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Property profile & analytics
OFF-MARKET Estimated value $505,000
Turn key restaurants

1262 Henderson Ave Porterville, CA 93257-1455

4,952 SF 0.72 ac lot Built 2002
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US09-5796773
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Construction WOOD
Total area 4,952 SF
Lot 0.72 ac (31,370 SF)
Zoning code CR
APN 246-120-024-000
UPID US09-5796773
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
Current use
Occupant on record · Public records
  • Denny's Restaurant
  • The Meltdown Restaurant
  • The Burger Den Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
$663k
Blend (final) Blend
$505k
Owner & transaction history
Islandia 29 · 17 yrs held
Islandia 29
since 2008
1 recorded transaction
2008
Price N/A
Zoning & alternative use
CR · Porterville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CR Retail Centers. To maintain areas for regional shopping centers located at major circulation intersections. Large format or “big box” retail and auto sales as well as travel related services, such as hotels and gas stations are allowed. The maximum FAR is 0.35. CG General and Service Commercial. To provide areas for retail and services uses that meet loca…

Zone name Retail Centers
General category COMMERCIAL
Zone area 241.29 ac
Source 100.01: TITLE AND AUTHORITY:
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