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Property profile & analytics
OFF-MARKET Estimated value $5,500,000
Super regional malls

305 Olive Ave Porterville, CA 93257-4871

32,400 SF 0.76 ac lot Built 1985
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US09-5973916
Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1985
Construction TILT-UP CONCRETE
Total area 32,400 SF
Lot 0.76 ac (33,304 SF)
Zoning code D-MX
APN 261-330-004-000
UPID US09-5973916
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vallarta Supermarkets Specialty Food Shop Supermarket
  • La Cocina Vallarta Restaurant
  • Margo Bitcoin ATM Atm Crypto Atm
  • Primo Water Refill Big Box & Wholesale Store
  • Coin Cloud Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.50M
Owner & transaction history
Autozone Parts INC · 3 yrs held
Autozone Parts INC
since 2023
5 recorded transactions
2023
Price N/A
2018
Price N/A
2009
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
D-MX · Porterville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

D-MX Downtown Mixed-Use. Create a mixed-use area that attracts businesses and residents to locate Downtown, and provides a transition area between commercial areas and residential neighborhoods. Allow a mix of commercial, service, office, and residential uses that do not adversely impact one another in a significant way. Create an attractive streetscape of b…

Zone name Downtown Mixed Use
General category MIXED_USE
Zone area 64.36 ac
Source 100.01: TITLE AND AUTHORITY:
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