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33924589
33923719

23297 Avenue 88, Terra Bella, CA 93270 For Sale

$799,999
22 days on market
Updated 22 days ago

23297 Avenue 88

Details
APN 320110068000
Property Type Industrial
Sub Type Flex, Warehouse
Net Rentable (SqFt) 6,000
Occupancy 50%
Tenancy Multi
Year Built 2006
Buildings 2
Acreage 4.620
Zoning M-2
Investment Type Value Add
Ground Lease No
Ceiling Height 12ft+

Industrial

Marketing description

RARE 4.62-ACRE INDUSTRIAL COMPOUND ON HWY 65 | CASH FLOW + OWNER-USER + APPROVED 4-PARCEL SPLIT industrial opportunity at 23297 Avenue 88, Terra Bella, CA 93270. This massive 4.62-acre (201,247 SF) industrial property offers an unbeatable combination of immediate income, operational flexibility, and explosive development upside. Boasting prime, high-traffic Highway 65 freeway visibility, this site is a dream for logistics, manufacturing, heavy equipment storage, or fleet operations under flexible M2 (Heavy Industrial) zoning.

IMMEDIATE CASH FLOW & FLEXIBILITY- The property features two standalone industrial buildings (approx. 6000 SF total) outfitted with heavy-duty rolling doors. Building 1: Currently leased approx. 2500 Sq Ft at $1,800/month, securing immediate passive revenue from day one or have it vacant as Tenant is month to month Building 2: Delivered vacant Approx 3500 Sq Ft—perfect for an owner-user to launch operations instantly or lease out to maximize cap rate. Acreage: The expansive yard offers endless space for secure truck parking, material staging, or equipment storage.

EXPLOSIVE DEVELOPMENT UPSIDE (FINAL STAGE SPLIT) The true crown jewel of this asset is its advanced subdivision status. The property is currently in the final stage of Tulare County approval to split into 4 separate parcels. Complete the split and sell off individual lots for rapid capital gains. Develop additional industrial flex warehouses to capture the Central Valley's surging industrial demand. Land-bank a massive, high-visibility highway asset while pulling monthly rental income. Industrial acreage of this scale with active cash flow and near-complete subdivision approval is nearly impossible to find on Highway 65. Also has 2 freeway signs on property

Investment highlights

  • RARE 4.62-ACRE INDUSTRIAL COMPOUND ON HWY 65
  • CASH FLOW + OWNER-USER + APPROVED 4-PARCEL SPLIT
  • Massive 4.62-acre (201,247 SF) industrial property
  • Prime, high-traffic Highway 65 freeway visibility
  • Flexible M2 (Heavy Industrial) zoning
  • Building 1: Currently leased approx. 2500 Sq Ft at $1,800/month
  • Building 2: Delivered vacant Approx 3500 Sq Ft—perfect for owner-user
  • Property currently in final stage of Tulare County approval to split into 4 separate parcels
  • Complete the split and sell off individual lots for rapid capital gains
  • Develop additional industrial flex warehouses to capture Central Valley's surging industrial demand
  • Industrial acreage of this scale with active cash flow and near-complete subdivision approval is nearly impossible to find on Highway 65
  • 2 freeway signs on property

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