Technical
Financial
Distress signals
Property profile

1835 Thunderbolt Dr Porterville, CA 93257

OFF-MARKET
Other industrial properties
Property ID
US09-5787890
26,956 SF 0.62 ac lot Built 1990
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A 2,500-square-foot flex space building located in an airport area, featuring shop space with roll-up doors, a small office with HVAC, and a fully fenced yard area on a clear-span layout. The property includes a fully fenced and paved lot, oversized ground-level doors, and a concrete apron. Electrical service is rated at 480/277 Volt, 3-Phase, 4-Wire, with 400-amp capacity. Parking is available on all sides of the building to support exterior access. The building is situated near CA 65 and CA 190 with access to freeway 65 ramps, and it is configured for flexible uses under its zoning designation. The office HVAC is supplemented by evaporative coolers and heaters, and the building is pre-wired for Spectrum high-speed internet.

Property profile

Verified
Property type Other industrial properties
Use group LUMBERYARD, BUILDING MATERIALS
Year built 1990
Total area 26,956 SF
Lot 0.62 ac (26,956 SF)
Zoning code IA
APN 302-390-009-000
UPID US09-5787890

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

1835 Thunderbolt Dr Porterville, CA 93257-9300
Porterville metro Census 3401 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2023
Last sale
$270,000
7 recorded transactions
2023
Price N/A
2023
Price N/A
2022
Price N/A
2017
Price N/A
2017
$270,000
2017
Price N/A
1999
Price N/A

Zoning & alternative use

IA · Porterville, CA
Zoning description

maximum permitted height standard in the IA and PS district. Notwithstanding other provisions of this section, there shall be no exceptions to the specified height limits within the Airport Environs (AE) Overlay District…

General category INDUSTRIAL

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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