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Property profile & analytics
OFF-MARKET
Mixed-use properties

99 Hwy Corning, CA

9.78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.78-acre commercial property presents a unique investment opportunity in Corning, CA. Strategically located on Highway 99, this CBDZ-zoned land offers unparalleled potential for a diverse range of developments. Imagine a thriving restaurant, a comfortable hotel or motel, or a modern apartment complex – the possibilities are vast. The property's prime location near downtown Corning and its proximity to the Rolling Hills Casino ensure high visibility and accessibility. The land is currently planted with olive trees, which will be removed prior to sale, and the site will be leveled for seamless construction. Existing infrastructure includes an agricultural well, septic system, and electricity, with convenient access to city sewer and water lines. This is a blank canvas for a visionary developer seeking to capitalize on Corning's growth trajectory. The expansive acreage and strategic location make this a truly remarkable opportunity to build a significant commercial presence in a rapidly developing area. This property is priced to sell at $450,000. Don't miss this chance to shape the future of Corning's commercial landscape.

Property profile
Verified
Property type Mixed-use properties
Lot 9.78 ac (426,017 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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