Property profile

191 W Poplar Ave Porterville, CA 93257

FOR SALE
Manufacturing properties
Property ID
US09-5787917
5 ac lot
Entity Owned 27-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This ±4.38-acre industrial land parcel in Porterville, CA, presents a compelling investment opportunity. Located at 191 W Poplar Ave, the property boasts a highly desirable location near major highways, offering excellent visibility and convenient access to CA-190 and CA-65, facilitating easy connection to CA-99 and I-5. The site is fully improved with curb, gutter, approaches, and cross access already in place, making it "shovel ready" for immediate development. Utilities are readily available on-site. Zoned IG (General Industrial), this versatile land allows for a variety of commercial uses, ideal for manufacturing, distribution, or warehouse facilities. The area is experiencing significant growth, with nearby established businesses and new developments, including a recently constructed Walmart Supercenter less than a mile away. The property benefits from high traffic counts, estimated at approximately 81,173 cars per day, and is situated near significant north/south and east/west traffic generators. The APN is 269-050-035. This prime industrial land offers an exceptional chance to capitalize on Porterville's thriving commercial sector. The asking price is $765,000.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 5 ac (217,800 SF)
APN 269-050-026-000
UPID US09-5787917

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
  • Industrial Manufacturer Production Facility

Location

191 W Poplar Ave Porterville, CA 93257
Porterville metro Census 4102 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 1999
1 recorded transaction
1999
Price N/A

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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message