Description
A unique opportunity to invest in 252.21 acres of open land located within the 2035 Urban Development Boundary of the City of Tulare. The site has good access with on and off ramps to Highway 99 and over 1/3 mile of freeway frontage. The property is currently zoned for agriculture with soil suited for a variety of permanent crops, though it also has potential future development into industrial and highway commercial uses. There are no operating groundwater wells on the parcel, however, Lower Tule River Irrigation District entitlement is included on 112.12 acres of the property. The owner is The Regents of The University of California. Consequently, the State of California mandates the property be sold by a sealed bid auction in accordance with The Stull Act. The bid process is described in the brochure.
School Ratings & Info
Description
A unique opportunity to invest in 252.21 acres of open land located within the 2035 Urban Development Boundary of the City of Tulare. The site has good access with on and off ramps to Highway 99 and over 1/3 mile of freeway frontage. The property is currently zoned for agriculture with soil suited for a variety of permanent crops, though it also has potential future development into industrial and highway commercial uses. There are no operating groundwater wells on the parcel, however, Lower Tule River Irrigation District entitlement is included on 112.12 acres of the property. The owner is The Regents of The University of California. Consequently, the State of California mandates the property be sold by a sealed bid auction in accordance with The Stull Act. The bid process is described in the brochure.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-22T19:26:35.61. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.