Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Hwy 190 & Hwy 65 Porterville, CA 93257

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime 17.77-acre commercial lot, high traffic.

    Property Features for 0 Hwy 190 & Hwy 65

    General Information

    Property type
    Land
    Lot Size
    774,061 SF

    We can help!

    Listing Contact
    Steve Edwards
    Steve Edwards

    Listing Agency: The Edwards Company Listing Agent: Steve Edwards

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    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 Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.0167603
    Latitude
    36.0651915

    Nearby Similar for Sale

    • New
      $289,000
      1,900 SF

      Income-Producing Duplex in Porterville

      Porterville duplex with long-term tenants and upside potential.
      221 S Leggett St, Porterville, CA 93257
      View Details
    • $349,000
      57,767 SF

      Large Mixed-Use Building in Porterville

      Spacious 57,767 sqft mixed-use building on a 0.91-acre lot.
      138 S E St, Porterville, CA 93257
      View Details
    • $650,000
      4,674 SF

      Profitable Office Building with Upside

      Well-maintained office building with long-term tenants and income potential.
      1055 W Morton Ave, Porterville, CA 93257
      View Details
    • $699,000
      8,000 SF

      Downtown Porterville Retail Shop Space

      Prime retail space in a high-traffic downtown location.
      40 N Main St, Porterville, CA 93257
      View Details
    • $330,000
      1,650 SF

      Freestanding Building on Putnam Avenue

      Two office suites totaling 1,650 SF on 0.13 acres.
      109 E Putnam Ave, Porterville, CA 93257
      View Details
    • $650,000
      4,324 SF

      Freestanding Building Investment Opportunity

      Multi-tenant building with value-add potential near Henderson Ave & Main St.
      304 Sequoia Cir, Porterville, CA 93257
      View Details
    • $425,000
      3,676 SF

      Medical Building Investment Opportunity

      Single tenant medical building for sale in Porterville, California.
      770 N Main St, Porterville, CA 93257
      View Details
    • $325,000
      970 SF

      Freestanding Medical Office Building

      970 SF medical office with private parking in Porterville, CA.
      221 N G St, Porterville, CA 93257
      View Details
    • $525,000
      12,703 SF

      Retail Building in Downtown Porterville

      Former furniture store with showroom, office, and storage space.
      214 N 2Nd St, Porterville, CA 93257
      View Details
    • $995,000
      17,360 SF

      Clear-Span Warehouse on 3 Acres

      17,360 SF warehouse with fenced yard and office building.
      312 E Grand Ave, Porterville, CA 93257
      View Details
    • $589,500
      28,500 SF

      Industrial Warehouse Buildings For Sale

      28,500 SF industrial warehouse with offices and truck dock.
      180 S E St, Porterville, CA 93257
      View Details
    • $3,600,000
      42,000 SF

      Freestanding Industrial Building on Main

      42,000 SF industrial building with expansion land available.
      1343 S Main St, Porterville, CA 93257
      View Details

    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 Call to check price and availability
    Request Owner's contact information
    Hwy 190 & Hwy 65 Porterville, CA 93257
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hwy 190 & Hwy 65
    Porterville, CA 93257
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Steve Edwards
    Steve Edwards
    Real Estate License ID: 00977718
    (916) 277-8123 (916) 799-5985 (916) 277-8120
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!