1 Hwy 65, Porterville, CA 93257

$5,350,000

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List Price
$5,350,000
Status
ACTIVE
Days on Market
19
MLS#
243659
Subtype
Land
Lot Size
4,660,920
Acres
107
MLS Area Major
Porterville NE

Property Description

107 acres at the NW corner of Highway 65 and Highway 190 Porterville's southern gateway. Two APNs, offered at $50,000/acre. Land use spans mixed residential, mixed use, and professional office, allowing highway-frontage commercial and office alongside supporting rooftops in one plan. Part of the SoTu Master Plan approved by the Porterville City Council together with its EIR, potentially providing program-level CEQA clearance the longest and costliest phase of the entitlement path. Nearly adjacent to the proposed Newcomb Street Bridge alignment. No Williamson Act contract. Buyer to verify all entitlement matters with the City. 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.

Listing courtesy of listing agent J.P. Shamshoian with Realty Concepts, Ltd. - Fresno, .

Courtesy of J.P. Shamshoian with Realty Concepts, Ltd. - Fresno

Courtesy of Realty Concepts, Ltd. - Fresno.

Listing courtesy of Listing Agent: J.P. Shamshoian (accounting@realtyconcepts.com) from Listing Office: Realty Concepts, Ltd. - Fresno.

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