$380,000
Visalia, CA 93292
MLS# 238830
Status: Pending
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Property Description
4 Acres of High-Density Infill Land - Income Generating & Downtown Adjacent Secure your footprint in Visalia's path of growth with this prime 4-acre development site. Located just one mile from the vibrant downtown district, this flat, usable parcel offers the ideal canvas for a high-density multi-family project. With a Future Land Use designation of RM-3, this site is positioned for significant scale, allowing you to maximize unit count in a market demanding more housing. Unlike typical raw land acquisitions the property has immediate holding income as it is currently leased to Caltrans for equipment storage through August 2026. This transferrable lease provides reliable cash flow, offsetting carrying costs while you finalize your architectural plans and secure city approvals. Connectivity drives value. Future residents will be minutes from the restaurants, retail, and nightlife of downtown Visalia. The site offers the walkability and convenience modern tenants prioritize, without the congestion of a direct city-center build. This is a rare chance to acquire a cash-flowing development site with potential seller financing in a high-demand corridor. Call today to review the lease details, discuss the parcel split timeline as well as additional acreage available nearby.
Details
Maps
Property Information
Property Sub-Type: Residential
APN: 098050070000
Lot Acres: 4
Lot SqFt: 174240
Lot Size Source: Owner
Lot Dimensions: 283*615
Zoning Description: RM-3 Zoning
Additional Parcels Y/N: No
Common Interest: None
Street #: 2046
Direction: E
Street Name: Goshen
Suffix: Avenue
State/Province: CA
Zip Code: 93292
County: Tulare
Area: Visalia NE
Listing Information
List Price/Acre: 95000
Original List Price: 380000
Status: Pending
Listing Date: 2025-12-15
Listing Price: 380000
Current Price: $380,000
Showing Information
Directions to Property: From the 198 freeway, exit Lovers Lane, head north on Lovers Lane. Make a left turn onto Goshen Avenue, the property is on the right.
Remarks
Marketing Remarks: 4 Acres of High-Density Infill Land - Income Generating & Downtown Adjacent
Secure your footprint in Visalia's path of growth with this prime 4-acre development site. Located just one mile from the vibrant downtown district, this flat, usable parcel offers the ideal canvas for a high-density multi-family project. With a Future Land Use designation of RM-3, this site is positioned for significant scale, allowing you to maximize unit count in a market demanding more housing.
Unlike typical raw land acquisitions the property has immediate holding income as it is currently leased to Caltrans for equipment storage through August 2026. This transferrable lease provides reliable cash flow, offsetting carrying costs while you finalize your architectural plans and secure city approvals.
Connectivity drives value. Future residents will be minutes from the restaurants, retail, and nightlife of downtown Visalia. The site offers the walkability and convenience modern tenants prioritize, without the congestion of a direct city-center build.
This is a rare chance to acquire a cash-flowing development site with potential seller financing in a high-demand corridor.
Call today to review the lease details, discuss the parcel split timeline as well as additional acreage available nearby.
General Information
HOA: No
Solar YN: No
Status Change Info
Contingent Date: 2026-04-10
Status Change Date: 2026-04-13
Pending Date: 2026-04-10
Utilities
None: 1
Water
None: 1
Sewer
None: 1
Listing Terms
Cash: 1
Owner May Carry: 1
Current Use
Vacant: 1
Property Features
Utilities: None
Water: None
Sewer: None
Listing Terms: Cash; Owner May Carry
Current Use: Vacant
IDX
Listing Office: Andre Leonardo, Broker
Listing Agent: Andre F Leonardo | andrewleonardoproperties@gmail.com
Agent Email: andrewleonardoproperties@gmail.com
Co Office Name: CREO Real Estate, Inc.
Co Listing Agent: Wayne Scott
Co Agent Email: waynerscott.scott@gmail.com
Last Updated: April - 13 - 2026
Information deemed reliable but not guaranteed.