$750,000
SOLD JAN 22, 2025

16499 Colony Rd Lemoore, CA 93245

-- Bed
-- Bath
1,541 Sq Ft
20 Acres

Recently Sold

$487 Per Sq Ft

93% Below List Price

112 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Farm
  • 20 Acre Lot

About This Home

As of January 2025

**For Sale: Unique Small Dairy Facility with Rental Income Potential in Lemoore, CA** **Property Overview:** Nestled in the heart of Lemoore, this unique property offers a small dairy facility complete with five rental homes, presenting a rare investment opportunity. Ideal for entrepreneurs looking to venture into the dairy industry or investors seeking rental income, this As Is sale provides both agricultural potential and residential revenue streams. - **Dairy Facility:** - Functional dairy setup - Equipment included (details available upon request) - Ample space for livestock - Suitable for small-scale dairy operations - **Residential Rental Homes:** - Five rental homes on the property - Consistent rental income - Homes vary in size and layout - Current tenants on month-to-month leases (details on request) - **Land and Location:** - Expansive plot in a prime agricultural area - Convenient access to local amenities in Lemoore - **Investment Potential:** - Dual-income streams from dairy operations and rentals - Opportunity for property improvements and increased returns - Suitable for hands-on management or as a passive income source - Property being sold As Is - Detailed financials and rental agreements available for serious inquiries - Ideal for buyers with vision for agricultural and residential income growth Explore the possibilities with this versatile property and capitalize on the opportunity to own a piece of Lemoore's agricultural landscape.

Last Agent to Sell the Property

Stefanie Silveira-Chavez

eXp Realty of California, Inc. License #02011825 Listed on: 09/09/2024

eXp Realty of California, Inc.

Co-Listed By

Leeandra Dupree

eXp Realty of California, Inc. License #01999907

Last Buyer's Agent

Willis Higdon

Century 21 Jordan-Link & Co/Tulare

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,071

Lot Details

  • 20 Acre Lot

Parking

  • No Garage

Home Design

  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Hay Storage

Utilities

  • Propane
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 004280083

Property Details

Property Type

Other

Est. Annual Taxes

$13,071

Lot Details

0

Listing Details

  • Property Sub Type: Dairy
  • Prop. Type: Farm
  • Horses: Yes
  • Lot Size Acres: 20.0
  • Co List Office Mls Id: 206513665
  • Co List Office Phone: 925-575-7605
  • Directions: Go west on lacey blvd to 16th ave. Turn north on 16th ave, turn west on colony road, dairy on the south side.
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1000
  • Special Features: None

Interior Features

  • Private Spa: No

Exterior Features

  • Pool Private: No

Garage/Parking

  • General Information:Garage: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Propane, Sewer Connected
  • Water Source: Shared Well, Well
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Horse Amenities:Fenced2: Yes
  • Horse Amenities:Hay Storage: Yes

Lot Info

  • Horse Amenities: Fenced, Hay Storage
  • Lot Size Sq Ft: 871200.0
  • Additional Parcels: No
  • Parcel #: 004280083
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Mar 6, 2025
Sold by
Jaurigui Pedro Gomez and Gomez Pedro
Bought by
Gomez Pedro and Jauregui Bernardo Gomez
Seller's Agent
Stefanie Silveira-Chavez
eXp Realty of California, Inc.
Buyer's Agent
Willis Higdon
Century 21 Jordan-Link & Co/Tulare
List Price
$11,000,000
Sold Price
$750,000
Premium/Discount to List
-$10,250,000
-93.18%
Views
12
Current Estimated Value
$943,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,358
Avg. Annual Appreciation
52.57%

Purchase Details

Listed on
Sep 9, 2024
Closed on
Jan 21, 2025
Sold by
Dela Torre Sylvia
Bought by
Gomez Pedro
Seller's Agent
Stefanie Silveira-Chavez
eXp Realty of California, Inc.
Buyer's Agent
Willis Higdon
Century 21 Jordan-Link & Co/Tulare
List Price
$11,000,000
Sold Price
$750,000
Premium/Discount to List
-$10,250,000
-93.18%
Views
12
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- First American Title Company
Grant Deed $750,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $750,000 0.0% $487 / Sq Ft
01/22/2025 01/22/25 Sold $750,000 -11.8% $37,500 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/30/2024 12/30/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $850,000 -92.3% $552 / Sq Ft
09/09/2024 09/09/24 For Sale $11,000,000 +900.0% $7,138 / Sq Ft
06/28/2024 06/28/24 For Sale $1,100,000 -- $55,000 / Sq Ft
Source: Tulare County MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,071 $1,201,983 $134,839 $1,067,144
2023 $13,071 $1,169,929 $140,413 $1,029,516
2022 $12,686 $1,145,305 $135,900 $1,009,405
2021 $12,332 $1,112,955 $123,067 $989,888
2020 $12,366 $1,101,644 $121,805 $979,839
2019 $12,171 $1,080,173 $119,417 $960,756
2018 $12,106 $1,059,183 $117,075 $942,108
2017 $11,894 $1,038,547 $114,779 $923,768
2016 $12,259 $1,108,877 $112,528 $996,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 231271

Tulare County MLS

APN: 004-280-083-000