193 4th St Porterville, CA 93257-3945
- Office buildings
- 1,870 SF
- 0.13 lot acres
Current Use by Public Records
- Medical Offices Services - A Physician's Billing Service / Medical Billing Service / Accounting Firm
Property Details for 193 4th St
- Year built
- 1955
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.13 lot acres
- Property size
- 1,870 SF
- Zone code
- C-4
- Property type
- Office buildings
- APN
- 253-184-005-000
- APU
- 253184005000
Description
This 1,870 square foot, single-story office building in Porterville, CA, is available for sale at $375,000. Located at 193 N. 4th Street, this fee-simple property sits on a 5,500 square foot lot and is zoned C-4. Built in 1955, the building boasts 100% occupancy with a lease expiring June 11, 2024, presenting an excellent owner-user opportunity. The property features seven office spaces, two bathrooms, and a kitchen, along with off-street parking. Its prime location near Main Street offers high visibility and easy access to local amenities such as restaurants, banks, and shopping centers. The versatile space is suitable for both creative office and medical office uses, making it an attractive investment for a variety of businesses. The property's Class C designation reflects its potential for renovation and modernization to increase its value. The APN is 253-184-005-000. This is a single-unit building in Tulare County, California, zip code 93257.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $430,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $345,000
- Mixed-Use
- $455,000
- Hospitality
- $415,000
- Educational
- $430,000
- Residential Income
- $455,000
- Energy
- $385,000
- Income-Based Land
- $455,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Porterville
- County
- Tulare
- State
- California
- Longitude
- -119.013
- Latitude
- 36.069
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA