Prime Corner Retail Parcel w/ Utilities & Existing Parking Lot

2006 W Olive Ave Porterville, CA 93257

2006 W Olive Ave, Porterville, CA, 93257
2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257 2006 W Olive Ave, Porterville, CA, 93257
FOR SALE
Property Type:
Padsites
Amount:
$595,000
Last Verified:
Oct 17, 2024

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Highlights

  • ±0.76 AC of Shovel Ready Retail Development Land
  • Prime Retail Lot | Shovel Ready | High Identity Location
  • Square Parcel: ±166' Wide By ±158' Deep (±33,106 SF)
  • Water, Sewer, Power, Curb Cuts, & Offsites In Place
  • Easy Access to Upgraded Olive Ave Nearby CA-65
  • Infill Location Surrounded By Established Businesses
  • Unmatched Level of Consumer Traffic & High Volume Exposure
  • All Curb/Gutter/Approaches In Place & Utilities At Site
  • Situated Near Many Existing & Planned Developments
  • Close to Transit and Public Transportation
  • Ideal for Fast Food, Fuel Station, Hotel, Super Market, & More!
  • Hard Corner Signalized Intersection | Property is a Corner Lot
  • Surrounded By Growth, Both Residential & Commercial
  • Within Porterville’s High Trafficked Roads & Major Arterials

Description

±0.76 AC (±33,106 SF) corner retail land on the busy intersection of W Olive Ave & Mathew St. Site is shovel-ready, benefitting from in-place utilities (previously developed) with existing curb/gutter/sidewalk in place, existing drive approaches, electricity, gas, sewer, streets, and city water. Prime location boasts great visibility both from the main thoroughfares of W Olive Ave & Mathew St and nearby CA-65 & CA-190 offramps. Site is located west of downtown Porterville on Olive Ave - a major throughway - at a full interchange. Excellent shopping center, lodging, restaurant, auto sales, or office building. Excellent existing access, roads have adequate capacity, is within the holding capacity, conforms to policies, avoids traffic congestion, and is shovel ready. Flexible commercial zoning uses include convenience store, car wash, hotel, conference center, quick serve & sit-down restaurants, food market, retail strip center, professional office, etc. All wet & dry utilities at site.

Located in the heart of Porterville, CA, parcel is just north of Poplar Ave, east of Westwood St, south of Morton Ave and west of Newcomb St. The site is located just 4 miles from the Porterville College entrance, and is in close proximity to many new and established housing tracts & commercial businesses. Porterville is located in the Southern Sierra Nevada mountains on the eastern side of Tulare County. It is 100 miles north of the city of Pasadena, and the population was 62,998 at the 2022 census. Site benefits from the influence of proven retailers and its ease of access to Olive Ave, CA-65, the Porterville community and surrounding trade area, regional retailers, and boast high traffic counts with great population density. Located just 50 miles to the Bakersfield area, 75 miles to Fresno, & 180 miles to the Bay Area. It is only a 5 minute drive from either Highway 65 & Highway 190.

Lot Size: 0.76 acres


Documents

Brochure (P) - 2024 ReBrand
About Porterville.pdf

Map of 2006 W Olive Ave, Porterville, CA, 93257

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.