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Investment Highlights

  • Development-friendly city with ongoing housing growth and infrastructure support.
  • Zoning AL10 supports single-family residential use.
  • Accessible to State Route 43 and regional corridors connecting to Fresno and Bakersfield.
  • Designated Opportunity Zone, offering potential tax incentives for investors.

Executive Summary

This 40-acre parcel on Dairy Avenue in Corcoran, California, is an exceptional opportunity for residential development in a market poised for growth. The property is located directly adjacent to an active Stonefield Homes community, where approximately 100 new homes are currently under construction, underscoring strong housing demand in the area.

Property Facts

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Residence
Total Lot Size 40.00 AC
Opportunity Zone Yes
Zoning AL10 - Supports single-family residential use

1 Lot Available

Lot

Price $1,500,000
Price Per AC $37,500.00
Lot Size 40.00 AC

40 acre of land waiting for the next developer. Lot sits next to a new development, where 100 homes are currently being built. The development currently going on next to this land is Stonefield homes. Corcoran is a development friendly city.

Description

Corcoran is recognized as a development-friendly city, offering a supportive environment for builders and investors. The site’s flat topography and large contiguous footprint make it ideal for a master-planned community or phased residential project. Additionally, the property lies within a federally designated Opportunity Zone, providing potential tax advantages for qualified investors. With convenient access to State Route 43 and regional connections to Highway 99, the parcel offers excellent connectivity to Fresno, Visalia, and Bakersfield. This is a rare chance to secure a sizable tract in California’s Central Valley, positioned for long-term value and growth.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
034-220-022-000
Land Assessment
$324,961
Improvements Assessment
$0
Total Assessment
$324,961
  • Listing ID: 34061717

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: Dairy Avenue, Corcoran, CA 93212

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