0 Houghton Ave, Corning, CA 96021
This exceptional 33.16-acre parcel presents a compelling opportunity for residential development in Corning, California. Located in Tehama County, this property boasts R-1 zoning and is identified by APNs 071-030-006 and 071-030-016. The asking price is $2,000,000. While previous approvals for a 134-lot subdivision (issued in 2006, subsequently expired) are no longer valid, they serve as a strong indicator of the significant development potential inherent in this land. The property's location on Houghton Ave, Corning, CA 96021, offers convenient access to city amenities. The expansive lot size provides ample space for a substantial residential project, making it an attractive investment for developers seeking a prime infill location within the thriving Corning community. This represents a unique chance to capitalize on the existing infrastructure and favorable zoning regulations to create a significant residential development. The property's history of prior subdivision approval highlights its suitability for a large-scale residential project. Serious inquiries are encouraged.
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
Similar Nearby for Lease
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.