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Versatile Commercial Space with Shop

490 E Date Avenue Porterville, CA 93257

490 E Date Avenue, Porterville, CA, 93257

$610,000

For Sale

$610,000

Expansive commercial space adaptable for various business types.

Property Size2,584 SF

Lot Size1.00 Acre

Price / SF$236.07

AddedJul 3, 2024

Days on Market743

Last RefreshMay 12 at 9:39 pm

Property Features for 490 E Date Avenue

General Information

Standard status: Active
Size: 2,584 SF
Lot size: 1.00 Acre
Property subtype: General Commercial

Building Details

Year Built: 1964

Listing office New Beginnings Realty

Listing date Jul 3, 2024

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of New Beginnings Realty

Investment Insights

Based on property information with market context.

This commercial space features a 3-bay shop and a spacious back room or studio suitable for creative or production uses. It includes ample storage space and a large office area. The property is situated on a lot just under 1 acre, offering room for expansion or outdoor work. Currently set up as a collision repair shop, the space is adaptable for a variety of business types, including auto repair, tech, design, or professional services. The property benefits from a prime location with excellent visibility and access.

Key Highlights

Prime location with excellent visibility and access.
3‑bay shop with plenty of room for equipment, vehicles, or machinery.
Spacious lot, just under 1 acre, offering room for expansion or outdoor work.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$55.8k	$21.60
− Vacancy	−$3.1k	−$1.21
EGI	$52.7k	$20.39
− OpEx	−$15.8k	−$6.12
NOI	$36.9k	$14.27

2,584 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use

Retail

$526.9K

$461.0K – $614.7K (±1% cap)

NOI $36,882 @ 7.0% cap · market cap 6.05%

Second Best

Industrial

$214.9K

$188.1K – $250.7K (±1% cap)

NOI $15,044 @ 7.0% cap · market cap 2.47%

Theoretical Best

Specialty Retail

$784.9K

$686.8K – $915.7K (±1% cap)

NOI $54,942 @ 7.0% cap · market cap 9.01%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

J's Recycling Recycling Center Aurora's cars for less Car Dealership

Suggested Use

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Similar Off Market Nearby

Silvas Auto Center — 720 S Main St, Porterville, CA 93257
PMR Mobile Truck Repair 24/7 — 880 E Poplar Ave, Porterville, CA 93257
Ruiz Auto Repair — 720 S Main St, Porterville, CA 93257
Rodriguez Brakes & Wheel — 681 E Date Ave, Porterville, CA 93257
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For sale
Auto shops
CA
Porterville
93257
490 E Date Avenue

What type of property is this?

Auto shop - Expansive commercial space adaptable for various business types.

Where is this auto shop located?

The property is located at 490 E Date Avenue Porterville, CA.

What is the asking price?

The asking price for this property is $610,000.

What are key features of this property?

This property features: Prime location with excellent visibility and access.; 3‑bay shop with plenty of room for equipment, vehicles, or machinery.; Spacious lot, just under 1 acre, offering room for expansion or outdoor work.