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    1.73-Acre Lot in High-Growth Area Title is generated by Realmo AI

    0 W Inyo Avenue, Tulare, CA 93274

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    Claim this Listing
    For Sale
    $350,000

    Land/Lot - Tulare, CA

    Lot size:
    75,359.00 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    48
    Last Refresh:
    May 19 at 9:06 am

    Property Features for 0 W Inyo Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RH-14: Multiple Family
    Exterior features
    Fence, Community Features Included: Street Lights
    Fencing
    Fenced
    Standard status
    Active
    APN
    168180012000
    Lot size
    75,359.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Raul Lozano

    Listing agent Raul Lozano License #01381705

    Listing office Coldwell Banker Envision 2174 West Foothill Blvd Ste. D, Hacienda Heights, CA

    Listing date Apr 2, 2026

    MLS# TR26071304 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 1.73‑acre (75,359 SF) level lot suitable for development.
    • RH‑14 zoning allows for a 24‑unit multi‑family complex or retail development.
    • Located in a high‑growth area of Tulare.
    • High‑visibility frontage on W. Inyo Ave.
    • Utilities are at the property line.
    • Paved street access.

    Overview

    This 1.73-acre (approximately 75,359 SF) level lot is located in a high-growth area of Tulare. The property has high-visibility frontage on W. Inyo Ave. It is zoned RH-14, making it a suitable site for a 24-unit multi-family complex or a neighborhood retail hub. The RH-14 zoning allows for 2,000 SF per unit. Utilities are at the property line, and the property has paved street access. The site is positioned to serve the surrounding residential density. The property is intended for commercial land, land, multifamily properties, residential income properties, retail space, and retail properties and spaces. It is also suitable for other multifamily properties and commercial real estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Tulare
    County
    Tulare
    State
    California
    Longitude
    -119.369505
    Latitude
    36.20351

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    FAQs

    What type of property is this?
    Commercial land - 1.73-acre lot suitable for multi-family or retail development.
    Where is this commercial land located?
    The property is located at 0 W Inyo Avenue Tulare, CA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Large 1.73‑acre (75,359 SF) level lot suitable for development.; RH‑14 zoning allows for a 24‑unit multi‑family complex or retail development.; Located in a high‑growth area of Tulare.
    (909) 319-2293
    We can help!
    Listing Contact
    Raul Lozano
    Real Estate License ID: 01381705
    Learn More
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    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
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