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    190 Jaye St Porterville, CA 93257

    Sponsored
    For Lease
    Contact for pricing

    Porterville, CA retail investment opportunity

    Lot size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 100,000 square foot retail center, located at the Northwest corner of Highway 190 and Jaye Street (Highway 65) in Porterville, California, presents a compelling investment opportunity. Currently, 10,000 square feet of space is available for lease within this multi-tenant shopping center, which is strategically positioned to benefit from significant residential growth in South Porterville. Over 400 single-family and 120 multi-family units are planned, expanding the potential customer base. The property boasts excellent visibility and accessibility, with frontage on Highway 190, capturing substantial commuter traffic. Its proximity to major employers, including a Lowe's anchored center, a Walmart distribution facility (approximately 1,000 employees), the Porterville Developmental Center (over 1,200 employees), and Porterville College (nearly 5,000 students), all within a 3-mile radius, ensures a strong and diverse customer base. The site is approved for retail development and offers flexible building opportunities including anchor, junior anchor, pad, and multi-tenant pad options. Located in Tulare County, zip code 93257, this property represents a rare chance to acquire a well-situated retail asset in a rapidly growing market. The property is situated at 190 & South Jaye Street, Porterville, CA 93257.

    Property Features for 190 Jaye St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,000 SF

    HighLights

    • Lowe's as the anchor tenant.
    • National co‑tenants provide strong synergy.
    • High daytime population ensures consistent traffic.
    • 2,200 employees within the immediate area.
    • Significant single‑family and multi‑family residential growth.
    • Diverse space options including anchor, junior, pad, and drive‑thru spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    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 retail investment opportunity
    Where is this lifestyle center located?
    The property is located at 190 Jaye St Porterville, CA.
    What are key features of this property?
    This property features: Lowe's as the anchor tenant.; National co-tenants provide strong synergy.; High daytime population ensures consistent traffic.
    Request Owner's contact information
    190 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 Jaye St Porterville, CA 93257
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