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    OFF-MARKET
    Commercial real estate

    5475 Rachelle Way, Corning, CA 96021

    23.48 ac lot
    Property ID
    US09-4271690
    Property summary
    AI-generated overview

    This exceptional 23.48-acre property, located at 5475 Rachelle Way in Corning, California (zip code 96021), presents a unique opportunity for development or investment. The land is zoned EA-B:871 and boasts breathtaking views, multiple potential building sites, and seasonal creek views. Situated within the Thomas Creek estates, this homesite offers the perfect blend of privacy and convenience. Enjoy the serenity of a large estate while remaining just 10 minutes from downtown Corning, providing easy access to local amenities such as shops, gas stations, grocery stores, and schools. The property's proximity to the Sacramento airport (approximately 1/12th the driving distance from Corning) adds to its appeal. The surrounding neighborhood features beautiful country estate properties, creating a desirable and harmonious environment. The APN is 061-210-048-000. This is an exceptional opportunity to build your dream home or create a unique investment portfolio in a picturesque setting. The asking price for this remarkable property is $230,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 23.48 ac (1,022,789 SF)
    APN 061-210-048-000
    UPID US09-4271690
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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