Office Building with Five Private
108 E Morton Avenue, Porterville, CA 93257
For Sale
$395,000
Commercial Sale, Porterville, CA
Property Size1,278 SF
Lot Size0.20 Acres
Price / SF$309.08
Days on Market98
Property Features for 108 E Morton Avenue
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
reception counter
waiting area
five private offices
technology/workroom
kitchenette
restrooms
wheelchair ramps
Building Details
Roof type
Listing Agency:
Downtown Realty
(559) 615-0215
Listed By:
Sarah Catalina · License #01276135
(559) 333-4549
Added: Aug 4
Changed: Oct 2
Last Checked: Nov 9 at 8:06AM
MLS# 243291
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,278-square-foot office building at 108 E Morton Avenue includes a reception and waiting area, five private offices, a technology/workroom, two restrooms, and a kitchenette. The floor plan supports a range of office-based professional uses, with wheelchair ramps and nine on-site parking spaces serving employees and visitors.
The property occupies 0.2 acres in Porterville, California. Building systems include central heating and central air, while public water and public sewer serve the site. A tile roof completes the improvements.
The property occupies 0.2 acres in Porterville, California. Building systems include central heating and central air, while public water and public sewer serve the site. A tile roof completes the improvements.
Key Highlights
- 1,278‑square‑foot office building on 0.2 acres
- Five private offices plus a dedicated technology/workroom
- Reception area, waiting area, kitchenette, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,943
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,860
$318.9K
Cap Rate 7%
$227,757
$227.8K
Cap Rate 9%
$177,144
$177.1K
Market Conditions
NOI Build-Up for 1,278 SF
Gross rent
$25.6K $20.04/SF
− Vacancy
−$4.4K −$3.41/SF
EGI
$21.3K $16.63/SF
− OpEx
−$5.3K −$4.16/SF
NOI
$15.9K $12.47/SF
Area
Tulare County, CA
Vacancy
17.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,860
Cap Rate 7%
$227,757
Cap Rate 9%
$177,144
Alternative Uses
Best Use
Office B
$227.8K
$199.3K – $265.7K
NOI $15,943 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$388.2K
$339.7K – $452.9K
NOI $27,173 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,191
Businesses Nearby
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Business Placement
Demographics for 93257, CA
79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value
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Market
Properties on Market for Office buildings in Tulare County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Functional office layout with reception, kitchenette, technology/workroom, and wheelchair ramps.
Where is this office building located?
The property is located at 108 E Morton Avenue Porterville, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,278‑square‑foot office building on 0.2 acres; Five private offices plus a dedicated technology/workroom; Reception area, waiting area, kitchenette, and two restrooms
