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Property profile & analytics
OFF-MARKET
Distribution centers

18411 Road 232 Porterville, CA 93257

2,400 SF 5.37 ac lot
Property ID
US09-5902942
Property summary
AI-generated overview

This ±2,400 square foot clear-span industrial warehouse sits on a ±5.37-acre lot in Porterville, CA. The property boasts a 14-foot ceiling height, two dock doors, and upgraded PG&E service. Multiple gas and water services are available, along with direct paved access and two shaded structures. The building is fully insulated with skylights throughout and features water and air lines. Conveniently located off CA-65, this property offers excellent access to Central California and benefits from approximately 109,008 cars passing daily. The flexible AE-20 zoning allows for diverse uses. This move-in ready space presents a prime alternative to new construction, encompassing two parcels totaling approximately 234,220 square feet. The asking price is $749,900, translating to $312.46 per square foot. The property's APN is 243-090-011 & 243-040-042. This vacant warehouse is ready for immediate occupancy.

Property profile
Verified
Property type Distribution centers
Total area 2,400 SF
Lot 5.37 ac (233,917 SF)
APN 243-090-011 & 243-040-042
UPID US09-5902942
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
Current use
Occupant on record · Public records
  • M D Tires (Bike/Boat/Book/etc) Store Auto Parts Store
  • Affordable Plumbing & Septic General Contractor
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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