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Property profile & analytics

127 N Main St Porterville, CA 93257

  • Retail space
  • 7,326 SF
  • 0.17 lot acres
For Lease
Last Sale
May 19, 2021
$565,000
Value Estimations
$600,000
Cap Rate Potential
Location Intelligence
Property ID
US09-5776955
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Little Miss P. / Children'S Clothing Store

Property Details for 127 N Main St

Year built
1900
Construction
TILT-UP CONCRETE
Lot size
0.17 lot acres
Property size
7,326 SF
Zone code
D-R
Property type
Retail space
APN
253-171-017-000
APU
253171017000

Description

This exceptional retail opportunity presents two available suites within a 7,326 square foot building situated in the heart of Porterville's bustling downtown area, at 127 N Main St, Porterville, CA 93257. The property, zoned DR-N - Retail-North of Olive, boasts a prime location on Main Street, a historically significant retail corridor serving a large portion of Porterville's residents. Suite #11, formerly a bakery, offers approximately 1,400 square feet of wide-open retail space, complete with a rear storage area, new flooring, and fresh paint. Suite #15, a former creamery, encompasses approximately 676 square feet of open space and a rear restroom. Both suites benefit from existing water and drain improvements. The property's strategic location directly beneath the new County of Tulare District Attorney and Public Defender offices, and in close proximity to the new 96,000 square foot Porterville Courthouse, ensures high visibility and foot traffic. With a daytime population of approximately 45,177 people within a 2-mile radius and easy highway access, this property represents a compelling investment in a thriving retail market. The 0.17-acre lot is classified as Class C and was built in 1900. This is a rare opportunity to establish a business in a high-demand location within Porterville's primary retail corridor, near the intersection of Main and Olive Streets.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $650,000
    ML approach
    $595,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $813,000
    Market price range: $422k - $1.34M
    AI Estimate
    $626,000
    Market price range: $356k - $1.03M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $810,000
    Current use
    APARTMENT HOUSE (5+ UNITS)
    $995,000
    Change: +23% Conversion: Difficult
    OFFICE BUILDING
    $940,000
    Change: +16% Conversion: Easy
    AUTO REPAIR, GARAGE
    $855,000
    Change: +6% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Porterville
County
Tulare
State
California
Longitude
-119.017
Latitude
36.0677
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
$6,489
$119,916
$479,134
$599,050
-
$0.00
$0.00
$0.00
More about this property
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