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    29 3Rd St Porterville, CA 93257

    Sponsored
    For Sale
    $65,000

    Shovel-ready land, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 0.9-acre commercial lot in Porterville, CA, is ideally situated on Olive Avenue, offering unparalleled access and high visibility. Zoned D-MX (Mixed-Use), this ±3,934 square foot (approximately 36' wide x 110' deep) parcel boasts a level topography above street grade, making it exceptionally suitable for immediate development. All utilities (water, sewer, storm drain, power) are conveniently stubbed to the site, and the property includes existing curb, gutter, and street lighting. The location is surrounded by established businesses and benefits from significant recent investment in nearby road infrastructure by the City of Porterville, which has shown strong support for commercial projects in this area. The property is partially fenced and enjoys high consumer traffic and exposure due to its proximity to numerous existing and planned developments, as well as north and south bound traffic generators. Seller financing options are available. This is a high-identity parcel ready for immediate construction, presenting a unique opportunity for investors and developers. The property's APN is 261-123-007. Asking price is $65,000.

    Property Features for 29 3Rd St

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • ±36' Wide x ±110' Deep (±3,934 SF) lot.
    • Level lot above street grade.
    • Infill location surrounded by established businesses.
    • Excellent Olive Avenue access & high visibility.
    • Prime commercial lot with flexible D‑MX zoning.
    • Convenient location with quick access to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.014594
    Latitude
    36.0658389

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    FAQs

    What type of property is this?
    Land - Shovel-ready land, prime location
    Where is this land located?
    The property is located at 29 3Rd St Porterville, CA.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: ±36' Wide x ±110' Deep (±3,934 SF) lot.; Level lot above street grade.; Infill location surrounded by established businesses.
    (559) 705-1000
    Request Owner's contact information
    29 3Rd 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
    29 3Rd St Porterville, CA 93257
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