15035 Rd 192 Poplar, CA 93257
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Poplar, CAPoplar. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.