Avenue 274, Visalia, CA 93277 - Tulare County

+/-45 Acres Walnuts Visalia, CA

MATURE WALNUTS ADJACENT TO CITY LIMITS WITH EXCELLENT DEVELOPMENT POTENTIAL

Location: Property is located on the north side of Avenue 274, 1/2 mile east of Mooney Boulevard in Visalia, CA. The southwest corner of the property can be accessed from Avenue 274 (drive east to the end of the road).

Size: +/-45 Assessed Acres

Plantings: Property is planted to older Serr Walnuts.

Water: Property is located in Kaweah Delta Water Conservation District and part of Greater Kaweah GSA. There is one (1) well with a 50HP pump that was installed in 2018. The well depth is 480 feet with 12 PVC casing and a 100-amp panel. The property is flood irrigated.

Soils: +/-99.7% Grade 1 Excellent soil.

Zoning: Low Density Residential, Growth Boundary Tier 3. In previous council planning sessions, the council showed a willingness to change the property to Tier 2, but the Sierra Clubs action, last year, hampered the process.

Legal: Tulare County APNs: 122-350-018 and 122-350-007. Owners are willing to sell the parcels separately.

Groundwater Disclosure: Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website.

Remarks: The property is adjacent to the city limits. Located 1.4 miles away from Costco and just east of the new development on Mooney Boulevard. This in an excellent opportunity for an investor that is willing to entitle the property to a residential subdivision. Seller is asking for a short escrow. Residential planning maps are available upon request. The approximately +/-1-acre on the southwest corner of the property may be sold separately it is priced at $195,000 and would make an excellent single family homesite.