Property profile

3070 Toomes Ave Corning, CA 96021

FOR SALE
Other warehouses
Property ID
US09-4747786
5,760 SF 1.49 ac lot Built 1976
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This commercial/industrial building comprises 5,760 square feet on a 1.49-acre parcel in Corning, California. The site includes substantial yard area intended to support on-site equipment use, parking, and outside storage suitable for light-industrial activities. The property is zoned M-1, which permits light-industrial uses in accordance with the applicable zoning designation. The facility provides an indoor workspace together with outdoor space that can support day-to-day operations requiring equipment staging and storage, and it is configured to accommodate a variety of light-industrial operational needs.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1976
Total area 5,760 SF
Lot 1.49 ac (64,904 SF)
Zoning code M-1
APN 087-050-067-000
UPID US09-4747786

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Waste Management Facility

Location

3070 Toomes Ave Corning, CA 96021
Corning metro Census 1101 RED BLUFF, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2012
3 recorded transactions
2026
Price N/A
2025
Price N/A
2012
$47,000

Zoning & alternative use

M-1 · Corning, CA
Zoning description

The intent of this zone is to promote light manufacturing, warehousing, and industrial uses with limited impacts on surrounding properties

General category INDUSTRIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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