For Sale
$450,000

Corona Ave Corning, CA

Prime I-5 location, 3.71 acres, Highway Commercial zoning.

Overview

Added:
Feb 3
Days on market:
82
This exceptional 3.71-acre industrial property boasts a highly desirable location along the busy Interstate 5 corridor in Corning, California. Situated midway between Sacramento and Redding, this strategic location benefits from significant commuter traffic. The area's thriving economy is fueled by a Tesla Electric car charging station, numerous hotels, quick-service restaurants, and other businesses catering to commuters. The presence of a major truck stop hub and the popular Rolling Hills Casino further enhances the area's economic vitality. The casino's diverse events—including concerts, equestrian events, dog trials, golf tournaments, and hunting events—attract significant tourism and contribute to a robust local economy. Currently utilized as a productive olive orchard, the property is zoned Highway Commercial, falling within the Hwy 99-W Specific Plan and two overlay districts that actively promote freeway-oriented commercial activities and mixed-use developments. This presents a unique opportunity for developers and investors seeking a high-visibility location with strong growth potential. The property's size and zoning offer considerable flexibility for a wide range of commercial ventures, capitalizing on the high traffic volume and established commercial infrastructure of the I-5 corridor. This is a rare chance to acquire a significant parcel of land in a rapidly developing area. The existing olive orchard provides immediate income potential while allowing for future development plans.

Property Details for Corona Ave

Property type
Industrial properties
Lot Size (sq. ft)
161,608 SF

Location Insight

City
Corning
County
Tehama
State
California
Latitude
39.92414
Longitude
-122.1613

FAQs

What type of property is this?
Industrial property - Prime I-5 location, 3.71 acres, Highway Commercial zoning.
Where is the industrial property located?
The property is located at Corona Ave Corning, CA.
What is the asking price?
The asking price for this property is $450,000.
How can I contact the broker?
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Corona Ave
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