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Property profile & analytics

Corona Ave Corning, CA 96021

  • Commercial real estate
  • 3.71 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Corona Ave

Lot size
3.71 lot acres
Property type
Commercial real estate

Description

This exceptional 3.71-acre commercial property boasts a prime location along the busy Interstate 5 corridor in Corning, CA. Situated midway between Sacramento and Redding, this strategic location benefits from significant commuter traffic. The area's popularity is further enhanced by the presence of a Tesla electric car charging station, attracting travelers and providing ample opportunity for overnight stays. The existing infrastructure supports a thriving business environment, with successful hotels, quick-service restaurants, full-service restaurants, and commuter-focused businesses already established. The property's proximity to a major truck stop hub and the Rolling Hills Casino, a significant regional attraction hosting numerous events (concerts, equestrian events, dog trials, golf tournaments, and hunting events), contributes to high visibility and substantial foot traffic. Currently utilized as a productive olive orchard, the property is zoned Highway Commercial, falling within the Hwy 99-W Specific Plan and two overlay districts that actively promote freeway-oriented commercial activities and mixed-use developments. This presents a unique opportunity for developers and investors seeking high-traffic exposure and diverse development potential in a rapidly growing area. The property's size and zoning offer significant flexibility for a wide range of commercial ventures, capitalizing on the area's robust tourism and commuter-driven economy. This is a rare chance to acquire a substantial commercial parcel in a high-demand location with exceptional growth potential.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Corning
County
Tehama
State
California
Longitude
-122.161
Latitude
39.9241
More about this property
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