Property profile

19745 Timbercove Dr Corning, CA 96021

OFF-MARKET
Land
Property ID
US09-4552722
16.66 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully operational egg production and processing facility situated on 16.66 acres of agricultural land in Corning, CA (APN: 061-280-037). The property boasts a substantial 26,000 sq. ft. wood-framed building, designed to accommodate a 20,273-chicken flock. The facility includes a 1,500 sq. ft. egg packing room, a refrigerated egg room, loading dock, office, and restroom. Modern equipment enhances efficiency, featuring an automatic drop-down feed system (720 feeders), nipple waterers (1,400+), flat-style nests with automatic kick-outs, an automatic scale for bird monitoring, and a double conveyor system for egg delivery to an automatic egg packer. The building's climate control is optimized with Tri-Poly covered and insulated ceilings, green fans, roof louvers, and ten air ventilation fans. Lighting is provided by 134 12-watt LED overhead bulbs, supplemented by an evaporator mister system. A significant advantage is the inclusion of a recently installed 200KW owned solar system and a 60KW standby generator with an automatic transfer switch. The property also features two bi-fold doors for manure removal, 52,000 sq. ft. of enclosed roaming space for the chickens, and two 18-ton bulk feed tanks. A half-acre stock pond provides additional fire protection. The property is zoned AG-2. This turnkey operation presents a rare opportunity for immediate income generation and future expansion within the thriving agricultural sector.

Property profile

Verified
Property type Land
Lot 16.66 ac (725,710 SF)
UPID US09-4552722

Cap rate & NOI

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

Location

19745 Timbercove Dr Corning, CA 96021
Corning metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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