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    950 Hwy 99 Corning, CA 96021

    Sponsored
    For Lease
    Contact for pricing

    ±1,058 sq ft Retail/Office Space

    Lot size:
    1,058 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,058-square-foot retail or office space is ideally situated at 950 Highway 99 West in Corning, CA, zip code 96021. The single-story building offers a flexible layout perfect for a variety of businesses. Located at the Solano Street interchange of Interstate 5, this property benefits from high visibility and convenient access for both local customers and interstate travelers. The location is strategically positioned two hours north of Sacramento and a half-hour northwest of Chico, making it a prime location to serve a diverse customer base. Corning boasts a thriving agricultural industry, including significant olive oil, dried plum, walnut, and almond production, supporting well-known brands like Sunsweet, Lucero Olive Oil, and Bell-Carter Foods Inc., the second largest table olive processor globally. The property's proximity to hotels further enhances its appeal to travelers and truckers. This space presents a unique opportunity for businesses seeking high visibility and access to a robust local and regional market. The minimum divisible space is 1,058 square feet, and the maximum contiguous space is also 1,058 square feet. Currently, 1,058 square feet is vacant and ready for immediate occupancy. This is a multi-tenant property. The property is located on Historic Highway 99W at Solano Street, offering excellent exposure to a high volume of traffic.

    Property Features for 950 Hwy 99

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,058 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Office/Retail Suite
    Size
    1,058 SF

    HighLights

    • 1,058 SF retail/office space available.
    • On‑site Tesla charging stations.
    • Excellent I‑5 freeway access.
    • Monument signage opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corning
    County
    Tehama
    State
    California
    Longitude
    -122.198229
    Latitude
    39.9263452

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    FAQs

    What type of property is this?
    Retail property - ±1,058 sq ft Retail/Office Space
    Where is this retail property located?
    The property is located at 950 Hwy 99 Corning, CA.
    What are key features of this property?
    This property features: 1,058 SF retail/office space available.; On-site Tesla charging stations.; Excellent I-5 freeway access.
    Request Owner's contact information
    950 Hwy 99 Corning, CA 96021
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    Corning, CA 96021
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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
    950 Hwy 99 Corning, CA 96021
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