0 Indianna & Springville Dr Porterville, CA 93257
This exceptional 2.98-acre parcel, located at the southeast corner of Indianna and Springville Drive in Porterville, California (zip code 93257), presents a remarkable investment opportunity. The property boasts a mixed-use zoning designation (APN 260060006000), allowing for diverse development possibilities. Its strategic corner location provides convenient access from two major streets, enhancing visibility and accessibility for any future development. The land is priced at $599,000, translating to approximately $201,006.71 per acre. Given the current market demand for apartments in the area, this location offers significant potential for residential development, alongside other commercial ventures permitted under the mixed-use zoning. The property is offered with 100% ownership. This is a rare opportunity to acquire a substantial land parcel in a growing California market, ideal for investors seeking to capitalize on the region's development potential. Detailed zoning information and development guidelines are readily available upon request. This property is ready for your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.