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    Hwy 190 & Hwy 65 Porterville, CA 93257

    Sponsored
    For Sale
    $4,000,000

    Prime 17.77-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 17.77-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Porterville, California. Located at the high-traffic intersection of Highway 190 and Highway 65, this property boasts exceptional visibility and accessibility. With a daily traffic count of 24,800 on Highway 190 and 28,500 on Highway 65, this site offers unparalleled exposure for any commercial development. The strategic location directly adjoins a Lowe's anchored shopping center, ensuring a strong retail presence and high consumer traffic. This prime location is further enhanced by the proximity to other major retailers, including Home Depot, Aldi, Holiday Inn Express, and Best Western Hotel, creating a vibrant and established commercial environment. The asking price for this significant land parcel is $4,000,000. This presents a unique chance to acquire a substantial piece of land in a rapidly growing area with significant potential for future development and substantial return on investment. The property's size and location make it ideal for a variety of commercial uses, offering significant flexibility for prospective buyers. The address is HWY 190 & HWY 65, Porterville, CA 93257, in Tulare County.

    Property Features for 0 Hwy 190 & Hwy 65

    General Information

    Property type
    Land
    Lot Size
    774,061 SF

    HighLights

    • $4,000,000 asking price.
    • 17.77‑acre commercial land parcel.
    • Located in Porterville, CA, at the intersection of HWY 190 and HWY 65.
    • High traffic count location (HWY 190: 24,800 ADT, HWY 65: 28,500 ADT).
    • Adjacent to a Lowe's‑anchored shopping center with nearby retailers including Home Depot, Aldi, Holiday Inn Express, and Best Western.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.0167603
    Latitude
    36.0651915

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    FAQs

    What type of property is this?
    Land - Prime 17.77-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at Hwy 190 & Hwy 65 Porterville, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: $4,000,000 asking price.; 17.77-acre commercial land parcel.; Located in Porterville, CA, at the intersection of HWY 190 and HWY 65.
    (916) 277-8123
    Request Owner's contact information
    Hwy 190 & Hwy 65 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
    Hwy 190 & Hwy 65 Porterville, CA 93257
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