Financial
Distress signals
Property profile

172 N Main St Porterville, CA 93257

FOR LEASE
Retail space
Property ID
US09-5776881
2,062 SF 0.05 ac lot Built 1926
Last sale Mar 2022 · $110,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property consists of a retail space of approximately 2,062 square feet located along a busy retail corridor. It features direct frontage on Main Street and is positioned on a corner, providing frontage for signage and increased street exposure. The site includes ample parking and is situated near major traffic generators and access to the CA-65 ramps, with convenient connectivity to surrounding major corridors. The surrounding area includes a mix of professional offices, banks,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$203k
Assessed land$31k
Assessed improvement$172k
Effective rate1.08%

Value estimate

· Sep 2026
$220k
$198k – $242k
AI approach$185k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI · 2,943,200.00% cap applied$29k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$58 – $182
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2,943,200.00%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTULARE

Location intelligence

Which uses thrive at this corner?
Best fit: Bar & Pub
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bar & Pub11.7
HVAC Service10.7
Parking Facility10.3

Location

172 N Main St Porterville, CA 93257
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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