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Property profile & analytics
OFF-MARKET
Lifestyle centers

190 And Jaye St Porterville, CA 93257

1,042,390 SF
Property ID
Property summary
AI-generated overview

Riverwalk Marketplace presents a unique opportunity for significant retail development in Porterville, California. This 1,042,390 square foot site, located at the Northwest corner of Highway 190 and Jaye Street (Highway 65), boasts a Planned Development Approved Retail zoning. The property is strategically positioned to capitalize on the substantial growth in South Porterville, benefiting from its proximity to major employers including a Walmart Distribution Facility (approximately 1,000 employees), Porterville Developmental Center (over 1,200 employees), and Porterville College (nearly 5,000 students), all within a 3-mile radius. The site's strong daytime population is further enhanced by planned residential development including over 400 single-family and 120 multifamily units. Currently anchored by Lowe's, Riverwalk Marketplace offers exceptional visibility and accessibility with significant frontage along Highway 190, attracting substantial commuter traffic. Development options include anchor, junior anchor, pad, and multi-tenant pad sites, catering to a diverse range of retail needs. This is a rare opportunity to establish a thriving retail center in a rapidly expanding market with a business-friendly environment in Tulare County, CA, zip code 93257. The property's size and location make it ideal for national co-tenants and offers significant potential for long-term growth and return on investment.

Property profile
Verified
Property type Lifestyle centers
Total area 1,042,390 SF
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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