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    128 N Akers St Visalia, CA

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    For Lease
    Contact for pricing

    Professional office space in a desirable West Visalia office complex.

    Type:OFFICE
    Property size:
    2,200 SF
    Lot size:
    0.57 Acres
    Added:
    Aug 22, 2025
    Days on Market:
    225
    Last Refresh:
    Apr 1 at 8:23 pm

    Property Features for 128 N Akers St

    General Information

    Standard status
    Active
    Size
    2,200 SF
    Lot size
    0.57 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 128 N Akers St Contact us

    We can help!

    Listing Contact
    Marty Zeeb
    Marty Zeeb

    Listing agent Marty Zeeb

    Listing office Zeeb Commercial Real Estate

    Listing date Aug 22, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Zeeb Commercial Real Estate

    Overview

    Visalia Office Space For Lease

    Professional office space is available for lease in a desirable office complex in West Visalia, located on Akers, just north of Highway 198. This well-established complex houses many medical-related offices, general business offices, insurance companies, a hotel, and a US Post Office, and is situated just east of the Visalia Medical Clinic. The building includes two units totaling approximately 3525 square feet available for lease. The space is currently ideal for medical use; however, it could be modified for many other uses. The available units could be leased in total or split into two units. One unit features a comfortable waiting area, a reception area, 3 exam rooms, an office, restrooms, and ample storage. The other unit consists of a waiting room, a reception area, 2 exam rooms, an office, restrooms, and ample storage. The layout offers many ways to modify the spaces to accommodate more exam rooms if needed. One available unit is 2200 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paz Dermatology Physician Dr.Billys / McCarley DermaSpa Physician Dr Carlos Paz Physician Thomas Mohsen T ... Physician Gastric Sleeve Centers Weight Loss Service

    Suggested Use

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

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

    Similar Places Nearby

    • Tulare-Kings Veterinary Emergency Services — 4240 W Mineral King Ave, Visalia, CA 93291
    • Geist Marlin DVM — 4240 W Mineral King Ave, Visalia, CA 93291
    • Bielak Joseph DVM — 4240 W Mineral King Ave, Visalia, CA 93291
    • Meyer Greg DVM — 4240 W Mineral King Ave, Visalia, CA 93291
    • Meserve Janet DVM — 4240 W Mineral King Ave, Visalia, CA 93291

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.348
    Latitude
    36.3305

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    FAQs

    What type of property is this?
    Medical Office Space - Professional office space in a desirable West Visalia office complex.
    Where is this medical office space located?
    The property is located at 128 N Akers St Visalia, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Desirable location in West Visalia near Hwy 198 and Akers.; Suitable for medical or general business use with potential for modification.; Two units available totaling approximately 3525 sq ft, can be leased together or separately.
    (559) 625-2128 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Marty Zeeb
    Marty Zeeb
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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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