Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    114 S Stevenson St Visalia, CA 93291

    View on Map
    Sponsored
    For Sale
    $275,000

    COMMERCIAL - Visalia, CA

    Type:Office
    Property size:
    800 SF
    Lot size:
    0.07 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 10 at 11:06 pm

    Property Features for 114 S Stevenson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    093197006000
    Size
    800 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Roof type
    Composition

    We can help!

    Listing Contact
    Mitch Choboian

    Century 21 Jordan Link and Co. (559) 625-6998

    Listing agent Mitch Choboian (559) 686-8595

    Listing date Mar 10, 2026

    MLS# 240252

    Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Visalia Office Space For Sale

    Located in downtown Visalia, this 800-square-foot commercial property offers a versatile office space suitable for various professional uses. Currently used as a permanent makeup studio, the interior features two office areas, a welcoming reception area, and a small breakroom. The property is well-positioned and provides a charming and professional setting. It is ideal for a dental office, law firm, real estate agency, or other similar businesses. The lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Delta Counseling Services Family Counselor ReImagine Shop Home Decor Store JDT Consultants Business Management Consultant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kuswa Nanetta Y DVM, Mwi Veterinary Supply Fax

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.299731
    Latitude
    36.329611

    Nearby Similar for Sale

    • $849,999
      4,851 SF

      Visalia Medical Building with Two Units

      Centrally located medical building with two units and ample parking.
      306 N Conyer St, Visalia, CA 93291
      View Details
    • New
      $795,000
      5,154 SF

      Visalia Office Building Investment

      Spacious office building with income potential in Visalia, CA.
      1942 S Court St, Visalia, CA 93277
      View Details
    • $915,000
      7,500 SF

      Visalia Industrial Property For Sale

      Centrally located industrial property suitable for automotive or light manufacturing.
      727 E Center Ave, Visalia, CA 93292
      View Details
    • $2,800,000
      2,888 SF

      Established Car Wash on High-Traffic Street

      Profitable car wash with self-serve and automatic bays in Visalia.
      2016 N Dinuba Blvd, Visalia, CA 93291
      View Details
    • $490,000
      1,982 SF

      Visalia Commercial Mixed-Use Property

      Commercial property in Visalia, CA, suitable for various business purposes.
      1837 W Sunnyside Ave, Visalia, CA 93277
      View Details
    • New
      $369,000
      Pending

      Visalia Duplex with Income Potential

      Duplex with two units, ideal for owner-occupant or investor.
      1217 N Stevenson St, Visalia, CA 93291
      View Details
    • New
      $835,000
      3,000 SF

      Visalia Multi-Residence Country Property

      Gated country property with three residences and Sierra Nevada views.
      34854 Road 124, Visalia, CA 93291
      View Details
    • New
      $560,000
      1,600 SF

      Turnkey Visalia Triplex Investment Opportunity

      Rare, fully remodeled duplex and new ADU in central Visalia.
      1518 W Grove Ave, Visalia, CA 93291
      View Details
    • $580,000
      955 SF

      New Visalia Duplex with Solar

      New construction, energy-efficient duplex in a prime Visalia location.
      2928 E Tulare Ave, Visalia, CA 93292
      View Details
    • $580,000
      1,910 SF

      New Visalia Duplex with Solar

      New construction, energy-efficient duplex with modern design in Visalia, CA.
      3220 E Tulare Ave, Visalia, CA 93292
      View Details
    • $550,000
      2,488 SF

      Visalia Triplex with Garage

      Triplex in Visalia with private garages and laundry.
      1349 S Liberty St, Visalia, CA 93292
      View Details
    • $625,000
      Pending

      Visalia Duplex Investment Opportunity

      Spacious duplex near Constitution Park, ideal for tenants.
      4926-4928 W Westgate Ct, Visalia, CA 93277
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Versatile office building in downtown Visalia, ideal for professionals.
    Where is this medical office space located?
    The property is located at 114 S Stevenson St Visalia, CA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Prime downtown Visalia location.; - Versatile office building suitable for various professional uses (dental, law, real estate, etc.).; - Interior includes a reception area and breakroom.
    (559) 686-8595
    Request Owner's contact information
    114 S Stevenson St Visalia, CA 93291
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 S Stevenson St
    Visalia, CA 93291
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 S Stevenson St Visalia, CA 93291
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mitch Choboian
    (559) 686-8595
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!