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Property profile & analytics
OFF-MARKET
Turn key restaurants

785 Newcomb St Porterville, CA 93257-1955

2,477 SF 0.75 ac lot Built 2015
Trust Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-5810871
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2015
Construction WOOD
Total area 2,477 SF
Lot 0.75 ac (32,557 SF)
Zoning code CN
APN 245-070-094-000
UPID US09-5810871
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
  • Del Taco Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Schatz,bernard Trust · 9 yrs held
Schatz,bernard Trust
since 2016
1 recorded transaction
2016
$2.3M
Zoning & alternative use
CN · Porterville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CN Neighborhood Commercial. To encourage convenience and neighborhood shopping areas providing day-to-day retail goods and services and to prohibit auto-oriented uses in order to maintain a pedestrian environment. This district also provides office space for local neighborhoods. The maximum FAR is 0.30. CR Retail Centers. To maintain areas for regional shopp…

Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 35.70 ac
Source 100.01: TITLE AND AUTHORITY:
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