1575 St, Corning, CA 96021
This exceptional mixed-use property, located at 1575 Street in Corning, CA, presents a significant investment opportunity. Spanning an entire city block and encompassing 2.07 acres, the property boasts over 40,440 square feet of building space under roof. The complex comprises several interconnected metal buildings, with one independent structure. Access is readily available from Fig Lane, East Street, Peach Street, and an alleyway (Hickory Street), providing convenient ingress and egress. The northeast building is currently leased. The property's zoning designation is M-1, placing it in a prime industrial area. Its strategic location across the street from Olive Plant Properties offers high visibility and potential for synergistic business relationships. The seller is open to offering several months of rent towards the preparation of the new owner's business, providing a valuable incentive. This substantial property presents a unique chance to acquire a large, well-situated industrial complex in a thriving Corning, CA location. The property is offered at $4,500,000. Note that a separate listing (MLS # SN22024878) also exists for this property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.