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Property profile & analytics

4928 Marguerite Ave Corning, CA 96021-2258

  • Warehouses
  • 1,240 SF
  • 5.03 lot acres
OFF-MARKET
Last Sale
Nov 24, 2021
Value Estimations
$395,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-5023169
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

  • Patterson Electric Inc. / Electrician

Property Details for 4928 Marguerite Ave

Year built
1998
Construction
WOOD
Lot size
5.03 lot acres
Property size
1,240 SF
Property type
Warehouses
APN
075-080-033-000
APU
75080033000

Description

This expansive commercial warehouse, located at 4928 Marguerite Avenue in Corning, CA, presents a significant investment opportunity. Boasting approximately 81,000 square feet of space on a 5.03-acre lot, this property is exceptionally well-suited for a variety of businesses. The warehouse features a 2-hour firewall centrally dividing the space. The front section measures 200x205 feet, while the rear section is 200x200 feet, both offering impressive 25-30 foot ceilings. Two covered canopies, sized 50x70 and 50x90 feet respectively, are situated on the north side, each equipped with almond or walnut loading pits. Internal improvements include two offices with mini-split HVAC systems, two bathrooms, and a food-grade curb along the interior perimeter to protect walls from pallet damage. The property benefits from a robust electrical system, including 200 amp single-phase service with 220-volt and 120-volt outlets strategically placed. Two separate electric meters are installed for efficient energy management. Access is facilitated by four 14x14 roll-up doors and six man doors. The 6-inch concrete slab floors are painted with numbered stacking lanes, and all concrete seams are sealed for durability. The metal roof boasts a 5 lbs load rating and 10 wmp ceiling insulation. Security is enhanced by a 40-foot automatic entry gate with code access and perimeter metal fencing. The asking price is $6,480,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $395,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Corning
County
Tehama
State
California
Longitude
-122.168
Latitude
39.9401
CBSA code
39780
CBSA name
RED BLUFF, CA MICROPOLITAN 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
$18,742
$107,304
$1,679,937
$1,787,241
-
$0.00
$0.00
$0.00
More about this property
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