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    OFF-MARKET
    Retail properties & Spaces

    950 Hwy 99, Corning, CA 96021

    Property ID
    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
    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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