|Price/Rent PSF||$ 750,000.00|
Located on the west side of Porterville situated at the northeast corner of Olive Ave and Mathew St, east of Westwood St, north of Orange Ave, south of Morton Ave, and west of Newcomb St. Centrally located serving all of Porterville and surrounding communities of Strathmore, Lindsay, Ducor, Terra Bella, Richgrove, Springville, Woodville and the Tule River Indian Reservation.
Shovel-ready ±4.83 Acre (210,395 SF) of vacant land for a proposed 150-unit housing complex in the R-3 Multifamily Residential Zone. Property can be accessed from all streets. Adequate water supply and no concerns of public services from the adjacent properties. Roads have adequate capacity, consistent with the land use, is within the holding capacity, conforms to policies, avoids traffic congestion, and is shovel ready. Near Major Corridors servicing College, Airport, Downtown, & Schools. Site has 352 ft Olive Ave frontage, 544 ft deep, and 372 ft rear width.