770 Main StPorterville, CA 93257

  • Office properties
  • 3,676 SF
For Sale
$449,900 View listing

Property Details for 770 Main St

Year built
1987
Construction
WOOD
Lot size
0.22 AC
Property size (Sq ft)
3,676 SF
Zone code
CG
Property type
Office properties
Property subtype
Office buildings
APN
252-130-033-000
APU
252130033000

Description

This exceptional investment opportunity presents a 3,676 square foot, single-tenant medical building situated on a prominent corner lot at 770 N Main Street and W. Henderson Ave in Porterville, California. The property boasts excellent visibility due to its hard corner location and includes a convenient private parking lot for tenants and visitors. The building is currently leased to Parenting Network Inc., a reputable tenant affiliated with the Tulare County Family Resource Center Network, ensuring a stable income stream for the investor. The 0.22-acre lot provides ample space for the building and parking. This freestanding structure offers a secure and established investment in a growing community. The property's strong tenant occupancy and prime location make it an attractive proposition for discerning investors seeking a reliable and profitable addition to their portfolio. Financial details are available upon request. Serious inquiries only. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable location. The building is well-suited for its current use and presents a stable investment opportunity with potential for future appreciation. Contact us today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $521,133
    6.5%
    $481,046
    7%
    $446,685
  • Comparable approach

    Method
    Valuation
    Relative Method
    $488,137
    Geo Method
    $699,028
  • Alternative Use

    Use
    Valuation
    Residential
    $596,497
    Hospitality
    $546,388
    Educational
    $454,588
    Medical
    $470,222
    Retail
    $707,137
770 Main St, Porterville, California

Location Insight

City
Porterville
County
Tulare
State
California
Latitude
36.0798
Longitude
-119.019
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
$3,606
$72,828
$260,100
$332,928
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].