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    Renovated Medical-Adjacent Mixed-Use Home Title is generated by Realmo AI

    1012 E Mineral King Avenue, Visalia, CA 93292

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    New
    For Sale
    $325,000

    COMMERCIAL - Visalia, CA

    Property size:
    800 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $406/SF
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 11:06 pm

    Property Features for 1012 E Mineral King Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Built-In Range, Dryer, Gas Range, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Heater
    Standard status
    Active
    APN
    094211038000
    Size
    800 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Natural Gas
    Cooling system
    Heat Pump, Ductless, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1924
    Flooring type
    Wood
    Building materials
    Stucco, Vertical Siding, Wood Siding
    Roof type
    Composition, Shingle
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Mark D Campbell
    Mark D Campbell

    Listing agent Mark D Campbell License #02187170

    Listing office Modern Broker 123 N Stevenson Street, Visalia, CA

    Listing date Jun 1, 2026

    MLS# 242032

    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

    • 1924 mixed‑use home commercially zoned, within walking distance to Kaweah Health Medical Center
    • Professionally renovated down to the studs with new plumbing, electrical, subfloor, windows and doors, stucco, kitchen and bath, and new roof
    • Includes furnished gas appliances and utilities: built‑in range, gas range, microwave, refrigerator, washer/dryer, and tankless water heater
    • Heating and cooling include heat pump (heating), mini‑split/ductless systems, and ceiling fans
    • 200 amp service panel plus 50 amp hookup for an additional dwelling and a 30 amp outlet for an optional spa on deck
    • Wheelchair‑accessible approach with ramp; accessible entrance, walk‑in shower, and wheelchair‑accessible vanity; lot is 6,534 SF with gated access to the rear

    Overview

    This professionally renovated 1924 mixed-use, commercially zoned furnished home offers a turnkey setup designed for flexible income or light commercial use. Improvements are comprehensive, with the property renovated down to the studs and including new plumbing, electrical, subfloor, laminate flooring, windows and doors, exterior stucco, kitchen and bath, and a new roof. Additional features include a 200-amp service panel, a mini-split system, and dual water lines brought in from the street, including one dedicated for future fire suppression. The home is offered furnished with gas appliances, a washer/dryer combo, refrigerator, and furniture, and it includes wheelchair access throughout, including an accessible entrance, walk-in shower, and wheelchair-accessible vanity.

    Located within walking distance to Kaweah Health Medical Center, the property supports tenant demand tied to medical stays. The lot is 6,534 square feet, with the home and driveway occupying the front half. The back half is accessible through a secured gate and is available for options such as building to suit or renting as yard space.

    With its medical-center proximity, furnishing, and accessibility, the layout is well suited to short-term rentals for medical travelers. It may also fit an operator looking for a small clinic or similar use that benefits from turnkey condition and ready-to-occupy features, including electrical capacity and on-site utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.282269
    Latitude
    36.327674

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    FAQs

    What type of property is this?
    Single family property - Professionally renovated furnished property suited for short-term medical traveler rentals or a small clinic near Kaweah Health.
    Where is this single family property located?
    The property is located at 1012 E Mineral King Avenue Visalia, CA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 1924 mixed‑use home commercially zoned, within walking distance to Kaweah Health Medical Center; Professionally renovated down to the studs with new plumbing, electrical, subfloor, windows and doors, stucco, kitchen and bath, and new roof; Includes furnished gas appliances and utilities: built‑in range, gas range, microwave, refrigerator, washer/dryer, and tankless water heater
    (559) 792-7600
    We can help!
    Listing Contact
    Mark D Campbell
    Mark D Campbell
    Real Estate License ID: 02187170
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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.

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