Property profile

950 Hwy 99 Corning, CA 96021

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1,058-square-foot retail or office space is ideally situated at 950 Highway 99 West in Corning, CA, zip code 96021. The single-story building offers a flexible layout perfect for a variety of businesses. Located at the Solano Street interchange of Interstate 5, this property benefits from high visibility and convenient access for both local customers and interstate travelers. The location is strategically positioned two hours north of Sacramento and a half-hour northwest of Chico, making it a prime location to serve a diverse customer base. Corning boasts a thriving agricultural industry, including significant olive oil, dried plum, walnut, and almond production, supporting well-known brands like Sunsweet, Lucero Olive Oil, and Bell-Carter Foods Inc., the second largest table olive processor globally. The property's proximity to hotels further enhances its appeal to travelers and truckers. This space presents a unique opportunity for businesses seeking high visibility and access to a robust local and regional market. The minimum divisible space is 1,058 square feet, and the maximum contiguous space is also 1,058 square feet. Currently, 1,058 square feet is vacant and ready for immediate occupancy. This is a multi-tenant property. The property is located on Historic Highway 99W at Solano Street, offering excellent exposure to a high volume of traffic.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

950 Hwy 99 Corning, CA 96021
Corning 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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