1105 Prosperity AveTulare, CA 93274

Property Details for 1105 Prosperity Ave

Lot size

0.91 AC

Property type

Retail properties

Property subtype

Retail space

APN

171-310-001-000

APU

171310001000

Description

This exceptional retail storefront opportunity is located at 1105 E. Prosperity Ave, Tulare, CA 93274, a high-traffic retail corridor in Tulare County. The property boasts a 1,000 square foot vacant space, perfect for a variety of retail uses. Its strategic southeast hard corner location at the intersection of Prosperity Avenue and Hillman Street provides unparalleled visibility and accessibility. The site benefits from its proximity to the 99 Freeway, with direct access from both the northbound and southbound on/off ramps on Hillman Street. This prime location ensures maximum exposure to a large customer base, capitalizing on the significant retail activity along Prosperity Avenue, which serves a majority of Tulare's retail needs. The property is classified as Retail, Land, and specifically as a Storefront with multiple tenancy possibilities. The total building square footage is currently zero, reflecting the available space for lease or development. This presents a unique opportunity for businesses seeking a high-visibility location with excellent freeway access in a thriving retail market. The property's address is easily accessible and highly visible to drivers and pedestrians alike.

• CAP approach

  CAP return

  Valuation

  6%

  $8,260,628

  6.5%

  $7,625,194

  7%

  $7,080,538

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,264,449

  Geo Method

  $18,995,136

• Alternative Use

  Use

  Valuation

  Residential

  $6,432,137

  Hospitality

  $5,891,802

  Educational

  $4,901,910

  Medical

  $5,070,495

  Retail

  $7,625,194

Location Insight

City

Tulare

County

Tulare

State

California

Latitude

36.2255

Longitude

-119.33

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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