Financial
Distress signals
Property profile

221 N G St Porterville, CA 93257

FOR SALE
Office buildings
Property ID
US09-5778965
970 SF 0.11 ac lot Built 1986
Last sale Jan 2024 · $262,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding medical office building of approximately 970 square feet situated on a 0.11-acre lot. The interior is configured with a private reception area, a conference area, and multiple private offices, with exam rooms designed to accommodate included equipment if needed. The property provides 8 on-site parking spaces, with additional street parking available, and includes mature drought-resistant, low-maintenance landscaping. It is centrally located off West Cleveland Avenue with access

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$109k
Assessed land$54k
Assessed improvement$56k
Effective rate1.08%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 4.14% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$128/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$80 – $166

Cap rate analysis

How does the asset earn?
4.14%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTULARE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.6
HVAC Service8.9
Catering Service8.9

Location

221 N G St Porterville, CA 93257
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 Putnam, Porterville, CA 93257-3832 $290,000 Mar 2025 1,650 SF
174 Villa, Porterville, CA 93257-3218 $500,000 Jan 2025 2,130 SF
38 Morton, Porterville, CA 93257-2331 $290,000 Oct 2024 2,068 SF
341 D, Porterville, CA 93257-3629 $195,000 Nov 2023 1,360 SF
395 2nd, Porterville, CA 93257-3850 $135,000 Jul 2023 1,386 SF
1235 Prospect, Porterville, CA 93257-1126 $105,000 May 2023 1,744 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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