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    Freestanding Buildings with Private Parking Title is generated by Realmo AI

    30990 CA-190, Porterville, CA

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    For Sale
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    Three buildings on three acres with parking and RV hookups.

    Type:RETAIL
    Property size:
    2,450 SF
    Lot size:
    2.99 Acres
    Price / SF:
    $265/SF
    Added:
    Aug 7, 2025
    Days on Market:
    284
    Last Refresh:
    Apr 5 at 10:47 pm

    Property Features for 30990 CA-190

    General Information

    Standard status
    Active
    Size
    2,450 SF
    Lot size
    2.99 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Jared Ennis
    Jared Ennis

    Listing agent Jared Ennis License #01516541

    Listing office KW Commercial | Central California

    Listing date Aug 7, 2025

    Source Moodyscre

    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 KW Commercial | Central California

    HighLights

    • Prime location on a high‑traffic main highway (CA‑190).
    • Includes 3 freestanding buildings plus private parking on 3 acres with ±87,462 SF surplus land.
    • Established local business with a 47‑year operating history.
    • Features a quality clean kitchen, full bar, and both indoor & outdoor seating.
    • RV hookups and separately metered utilities are included.
    • Great SBA loan candidate with seller carry also available.

    Overview

    This property features three freestanding buildings with a private parking lot situated on approximately three acres, which includes approximately 87,462 square feet of surplus land. The property has a quality clean kitchen, a full bar, and both indoor and outdoor seating. It has been a local stable business for 47 years. Located on CA-190, north of Success Lake, the property benefits from a prime location in a high-traffic area on the main highway. The property includes RV hookups and separately metered utilities. It is fairly close to schools, a country club, and downtown Springville. The property contains 2,450 square feet.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $578.8K
    NOI $52,093 @ 9.00% cap · cautious / downside scenario
    Moderate
    $744.2K
    NOI $52,093 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.04M
    NOI $52,093 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $73.5k $30.00
    − Vacancy −$4.0k −$1.65
    EGI $69.5k $28.35
    − OpEx −$17.4k −$7.09
    NOI $52.1k $21.26
    2,450 SF · lease $30.00/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $744.2K
    $651.2K – $868.2K (±1% cap)
    NOI $52,093 @ 7.0% cap · market cap 8.01%
    Second Best
    Retail
    $499.6K
    $437.1K – $582.8K (±1% cap)
    NOI $34,970 @ 7.0% cap · market cap 5.38%
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.017
    Latitude
    36.0652

    FAQs

    What type of property is this?
    Restaurant - Three buildings on three acres with parking and RV hookups.
    Where is this restaurant located?
    The property is located at 30990 CA-190 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: Prime location on a high‑traffic main highway (CA‑190).; Includes 3 freestanding buildings plus private parking on 3 acres with ±87,462 SF surplus land.; Established local business with a 47‑year operating history.
    (559) 705-1000 Call to check price and availability
    More about this property
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