Property profile

19525 Rd Corning, CA 96021

OFF-MARKET
Farms
1,592 SF Built 1992
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Property summary

AI-generated overview

This exceptional 10+ acre property in Corning, CA, presents a unique opportunity for agricultural pursuits or rural living. The land itself offers immense potential for farming, livestock, or other agricultural endeavors, with convenient access to a nearby lake. The property includes three existing structures, though significant renovation is required. A 2-bedroom, 1.5-bathroom mobile home is included, but needs substantial work. Additionally, there's a 600 square foot barn/shed, also requiring repairs, and a third original building structure in need of extensive renovation. All structures are currently uninhabitable. The property boasts stunning views of the surrounding mountains and orchards to the west. Utilities are available, with an existing well and electricity access already in place. Currently rented as agricultural land, this property is ideal for a buyer seeking a project with significant acreage and the potential to create a thriving rural homestead. The 1,592 square foot total building area is spread across the three structures. The property is being sold AS-IS. Buyers should be prepared for significant renovation and repair work.

Property profile

Verified
Property type Farms
Year built 1992
Total area 1,592 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19525 Rd Corning, CA 96021
Corning metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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