Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Electrical Service General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.