409 Main StPorterville, CA 93257

Property Details for 409 Main St

Year built

1978

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

2,168 SF

Zone code

DMX

Property type

Office properties

Property subtype

Office buildings

APN

253-017-004-000

APU

253017004000

Description

This exceptional single-tenant office building, located at 409 N Main St in Porterville, California, presents a compelling investment opportunity. The property boasts a generous 2,163 square feet of well-maintained office space, ideal for a variety of businesses. Situated on a 0.15-acre lot, the building offers ample parking and convenient access. The property's zoning designation is CG (General & Service Commercial), allowing for flexibility in its future use. The building's address is 409 N Main St, Woodville, CA 93257, within Tulare County. Its precise location is 36.0732476 latitude and -119.0163733 longitude. The Assessor's Parcel Number (APN) is 253-017-004. This property is perfect for an owner-occupier seeking a functional and well-located office space or an investor looking for a stable, single-tenant income stream. The building's size and zoning provide considerable potential for future growth and adaptation. The convenient location in Porterville offers easy access to local amenities and a strong workforce. This is a rare opportunity to acquire a well-situated commercial property in a thriving market. Serious inquiries are encouraged to explore this promising investment. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $307,349

  6.5%

  $283,707

  7%

  $263,442

• Comparable approach

  Method

  Valuation

  Relative Method

  $287,889

  Geo Method

  $412,267

• Alternative Use

  Use

  Valuation

  Residential

  $351,797

  Hospitality

  $322,244

  Educational

  $268,103

  Medical

  $277,324

  Retail

  $417,049

Location Insight

City

Porterville

County

Tulare

State

California

Latitude

36.0733

Longitude

-119.016

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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