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Property profile & analytics
FOR LEASE
Industrial land

749 N Plano St Porterville, CA 93257

2.37 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5789933
Property summary
AI-generated overview

This ±4,160 square foot freestanding industrial building presents a compelling opportunity. Situated on a 1.49-acre lot, the property boasts a clear-span warehouse with multiple slider doors, a large fenced and paved concrete yard, and ample parking. The building itself features two distinct areas: a 40' x 40' section with 20' ceilings and a 32' x 80' section with 12.5' ceilings. It's equipped with heavy power (3-phase) and skylights, making it ideal for various manufacturing, warehouse, or distribution uses. The property's excellent location off Henderson Avenue, a high-traffic area with 19,519 cars per day, provides exceptional visibility and accessibility. It's also conveniently located one mile east of CA-65 (All American City Highway), offering easy access to major transportation routes. The zoning is CG (General and Service Commercial), and the property is classified as Class C. Additional land and parking are available for an additional monthly fee. This move-in ready building offers a prime alternative to new construction, surrounded by quality tenants in a high-volume, high-consumer-traffic area. The property's APN is 253-050-061. The building is a single structure with one suite.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.37 ac (103,237 SF)
APN 253-050-061-000
UPID US09-5789933
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
Current use
Occupant on record · Public records
  • Golden Eagle Olive Products Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
1562 Seabriht Avenue LLC · 8 yrs held
1562 Seabriht Avenue LLC
since 2018
4 recorded transactions
2018
$500,000
2015
Price N/A
1996
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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