15035 Rd 192 Poplar, CA 93257
- Retail properties
- 528 SF
- 0.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for 15035 Rd 192
- Year built
- 1961
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 528 SF
- Zone code
- C2
- Property type
- Retail properties
- APN
- 237-040-028-000
- APU
- 237040028000
Description
This exceptional 628-square-foot commercial building is situated on a 0.16-acre lot at 15035 Rd 192 in Porterville, California. Its prime location on a busy road ensures high visibility and accessibility, complemented by ample parking for customers and employees. The building has undergone tasteful renovations, both internally and externally, presenting a modern and attractive faГ§ade. Significant upgrades include the installation of new, energy-efficient heating and cooling units, as well as tankless water heaters, resulting in substantial savings on utility costs. The dual electric meters provide the flexibility to operate as a single unit or accommodate multiple tenants, maximizing rental income potential. This property presents a compelling investment opportunity for entrepreneurs seeking to establish a new business or for existing businesses looking to expand their operations. The combination of its desirable location, recent upgrades, and versatile layout makes this a truly exceptional commercial property in the thriving Porterville market. The asking price is $250,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $250,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $205,000
- Mixed-Use
- $190,000
- Hospitality
- $240,000
- Educational
- $190,000
- Residential Income
- $230,000
- Energy
- $240,000
- Income-Based Land
- $240,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Poplar
- County
- Tulare
- State
- California
- Longitude
- -119.143
- Latitude
- 36.0629
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA