at $55,000/acre. Two APNs, contiguous to existing residential development. Annexation process initiated with LAFCO fees paid, and a Tentative Tract Map is in process meaningful entitlement progress already underway and funded. No Williamson Act contract. A rare chance to acquire development-scale acreage inside an active market with the clock already running rather than starting from zero. Buyer to verify annexation and map status, lot yield, service availability, and fee obligations with the City of Porterville and Tulare County LAFCO. SGMA Disclosure: The Sustainable Groundwater Management Act was passed in2014 and requires groundwater basins to be sustainable by 2040.SGMA and GSA/GSP plans may limit ground water pumping. For more information please visit the SGMA website athttps://sgma.water.ca.gov/portal.

Agent & source

Listed by
John P. Shamshoian
Brokerage
Realty Concepts, Ltd. - Fresno
DRE
#01860253
MLS # 654147 Source FRESNO

Property details

Property Features

Possible Use
Residential
Lot features
More Than 5 Acres, Adjacent Land Avail.

Utilities

Water Source
Private

Nearby

Active Pending Closed Rental
Elementary
West Putnam
Middle
Sequoia
High
Porterville

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