5475 Rachelle Way, Corning, CA 96021
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.