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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

The property is a retail storefront building located on Main St in Porterville, California. It has historically been used as a beauty salon for more than six years and contains substantial storage space as well as an underground basement. Building improvements include a roof replacement completed in 2015, new interior flooring installed in 2016, and an LED lighting conversion completed within the last two years. The interior is configured as an established personal-care/compatible retail setup,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Oct 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 7 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 comparables7

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.7
HVAC Service11.4
Storage Facility11.0

Location

172 N Main St Porterville, CA 93257
County assessor Recorded deeds · 9 transfers 7 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 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
682 Olive, Porterville, CA 93257-3247 $250,000 May 2025 2,289 SF
118 Main, Porterville, CA 93257-3714 $115,000 Dec 2024 3,093 SF
943 Westfield, Porterville, CA 93257-1255 $250,000 Dec 2024 2,040 SF
1187 Henderson, Porterville, CA 93257-1452 $650,000 Apr 2024 3,066 SF
75 Main, Porterville, CA 93257-3711 $160,000 Feb 2024 2,116 SF
16841 Ave 168, Woodville, CA 93257-9264 $100,000 Nov 2023 1,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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