99 Hwy Corning, CA
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.