Corona Ave Corning, CA

Property Details for Corona Ave

Lot size

3.71 lot acres

Property type

Industrial properties

Description

This exceptional 3.71-acre industrial property boasts a highly desirable location along the busy Interstate 5 corridor in Corning, California. Situated midway between Sacramento and Redding, this strategic location benefits from significant commuter traffic. The area's thriving economy is fueled by a Tesla Electric car charging station, numerous hotels, quick-service restaurants, and other businesses catering to commuters. The presence of a major truck stop hub and the popular Rolling Hills Casino further enhances the area's economic vitality. The casino's diverse events—including concerts, equestrian events, dog trials, golf tournaments, and hunting events—attract significant tourism and contribute to a robust local economy. Currently utilized as a productive olive orchard, the property is zoned Highway Commercial, falling within the Hwy 99-W Specific Plan and two overlay districts that actively promote freeway-oriented commercial activities and mixed-use developments. This presents a unique opportunity for developers and investors seeking a high-visibility location with strong growth potential. The property's size and zoning offer considerable flexibility for a wide range of commercial ventures, capitalizing on the high traffic volume and established commercial infrastructure of the I-5 corridor. This is a rare chance to acquire a significant parcel of land in a rapidly developing area. The existing olive orchard provides immediate income potential while allowing for future development plans.

Location Insight

City

Corning

County

Tehama

State

California

Longitude

-122.161

Latitude

39.9241