Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Mixed-use properties

    0 Carona Ave, Corning, CA 96021

    3.71 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.71-acre commercial land parcel in Corning, CA, presents a unique investment opportunity. Located along the busy I-5 corridor, this property boasts Highway Commercial zoning within the Hwy 99-W Specific Plan, further enhanced by two overlay districts promoting freeway-oriented commercial and mixed-use projects. Its strategic location halfway between Sacramento and Redding makes it a prime spot for businesses catering to commuters, benefiting from high traffic volume. The area's thriving economy is fueled by a Tesla charging station, numerous hotels, quick-service restaurants, and other commuter-focused businesses. The presence of a major truck stop hub and the popular Rolling Hills Casino, which hosts a wide array of events including concerts, equestrian events, and sporting competitions, significantly boosts tourism and creates a robust market. Currently utilized as a productive olive orchard, the land offers immediate income potential while presenting significant upside for future development. The APN is 069-210-077-000. The asking price is $450,000.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 3.71 ac (161,608 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Carona Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    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