53 Cleveland Ave Porterville, CA 93257-3748
This exceptional 1,740-square-foot freestanding retail building is located in the heart of Downtown Porterville, California, at 53 E Cleveland Ave, 93257. The property boasts a prime location directly beneath the new Tulare County District Attorney and Public Defender offices, ensuring high visibility and foot traffic. This single-tenant space features existing sinks from a previous beauty salon, offering potential for a variety of uses. Situated on a 0.14-acre lot, the two-story building is zoned D-PO Professional Office (APN 253-196-003, Tulare County). Its strategic placement within Porterville's busiest retail corridor, near Main and Olive streets, provides access to a substantial customer base. The property benefits from its proximity to a major highway, ensuring easy accessibility for motorists. A significant daytime population of approximately 43,236 people resides within a 2-mile radius, further enhancing its market appeal. The building's close proximity to the new, approximately 96,000-square-foot Porterville Courthouse adds to its desirability and potential for sustained success. This is a rare opportunity to acquire a well-positioned retail property in a thriving downtown area.
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Success Valley Medical Group Medical Clinic Hospital
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.