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    1055 W Morton Ave Porterville, CA 93257

    For Sale
    $650,000

    Well-maintained office building with long-term tenants and income potential.

    Property size:
    4,674 SF
    Lot size:
    0.25 Acres

    Property Features for 1055 W Morton Ave

    General Information

    Size
    4,674 SF
    Lot size
    0.25 Acres

    Source: KW Commercial | Central California Agent Jared Ennis

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

    Overview

    Profitable Office Building with Upside

    This 4,674 square foot office building is an excellent SBA loan candidate with built-in passive income. The property features long-term tenants, low turnover, and low maintenance. Quality construction and economical spaces contribute to its appeal. The building is equipped with separate HVAC systems and meters. Ample parking and mature landscaping enhance the property. It offers easy access, separate suites, and multiple configurations. The property is well-maintained and offers quality tenants and great exposure. The property has rent growth potential in under-market remaining units. Once stabilized, it is projected to produce $59k in rents. Long term tenants offer upside potential via leasing. Functional, hard-to-find small spaces make it easy to rent.
    Insight Report Location Intelligence

    Current Use by Public Records

    Debbie's Legal Typing ... Legal Services Luis Rodriguez Realtor ... Real Estate Agent Credence Energy Solar Energy Company Dr Jennifer Braun ... Sewage Treatment Plant Rubik Lopez Realtor Real Estate Agent

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.0406323
    Latitude
    36.0730198

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building with long-term tenants and income potential.
    Where is this office building located?
    The property is located at 1055 W Morton Ave Porterville, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Excellent SBA loan candidate with built-in passive income.; - Boasting a 6.34% cap rate & 3.09% cash-on-cash return after stabilized.; - Cash cow to produce $59k in rents once stabilized.
    (559) 705-1000
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    Porterville, CA 93257
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1055 W Morton Ave Porterville, CA 93257
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