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    190 And Jaye St Porterville, CA 93257

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    Porterville, CA: 1M+ SF Retail Development

    Property size:
    1,042,390 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Riverwalk Marketplace presents a unique opportunity for significant retail development in Porterville, California. This 1,042,390 square foot site, located at the Northwest corner of Highway 190 and Jaye Street (Highway 65), boasts a Planned Development Approved Retail zoning. The property is strategically positioned to capitalize on the substantial growth in South Porterville, benefiting from its proximity to major employers including a Walmart Distribution Facility (approximately 1,000 employees), Porterville Developmental Center (over 1,200 employees), and Porterville College (nearly 5,000 students), all within a 3-mile radius. The site's strong daytime population is further enhanced by planned residential development including over 400 single-family and 120 multifamily units. Currently anchored by Lowe's, Riverwalk Marketplace offers exceptional visibility and accessibility with significant frontage along Highway 190, attracting substantial commuter traffic. Development options include anchor, junior anchor, pad, and multi-tenant pad sites, catering to a diverse range of retail needs. This is a rare opportunity to establish a thriving retail center in a rapidly expanding market with a business-friendly environment in Tulare County, CA, zip code 93257. The property's size and location make it ideal for national co-tenants and offers significant potential for long-term growth and return on investment.

    Property Features for 190 And Jaye St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    1,042,390 SF

    HighLights

    • Lowe's anchored, 1,042,390 SF retail site in Porterville, CA.
    • Planned Development Approved Retail zoning at the NW corner of Hwy 190 & Jaye St (Hwy 65).
    • Strong daytime population driven by nearby major employers (Walmart Distribution, Porterville Developmental Center, Porterville College).
    • Significant residential growth planned within a 3‑mile radius (400+ single‑family, 120+ multi‑family units).
    • High visibility and accessibility with frontage on Hwy 190, attracting substantial commuter traffic.
    • Development options include anchor, junior anchor, pad, and multi‑tenant pad sites, ideal for national co‑tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.0263706
    Latitude
    36.0516405

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    FAQs

    What type of property is this?
    Lifestyle center - Porterville, CA: 1M+ SF Retail Development
    Where is this lifestyle center located?
    The property is located at 190 And Jaye St Porterville, CA.
    What are key features of this property?
    This property features: Lowe's anchored, 1,042,390 SF retail site in Porterville, CA.; Planned Development Approved Retail zoning at the NW corner of Hwy 190 & Jaye St (Hwy 65).; Strong daytime population driven by nearby major employers (Walmart Distribution, Porterville Developmental Center, Porterville College).
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    190 And Jaye 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
    190 And Jaye St Porterville, CA 93257
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