1594 Olive AvePorterville, CA 93257

  • Land
  • 4,042 SF
For Sale

Property Details for 1594 Olive Ave

Year built
1947
Construction
WOOD FRAME
Lot size
0.58 AC
Property size (Sq ft)
4,042 SF
Property type
Land
Property subtype
Commercial land
APN
251-291-029-000
APU
251291029000

Description

This exceptional 0.58-acre commercial lot, located at 1594 West Olive Avenue in Porterville, California (zip code 93257), presents a unique opportunity for development. The property boasts 5,500 square feet and is situated on a high-visibility corner lot along Porterville's major east-west corridor, Olive Avenue, ensuring excellent access and exposure. Three existing curb cuts facilitate convenient ingress and egress. The site is primed for a variety of commercial uses, including a restaurant with a drive-thru window, or a retail space designed to suit specific needs. A proposed building can be tailored to meet the requirements of the tenant. Existing utilities are already in place, simplifying the development process. This property offers a fantastic opportunity to establish a thriving business in a high-traffic location. The location is near CA-65, making it easily accessible. The flexible zoning allows for a range of possibilities, from fast-food establishments to other retail ventures. Don't miss this chance to acquire a prime commercial property in a growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $655,887
    Hospitality
    $600,789
    Educational
    $499,849
    Medical
    $517,040
    Retail
    $777,543
1594 Olive Ave, Porterville, California

Location Insight

City
Porterville
County
Tulare
State
California
Latitude
36.0662
Longitude
-119.053
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
$2,280
$210,481
-
$210,481
-
-
-
-

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