Property profile

1006 Verdugo Dr Porterville, CA 93257

OFF-MARKET
Specialty properties
Property ID
US09-5781555
1,926 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Total area 1,926 SF
UPID US09-5781555

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1006 Verdugo Dr Porterville, CA 93257
Porterville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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