0 Riggin Ave. And Rd 76Visalia, CA 93291

For Sale
$2,000,000
5.5 Acres, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 5.5-acre commercial land parcel presents a compelling investment opportunity in Visalia, California. Strategically located at the southwest corner of W. Riggin Ave. and Road 76 in Tulare County (zip code 93291), this property boasts a prime position within the high-traffic corridor of Goshen Village East development. The site is zoned M-U and offers excellent access, making it ideal for a variety of commercial uses. Its location within an Opportunity Zone adds significant tax advantages. The property's potential is further enhanced by its suitability for a quick-service restaurant (QSR) and fuel station, and it is particularly well-suited for a grocery store anchor, with a minimum 10,000 square foot requirement for any initial project. Goshen Village East is a thriving community with approximately 89 single-family residential lots and an estimated 100-140 multi-family units, creating a built-in customer base. The current lack of grocery options in Goshen makes this site exceptionally attractive to retailers seeking to serve the area's significant unmet demand for fresh produce and everyday necessities. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area with significant upside potential. The asking price for this exceptional property is $2,000,000.

Highlights

  • $2,000,000 asking price for 5.5 acres of commercial land.
  • High-traffic location on W. Riggin Ave. in Visalia, CA.
  • Excellent access and visibility.
  • Suitable for quick-service restaurants (QSRs) and gas stations.
  • Located in an Opportunity Zone.
  • Ideal for a grocery store anchor (minimum 10,000 sq ft).

Property Details for 0 Riggin Ave. And Rd 76

Property type
Land
Lot Size (sq. ft)
239,580 SF

Location Insight

City
Visalia
County
Tulare
State
California
Latitude
36.356542
Longitude
-119.3537826
Riggin Ave. And Rd 76, Visalia, California

FAQs

What type of property is this?
Land - 5.5 Acres, High-Traffic Location
Where is the land located?
The property is located at Riggin Ave. And Rd 76 Visalia, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price for 5.5 acres of commercial land.; High-traffic location on W. Riggin Ave. in Visalia, CA.; Excellent access and visibility.
How can I contact the broker?
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0 Riggin Ave. And Rd 76
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