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1801 E Walnut Ave - Pad Next to Rite Aid

0.43 Acres of Commercial Land Offered at $400,193 CAD in Visalia, CA 93292

Executive Summary

High traffic area, surrounded by roof tops, with ingress and egress from S Ben Maddox and E Walnut.

Property Facts

Price $400,193 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Tienda de conveniencia
  • Daycare Centre
  • Fast Food
  • Post Office
  • Restaurant
  • Storefront, Retail or Residential
Total Lot Size 0.43 AC

1 Lot Available

Lot

Price $400,193 CAD
Price Per AC $936,782 CAD
Lot Size 0.43 AC

Ready to build.

Description

Subject offering Consist of an 18,649 square foot Pad located adjacent to a free-standing 17,316 square foot Rite Aid which is ranked among the top 5% for per-formance for California locations and top 2% of all Rite Aids nationwide. Site is located at the signalized corner on East Walnut Avenue & South Ben Maddox Way with traffic counts in excess of 25,000 cars per day. Currently zoned Neighbor-hood Commercial, location is surrounded by rooftops, church’s and schools. Perfect opportunity for Office, food or multi-tenant. Site is located in an underserved trade area user/tenant should expect tremendous sales. Site has convenient Ingress and Egress on both East Walnut & Ben Maddox Way. Pad is located in the Southeast area of Visalia which has experience tremendous residential growth, approximately 3,400 units are under construction / competed in immediate trade area. Site is well positioned to capture consumers from, Ivanhoe, Farmersville and Exeter all Eastern towns which have an population approximately 23,000+. Visalia is the 5th largest city in the San Joaquin Valley and has had a population growth over 50.29% within a 1 mile radius, 32.29% within 5 miles, along with an Household growth of 42.41% within 1 mile.

zoning

Zoning Code CN (Commercial Use)
CN (Commercial Use)
  • Listing ID: 32057778

  • Date on Market: 2023-04-18

  • Last Updated:

  • Address: 1801 E Walnut Ave, Visalia, CA 93292

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