1006 Verdugo Dr Porterville, CA 93257
This exceptional 1,926 square foot commercial land parcel presents a unique investment opportunity in Porterville, California. Located at 1006 N Verdugo Drive, in Tulare County, zip code 93257, this property is zoned for commercial use and offers significant potential for development. The land is conveniently situated in a well-established neighborhood, providing easy access to local amenities and services. Its proximity to Oak Grove Elementary School and Monache High School adds to its appeal. The asking price for this property is $359,000. While the existing structures on the property are not included in the sale, the substantial lot size provides ample space for a variety of commercial ventures. This is a blank canvas for a discerning investor seeking to establish a presence in a thriving community. The property's location offers excellent visibility and accessibility, making it an ideal site for businesses seeking a strong foothold in the Porterville market. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. Further details regarding zoning and development potential are available upon request. This is a rare opportunity to acquire a significant commercial parcel in a desirable location.
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.