Technical
Financial
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Property profile

180 E St Porterville, CA 93257

OFF-MARKET
Land
2.91 ac lot
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Property summary

AI-generated overview

This exceptional 2.91-acre commercial property in Porterville, CA, presents a unique investment opportunity. Located at 180 S E St, and zoned D-MX (Downtown Mixed-Use), this former citrus packing facility offers a versatile space ideal for various commercial uses. The property boasts approximately 43,000 square feet of indoor storage, including a substantial 13,500 square foot basement. Adding to its functionality is roughly 10,400 square feet of covered outdoor storage and loading area, complemented by a 60,000 square foot shade-cloth covered area. The existing infrastructure includes four private offices and three truck docks, providing ample space for operations and administration. City of Porterville water and sewer services are readily available. The property's Tulare County APN is 260-232-008. Note that the Sustainable Groundwater Management Act (SGMA) impacts groundwater usage; further details are available at the SGMA website (www.sgma.water.ca.gov/portal/). This property's substantial storage capacity, combined with its prime location and flexible zoning, makes it an attractive prospect for industrial, manufacturing, or agricultural businesses seeking a well-established facility in the heart of Porterville. The current use as a plant nursery with an indoor drip irrigation system highlights its adaptability.

Property profile

Verified
Property type Land
Lot 2.91 ac (126,760 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Food Market Specialty Food Shop
  • Consultant

Location

180 E St Porterville, CA 93257
Porterville 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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