Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Visalia Commercial Development Opportunity Title is generated by Realmo AI

    11590 Avenue 272, Visalia, CA 93277

    View on Map
    Claim this Listing
    For Sale
    $8,999,999

    COMMERCIAL - Visalia, CA

    Lot size:
    33.00 Acres
    Added:
    Apr 11, 2025
    Days on Market:
    394
    Last Refresh:
    May 9 at 3:06 pm

    Property Features for 11590 Avenue 272

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    121500014000
    Lot size
    33.00 Acres

    We can help!

    Listing Contact
    James Dougherty

    Listing agent James Dougherty License #00760591

    Listing office Century 21 Jordan-Link & Company 2300 W Whitendale Ave, Visalia, CA

    Listing date Apr 11, 2025

    MLS# 234582 Listing URL

    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.

    HighLights

    • High‑traffic location on Mooney Blvd.
    • Next to the 60‑acre Packwood Creek Shopping Center.
    • Designated as a Tier 2 urban growth boundary location.
    • Heart of future Visalia retail growth.
    • Great commercial development opportunity.
    • Located at coordinates: [-119.31584,36.28553].

    Overview

    This commercial land presents a development opportunity along Mooney Blvd in Visalia, California. The property is a 33-acre lot situated next to the 60-acre Packwood Creek Shopping Center. Designated as a Tier 2 urban growth boundary location, the property is positioned to be central to future retail growth in Visalia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.315838
    Latitude
    36.285531

    Nearby Similar for Sale

    • $799,000
      4,851 SF

      Visalia Medical Building For Sale

      Centrally located medical building with two units in Visalia, CA.
      306 N Conyer Street, Visalia, CA 93291
      View Details
    • $995,000
      6,725 SF

      Versatile Office Property in Visalia

      Adaptable office building with multi-tenant potential in a growing corridor.
      724 N Ben Maddox Way, Visalia, CA 93292
      View Details
    • $795,000
      5,154 SF

      Visalia Office Building Investment

      Spacious office building with income potential in Visalia, CA.
      1942 S Court Street, Visalia, CA 93277
      View Details
    • $875,000
      7,500 SF

      Visalia Automotive/Industrial Property For Sale

      Centrally located Visalia industrial property configured for automotive or collision repair.
      727 E Center Avenue, Visalia, CA 93292
      View Details
    • $373,100
      1,456 SF

      Visalia Professional Office Building

      Well-maintained 1,456 SF office building suitable for medical or professional use.
      1644 S Court Street, Visalia, CA 93277
      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 Avenue, Visalia, CA 93277
      View Details
    • $835,000
      3,000 SF

      Visalia Multi-Residence Country Property

      Gated country property with three residences and Sierra Nevada views.
      34854 Rd 124, Visalia, CA 93291
      View Details
    • $580,000
      955 SF

      New Construction Energy-Efficient Duplex

      New construction duplex with modern design and energy efficiency.
      3104 E Tulare Avenue, Visalia, CA 93292
      View Details
    • $580,000
      955 SF

      New Construction Duplex in Visalia

      New, energy-efficient 2-bed, 2-bath duplex in a prime location.
      3028 E Tulare Avenue, Visalia, CA 93292
      View Details
    • $580,000
      955 SF

      New Construction Duplex in Visalia

      New energy-efficient 2-bed/2-bath duplex in a prime location.
      3002 E Tulare Avenue, Visalia, CA 93292
      View Details
    • $580,000
      955 SF

      New Visalia Duplex with Solar

      New construction, energy-efficient duplex with modern design in Visalia.
      2940 E Tulare Avenue, Visalia, CA 93292
      View Details
    • $800,000
      4,018 SF

      Turnkey Fourplex in Visalia

      Renovated fourplex with solid rental rates in Visalia, CA.
      2432 S Sallee, Visalia, CA 93277
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale near Packwood Creek Shopping Center.
    Where is this commercial land located?
    The property is located at 11590 Avenue 272 Visalia, CA.
    What is the asking price?
    The asking price for this property is $8,999,999.
    What are key features of this property?
    This property features: High‑traffic location on Mooney Blvd.; Next to the 60‑acre Packwood Creek Shopping Center.; Designated as a Tier 2 urban growth boundary location.
    (559) 763-0187
    We can help!
    Listing Contact
    James Dougherty
    Real Estate License ID: 00760591
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    11590 Avenue 272, Visalia, CA 93277
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!