1 Hwy 190, Porterville, CA 93257

$5,100,000

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List Price
$5,100,000
Days on Market
1
Status
ACTIVE
MLS#
243653
Lot Size (Acres)
102.72

Property Description

102 acres on Highway 190 in Porterville a single-APN, master-plan-scale opportunity at $50,000/acre. Land use spans mixed residential, mixed use, and neighborhood commercial, supporting a complete community with retail and services integrated into the plan. Part of the SoTu Master Plan approved by the Porterville City Council together with its EIR, potentially delivering program-level CEQA clearance and retiring the longest phase of the entitlement path. Direct Highway 190 access and adjacent to land designated for larger-format retail. 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.

Additional Information

Area
Porterville NE
Acres
102.72
Utilities
None
Water
Private, Well
Sewer
None

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Calculator source: Real Geeks

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