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Property profile & analytics

2006 Olive Ave Porterville, CA 93257-2728

  • Automotive properties
  • 1,800 SF
  • 0.76 lot acres
OFF-MARKET
Last Sale
Nov 14, 2024
$460,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-5811889
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Automotive properties

Property Details for 2006 Olive Ave

Year built
1967
Construction
WOOD
Lot size
0.76 lot acres
Property size
1,800 SF
Zone code
CR
Property type
Automotive properties
APN
245-294-017-000
APU
245294017000

Description

This exceptional 0.76-acre (approximately 33,106 square feet) commercial land parcel presents a prime retail development opportunity in Porterville, California. Located at the highly visible corner of West Olive Avenue and Mathew Street, this shovel-ready site benefits from existing infrastructure, including in-place utilities (water, sewer, power, gas), curb, gutter, sidewalks, and drive approaches. The property's strategic location offers unparalleled visibility from major thoroughfares, with easy access to CA-65 and CA-190 off-ramps. Its square shape (approximately 166 feet wide by 158 feet deep) allows for efficient development. The CR (Retail Centers) zoning permits a wide range of uses, including convenience stores, car washes, hotels, restaurants, food markets, retail strip centers, and professional offices. This infill location is surrounded by established businesses and enjoys high consumer traffic and exposure. The property's excellent access, ample road capacity, and conformity to city policies make it an ideal investment for developers seeking a readily developable site in a thriving area. The site is situated near many existing and planned developments, offering further growth potential. Proximity to public transportation adds to its appeal. This is a rare opportunity to acquire a high-identity, corner lot in a high-traffic area of Porterville. The asking price is $595,000. The Assessor's Parcel Number (APN) is 245-294-017.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Porterville
County
Tulare
State
California
Longitude
-119.062
Latitude
36.0661
CBSA code
47300
CBSA name
VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,866
$172,144
$95,294
$267,438
-
$0.00
$0.00
$0.00
More about this property
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