Technical
Financial
Distress signals
Property profile

1343 S Main St Porterville, CA 93257

FOR SALE
Other industrial properties
Property ID
US09-5782820
2.28 ac lot
Trust Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

A freestanding industrial building totaling approximately 42,000 square feet situated on approximately 2.28 acres, with adjacent expansion land of approximately 4.27 acres (about 186,113 square feet) for a combined total of approximately 6.55 acres. The site includes a paved, fully fenced yard area and additional expansion land. The building is laid out with approximately 4,000 square feet of air-conditioned and heated office, conference, and training space, plus approximately 38,000 square feet of warehouse area served by an evaporative cooler and Reznor heaters. Loading is provided by three 12' x 12' ground-level doors and one 20' x 14' ground-level roll-up door, along with a two-spot truck dock and semi-access. Utilities include a 240/480 Volt, 3-Phase, 4-Wire, 800 Amp electrical service. The building provides approximately 21' clear height, is fully insulated, includes skylights, and has heavy industrial power throughout. The property has frontage on Main Street with signage and offers convenient access to major freeways (CA-65 and 190); it is located near the Walmart Distribution Center and is covered by flexible zoning permitting many uses.

Property profile

Verified
Property type Other industrial properties
Use group LUMBERYARD, BUILDING MATERIALS
Lot 2.28 ac (99,316 SF)
APN 269-060-012-000
UPID US09-5782820

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electrical Equipment Manufacturer Battery Manufacturer
  • Electrical Equipment Manufacturer
  • Church
  • Distribution Center Logistics Company

Location

1343 S Main St Porterville, CA 93257
Porterville metro Census 4102 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2004
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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