770 Main StPorterville, CA 93257
- Office properties
- 3,676 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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