This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

300 Sequoia cir - Total of ±2.03 Acres W/Tentative Map for 48 M

2.03 Acres of Commercial Land Offered at £509,556 in Porterville, CA 93257

Investment Highlights

  • Free And Clear Parcel Ready For Developers Concept
  • All Curb, Gutter, Street Lighting, & Underground Utilities In Place
  • High Density That Allows Reduction in Minimum Setbacks
  • Proposed 48 Multifamily Apartment Development
  • 48 Units | (5) Two-Story Buildings | (16) Two Bed & (32) One Bed
  • ±2.03 Acres On (7) Parcels | Shovel-ready w/ Utilities @ Site

Executive Summary

The site plan consists of seven parcels totaling ±2.03 Acres (±88,426.8 SF) with tentative map good for 48 multifamily apartment units. Parcels are located in a fantastic area for residential and multi-family housing due to the close proximity to many surrounding schools. Offers many nearby commercial amenities, as well as a neighboring planned development of additional apartment units. Project consists of (5) freestanding buildings with three different building types to produce (32) 1-bedroom units & (16) 2-bedroom units. The project provides ample parking with 2 1/2 cars per unit (124 spaces), 10,000 SF of open space, of which 9,600 SF has active open space, and plans for a quality rod iron fence.

Property Facts

Price £509,556
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.03 AC

1 Lot Available

Lot

Price £509,556
Price Per AC £251,013
Lot Size 2.03 AC

Description

The site plan consists of seven parcels totaling ±2.03 Acres (±88,426.8 SF) with tentative map good for 48 multifamily apartment units. Parcels are located in a fantastic area for residential and multi-family housing due to the close proximity to many surrounding schools. Offers many nearby commercial amenities, as well as a neighboring planned development of additional apartment units. Project consists of (5) freestanding buildings with three different building types to produce (32) 1-bedroom units & (16) 2-bedroom units. The project provides ample parking with 2 1/2 cars per unit (124 spaces), 10,000 SF of open space, of which 9,600 SF has active open space, and plans for a quality rod iron fence. These parcels are located just off Highway 65 - north of W Henderson Avenue, east of N G St, south of N Main St and W of N Jaye St in Porterville, California. Porterville is a city in the San Joaquin Valley, in Tulare County, California, United States. It is part of the Visalia-Porterville metropolitan statistical area. Since its incorporation in 1902, the city's population has grown as it annexed nearby unincorporated areas. The city's 2021 population (not including East Porterville) was estimated at 62,742. Porterville serves as a gateway to Sequoia National Forest, Giant Sequoia National Monument and Kings Canyon National Park.

zoning

Zoning Code RM-3 (High Density Residential)
RM-3 (High Density Residential)
  • Listing ID: 29510052

  • Date on Market: 13/09/2023

  • Last Updated:

  • Address: 300 Sequoia cir, Porterville, CA 93257

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}