Financial
Distress signals
Property profile

53 Cleveland Ave Porterville, CA 93257

OFF-MARKET
Office buildings
Property ID
US09-5784553
0.15 ac lot
Last sale Sep 2022 · $240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail shop space of approximately 1,740 square feet is located in Downtown Porterville, within the Main & Olive retail corridor. The unit was previously used as a beauty salon and retains existing sinks. It is positioned directly beneath the County of Tulare District Attorney and Public Defender offices and near the Porterville Courthouse (approximately 96,000 square feet), contributing to pedestrian and visitor access. The site is also near a major highway, providing convenient roadway access for motorists.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$245k
Assessed land$61k
Assessed improvement$184k
Effective rate1.08%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$220k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$128/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$80 – $166

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTULARE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.4
Carpet & Flooring Store9.1
Catering Service8.8

Location

53 Cleveland Ave Porterville, CA 93257-3748
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
767 Porter, Porterville, CA 93257-2058 $480,000 Jul 2025 2,999 SF
1494 Olive, Porterville, CA 93257-3062 $500,000 Jun 2025 2,624 SF
193 4th St, Porterville, CA 93257-3945 $350,000 Mar 2025 No data
109 Putnam, Porterville, CA 93257-3832 $290,000 Mar 2025 1,650 SF
101 Ml, Porterville, CA 93257 $594,000 Feb 2025 5,984 SF
320 Putnam, Porterville, CA 93257-3468 $255,000 Feb 2025 2,147 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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