0 Carona AveCorning, CA 96021

  • Mixed-use properties
  • 3.71 AC
For Sale
$450,000 View listing

Property Details for 0 Carona Ave

Lot size
3.71 AC
Property type
Mixed-use properties
Property subtype
Other mixed-use properties

Description

This exceptional 3.71-acre commercial land parcel in Corning, CA, presents a unique investment opportunity. Located along the busy I-5 corridor, this property boasts Highway Commercial zoning within the Hwy 99-W Specific Plan, further enhanced by two overlay districts promoting freeway-oriented commercial and mixed-use projects. Its strategic location halfway between Sacramento and Redding makes it a prime spot for businesses catering to commuters, benefiting from high traffic volume. The area's thriving economy is fueled by a Tesla charging station, numerous hotels, quick-service restaurants, and other commuter-focused businesses. The presence of a major truck stop hub and the popular Rolling Hills Casino, which hosts a wide array of events including concerts, equestrian events, and sporting competitions, significantly boosts tourism and creates a robust market. Currently utilized as a productive olive orchard, the land offers immediate income potential while presenting significant upside for future development. The APN is 069-210-077-000. The asking price is $450,000.

Carona Ave, Corning, California

Location Insight

City
Corning
County
Tehama
State
California
Latitude
39.9241
Longitude
-122.152

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