23745 Avenue 112Porterville, CA 93257

  • Industrial properties
  • 51,730 SF
For Sale
$3,000,000 View listing

Property Details for 23745 Avenue 112

Year built
1953
Construction
WOOD
Lot size
4.91 AC
Property size (Sq ft)
51,730 SF
Zone code
AE10
Property type
Industrial properties
Property subtype
Other industrial properties
APN
302-450-003-000
APU
302450003000

Description

This exceptional 103,000± square foot cold storage and packing house facility presents a unique investment opportunity in the heart of Tulare County's agricultural region, specifically between Porterville and Terra Bella. Built in 1954 and subsequently remodeled and well-maintained, the property sits on a generous 6.15-acre lot and is zoned AE-10. The facility boasts a comprehensive layout designed for efficient agricultural processing and storage. Key features include ample cold storage space, pre-cooling capabilities, dedicated dry storage areas, a de-greening room, a fully equipped packing room, office space, a shipping office, and a mechanical engine room. The asking price is $3,000,000, translating to a price per square foot of $29.13. This established facility is ideally situated to serve the significant table grape and citrus industries thriving in the area, offering immediate potential for continued operation or redevelopment. The property's size and functionality make it suitable for a variety of agricultural and related businesses. Its location provides easy access to major transportation routes, ensuring seamless logistics and distribution. This is a rare opportunity to acquire a substantial, well-maintained cold storage and packing house in a high-demand agricultural market. The property's history of successful operation, combined with its strategic location and substantial size, positions it for continued success and strong returns on investment. The property is located at 23745 Ave 112, Porterville, CA 93257.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,394,118
    Hospitality
    $7,688,967
    Educational
    $6,397,130
    Medical
    $6,617,138
    Retail
    $9,951,091
23745 Avenue 112, Porterville, California
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Location Insight

City
Porterville
County
Tulare
State
California
Latitude
35.9924
Longitude
-119.043
CBSA code
47300
CBSA name
VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$24,618
$461,625
$1,920,952
$2,382,577
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