Hwy 99 w, Corning, CA, CA 96021

Property Description

19.7 acre Commercial Development (2 parcels) zoned PD. Interstate 5 exposure and Hwy 99W frontage. Outstanding opportunity to acquire a highly visible and outstanding location. The 2 parcels of 9.85 acres each total the 19.70 acres. Located between Corning's downtown Solano St. I-5 Freeway exit and Interstate-5 exit for South Ave. with Hotels, Fast Food, Truck Stops and other local business nearby. The Interstate 5 direct exposure to the West of the property makes an ideal location for a wide range of Highway Commercial Retail Service or development. Rolling hills Casino is only minutes away. Each parcel can be leased or sold individually or together. Asking price for both parcels is $2,000,000. There are no structures on the subject property. Power is along the Highway and not on the property. Pacific Gas and Electric supplies the available power that needs developed on the property. City of Corning water and sewer services are available and need developed on the property. In the Corning Water District for irrigation. The Caltrans Annual Average Daily Traffic count (AADT) for Interstate 5 (I-5) in the Corning area ranges between 36,000 and 39,500 vehicles per day and the AADT volume on State Route 99 (SR 99) aka Hwy 99W directly South of South Avenue is approximately 8,100 vehicles per day. Between I-5 and HWY 99W approximately 47,600 vehicles pass by the property daily.