8 Northgrand Ave Porterville, CA 93257
- Mixed-use properties
- 544,064 SF
- 12.49 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 8 Northgrand Ave
- Lot size
- 12.49 lot acres
- Property size
- 544,064 SF
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity encompasses eight parcels totaling 12.49 acres of prime commercial real estate in Porterville, California. The property boasts a substantial 544,064 square feet of land zoned for retail and commercial use, offering significant development potential. Currently, the assemblage includes two single-family residences, one mobile home, and five vacant lots, presenting a diverse range of possibilities for immediate income generation and future expansion. The City of Porterville has officially confirmed the retail/commercial zoning designation for all eight parcels, ensuring a clear path for various development projects. This presents a unique chance to acquire a large-scale property in a growing area. The existing structures provide immediate cash flow, while the vacant land allows for future construction or expansion of existing businesses. The property's size and zoning make it ideal for a variety of commercial ventures, from retail shops and restaurants to light industrial uses. This is a rare opportunity to acquire a significant land holding in a desirable location with confirmed zoning, offering substantial returns for a savvy investor. Please note that the pool store adjacent to the property is not included in this sale. Serious inquiries only. Do not disturb tenants.
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
- Porterville
- County
- Tulare
- State
- California
- Longitude
- -119.035
- Latitude
- 36.0982
