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    Lotas St Porterville, CA 93257

    Sponsored
    For Sale
    $550,000

    Prime Commercial Lot, 1,200-3,750 SF

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land parcel, located in Porterville, California, presents a unique investment opportunity. Situated on S Lotas St, near the intersection of Olive Ave, this property offers 1,200 to 3,750 square feet of developable space, perfect for a variety of commercial uses. The property is zoned CG (General and Service Commercial), allowing for diverse business ventures. Its strategic location provides excellent visibility and accessibility, being only half a mile from the CA-65 on/off ramps, ensuring convenient access for customers and employees. The area boasts a thriving retail district, with established businesses such as Smart & Final already present, and future development including a Goodwill and Human Bean planned nearby. The site benefits from common parking and cross-access features, enhancing convenience for patrons. Furthermore, its proximity to Porterville High School adds to its appeal. This is an ideal location for businesses seeking high visibility and a strong customer base in a growing community. The asking price for this prime commercial land is $550,000. Don't miss this chance to secure a valuable asset in a desirable location. The zip code is 93257, and the property is in Tulare County.

    Property Features for 0 Lotas St

    General Information

    Property type
    Land
    Square Feet
    1,200 SF

    HighLights

    • 1,200‑3,750 square feet of developable land in Porterville, CA.
    • Zoned CG (General and Service Commercial), allowing diverse commercial uses.
    • Excellent visibility and accessibility, located near CA‑65 on/off ramps.
    • Thriving retail area with nearby established businesses and planned developments.
    • Common parking and cross‑access features.
    • Asking price: $550,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.05045769212
    Latitude
    36.064958920931

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 1,200-3,750 SF
    Where is this land located?
    The property is located at Lotas St Porterville, CA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 1,200-3,750 square feet of developable land in Porterville, CA.; Zoned CG (General and Service Commercial), allowing diverse commercial uses.; Excellent visibility and accessibility, located near CA-65 on/off ramps.
    (661) 617-1850
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    Lotas St Porterville, CA 93257
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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
    Lotas St Porterville, CA 93257
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