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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

15035 Rd 192 Poplar, CA 93257

528 SF 0.16 ac lot Built 1961
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5851008
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1961
Construction WOOD
Total area 528 SF
Lot 0.16 ac (7,000 SF)
Zoning code C2
APN 237-040-028-000
UPID US09-5851008
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Valley Homes LLC · 2 yrs held
Valley Homes LLC
since 2024
Last sale
$225,000
4 recorded transactions
2024
$225,000
2007
$41,000
2005
$115,000
1969
Price N/A
Zoning & alternative use
C2 · Poplar, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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