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    1594 Olive Ave Porterville, CA 93257

    For Sale
    Contact for pricing

    0.58-acre lot, 5,500 sq ft, ideal for retail

    Property size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.58-acre commercial lot, located at 1594 West Olive Avenue in Porterville, California (zip code 93257), presents a unique opportunity for development. The property boasts 5,500 square feet and is situated on a high-visibility corner lot along Porterville's major east-west corridor, Olive Avenue, ensuring excellent access and exposure. Three existing curb cuts facilitate convenient ingress and egress. The site is primed for a variety of commercial uses, including a restaurant with a drive-thru window, or a retail space designed to suit specific needs. A proposed building can be tailored to meet the requirements of the tenant. Existing utilities are already in place, simplifying the development process. This property offers a fantastic opportunity to establish a thriving business in a high-traffic location. The location is near CA-65, making it easily accessible. The flexible zoning allows for a range of possibilities, from fast-food establishments to other retail ventures. Don't miss this chance to acquire a prime commercial property in a growing area.

    Property Features for 1594 Olive Ave

    General Information

    Property type
    Retail properties
    Square Feet
    5,500 SF
    Lot Size
    25,265 SF

    HighLights

    • Highly customizable building design to meet tenant specifications.
    • Restaurant with drive‑thru planned; ideal retail environment.
    • Excellent corner lot visibility with three existing curb cuts.
    • Utilities readily available on‑site.
    Property Profile Insight Report 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
    -119.052593
    Latitude
    36.066184

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    FAQs

    What type of property is this?
    Retail property - 0.58-acre lot, 5,500 sq ft, ideal for retail
    Where is this retail property located?
    The property is located at 1594 Olive Ave Porterville, CA.
    What are key features of this property?
    This property features: Highly customizable building design to meet tenant specifications.; Restaurant with drive-thru planned; ideal retail environment.; Excellent corner lot visibility with three existing curb cuts.
    Request Owner's contact information
    1594 Olive Ave 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
    1594 Olive Ave Porterville, CA 93257
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