490 Date AvePorterville, CA 93257

  • Retail properties
  • 0.82 AC
For Sale
$610,000 View listing

Property Details for 490 Date Ave

Lot size
0.82 AC
Property type
Retail properties
APN
261-170-004-000
APU
261170004000

Description

This exceptional commercial property at 490 E Date Avenue in Porterville, CA, presents a unique opportunity for entrepreneurs and established businesses alike. Boasting a generous 2,584 square feet of space, this property sits on a sizable 0.81-acre lot, providing ample room for expansion, outdoor operations, or additional parking. The building features a well-designed layout including a three-bay shop, perfect for accommodating equipment, vehicles, or machinery depending on your business needs. A large back room/studio offers versatile space for additional workspace, storage, or specialized uses, catering to a wide range of business types. A sizable office area ensures efficient business operations, providing a comfortable and functional space for administrative tasks. Currently configured as a collision repair shop, this property's adaptability is a key advantage. Its prime location offers excellent visibility and convenient access, making it an attractive proposition for attracting customers and clients. The property is priced at $610,000 and presents a blank canvas for your business vision, whether you're starting a new venture, expanding your existing operations, or seeking a more flexible and spacious workspace. The possibilities are truly endless.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,463,928
    6.5%
    $6,889,780
    7%
    $6,397,652
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,985,153
    Geo Method
    $17,163,142
  • Alternative Use

    Use
    Valuation
    Residential
    $5,811,786
    Hospitality
    $5,323,566
    Educational
    $4,429,144
    Medical
    $4,581,469
    Retail
    $6,889,780

Location Insight

City
Porterville
County
Tulare
State
California
Latitude
36.0591
Longitude
-119.006
CBSA code
47300
CBSA name
VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,200
$61,571
$49,256
$110,827
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FAQs

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