Riggin Ave. And Rd 76 Visalia, CA 93291
- Land
- 5.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Riggin Ave. And Rd 76
- Lot size
- 5.50 lot acres
- Property type
- Land
Description
This exceptional 5.5-acre commercial land parcel presents a compelling investment opportunity in Visalia, California. Strategically located at the southwest corner of W. Riggin Ave. and Road 76 in Tulare County (zip code 93291), this property boasts a prime position within the high-traffic corridor of Goshen Village East development. The site is zoned M-U and offers excellent access, making it ideal for a variety of commercial uses. Its location within an Opportunity Zone adds significant tax advantages. The property's potential is further enhanced by its suitability for a quick-service restaurant (QSR) and fuel station, and it is particularly well-suited for a grocery store anchor, with a minimum 10,000 square foot requirement for any initial project. Goshen Village East is a thriving community with approximately 89 single-family residential lots and an estimated 100-140 multi-family units, creating a built-in customer base. The current lack of grocery options in Goshen makes this site exceptionally attractive to retailers seeking to serve the area's significant unmet demand for fresh produce and everyday necessities. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area with significant upside potential. The asking price for this exceptional property is $2,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Visalia
- County
- Tulare
- State
- California
- Longitude
- -119.354
- Latitude
- 36.3565
