23745 Avenue 112 Porterville, CA 93257
- Industrial properties
- 51,730 SF
- 4.91 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 23745 Avenue 112
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 4.91 lot acres
- Property size
- 51,730 SF
- Zone code
- AE10
- Property type
- Industrial properties
- APN
- 302-450-003-000
- APU
- 302450003000
Description
This exceptional 103,000± square foot cold storage and packing house facility presents a unique investment opportunity in the heart of Tulare County's agricultural region, specifically between Porterville and Terra Bella. Built in 1954 and subsequently remodeled and well-maintained, the property sits on a generous 6.15-acre lot and is zoned AE-10. The facility boasts a comprehensive layout designed for efficient agricultural processing and storage. Key features include ample cold storage space, pre-cooling capabilities, dedicated dry storage areas, a de-greening room, a fully equipped packing room, office space, a shipping office, and a mechanical engine room. The asking price is $3,000,000, translating to a price per square foot of $29.13. This established facility is ideally situated to serve the significant table grape and citrus industries thriving in the area, offering immediate potential for continued operation or redevelopment. The property's size and functionality make it suitable for a variety of agricultural and related businesses. Its location provides easy access to major transportation routes, ensuring seamless logistics and distribution. This is a rare opportunity to acquire a substantial, well-maintained cold storage and packing house in a high-demand agricultural market. The property's history of successful operation, combined with its strategic location and substantial size, positions it for continued success and strong returns on investment. The property is located at 23745 Ave 112, Porterville, CA 93257.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,565,000
- ML approach
- $1,525,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,156,000
Market price range: $926k - $1.63M
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Location Insight
- Map
- Local Demand
- City
- Porterville
- County
- Tulare
- State
- California
- Longitude
- -119.043
- Latitude
- 35.9924
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
