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

    123 N Stevenson St Visalia, CA 93291

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Turnkey office space for lease in downtown Visalia.

    Property size:
    830 SF
    Lot size:
    0.31 Acres

    Property Features for 123 N Stevenson St

    General Information

    Size
    830 SF
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    Lindsey Te Velde
    Source: Moodyscre

    Listing Agency: Graham & Associates Listing Agent: Lindsey Te Velde

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

    Learn more

    Overview

    Downtown Visalia Office Space Available

    This turnkey office space is available for lease and features an open bullpen area, two private offices, restrooms, and a common area coffee bar. The building provides an onsite parking lot, supplemented by additional street parking in the vicinity. The landlord covers the costs of water, trash, and pest control. Situated in downtown Visalia, the property is conveniently located near shopping, restaurants, banking facilities, and entertainment venues. The property size is 830 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    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
    -119.300003
    Latitude
    36.330734

    Nearby Similar for Lease

    • $1,250 /Mo
      893 SF

      Visalia Office Suite For Rent

      Upstairs office suite with reception, offices, restroom, and storage.
      5501 W Hillsdale Ave, Visalia, CA 93291
      View Details
    • $1,436 /Mo
      917 SF

      Visalia Office Space For Rent

      917 SF office space with ample parking in Visalia.
      2340 W Whitendale Ave, Visalia, CA 93277
      View Details
    • $1,847 /Mo
      1,175 SF

      Visalia Office Space For Rent

      Remodeled office space with ample parking in Visalia, CA.
      248 W Caldwell Ave, Visalia, CA 93277
      View Details
    • $4,500 /Mo
      3,041 SF

      Visalia Commercial Office Space For Rent

      Classic-style commercial office with flexible space in Visalia, CA.
      1410 W Main St, Visalia, CA 93291
      View Details
    • $2,500 /Mo
      1,350 SF

      Downtown Visalia Office Suite

      Functional 1,350 SF office suite in downtown Visalia.
      115 W Main St, Visalia, CA 93291
      View Details
    • $1,323 /Mo
      1,225 SF

      Visalia Office Space For Rent

      Spacious 1,225 SF office in West Visalia.
      5327 W Hillsdale Ave, Visalia, CA 93291
      View Details
    • $1.65 SF/Yr
      2,730 SF

      Visalia Office Space For Lease

      Office space for lease in Northeast Visalia with great visibility.
      724 N Ben Maddox Way, Visalia, CA 93292
      View Details
    • $2 SF/Yr
      1,359 SF

      Medical Office Space Available

      Class A medical office space for lease in Visalia.
      805 W Acequia Ave, Visalia, CA 93291
      View Details
    • $3 SF/Yr

      Visalia Retail Space For Lease

      Prime retail leasing opportunity in a vibrant Visalia location.
      3426 North Dinuba Blvd, Visalia, CA 93291
      View Details
    • $2 SF/Yr
      20,000 SF

      New Retail/Office Space Available

      Ground floor retail/office space in Visalia, CA for lease.
      3 Plaza St N, Visalia, CA 93277
      View Details
    • $2 SF/Yr
      40,750 SF

      New Retail/Office Space Available

      Ground floor retail and office space in rapidly growing area.
      248 Plaza Dr, Visalia, CA 93291
      View Details
    • $2 SF/Yr
      9,000 SF

      Retail/Office Space For Lease

      New construction retail/office space available for lease in Visalia, CA.
      337 N Plaza Dr, Visalia, CA 93291
      View Details

    FAQs

    What type of property is this?
    Office units - Turnkey office space for lease in downtown Visalia.
    Where is this office units located?
    The property is located at 123 N Stevenson St Visalia, CA.
    What are key features of this property?
    This property features: - Primely located in vibrant downtown Visalia near shopping, restaurants, banking and entertainment.; - Turnkey office space ready for immediate occupancy.; - Onsite parking lot plus additional street parking.
    (559) 754-3020 Call to check price and availability
    Request Owner's contact information
    123 N 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.
    123 N 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
    123 N 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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lindsey Te Velde
    (559) 754-3020
    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!