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

    101-111 W Main St, Unit Visalia CA Visalia, CA 93291

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

    Mixed-use office, retail, and restaurant building in downtown Visalia.

    Property size:
    14,244 SF

    Property Features for 101-111 W Main St

    General Information

    Standard status
    Active
    Zoning
    Mixed Use Commercial
    Size
    14,244 SF

    We can help!

    Listing Contact
    Martin Zeeb Sior
    Martin Zeeb Sior
    Source: Crexi

    Listing Agency: Zeeb Commercial Real Estate Listing Agent: Martin Zeeb Sior

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

    Learn more

    Overview

    Downtown Visalia Mixed-Use Investment

    This is a mixed-use office, retail, and restaurant building located in Downtown Visalia. The building has an approximate area of 14,244 square feet and is 91% occupied. The ground floor features two restaurants, several jewelry stores including Raphael's Jewelry, and Root Publishing. The second floor contains 15 offices. In addition to the building, the sale includes a fast food business located at 101 N. Court St. The property includes a private parking lot with 15 parking spaces and is adjacent to a public parking lot with 37 additional stalls.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm 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
    -119.2921341
    Latitude
    36.329891

    Nearby Similar for Sale

    • $915,000
      7,500 SF

      Visalia Industrial Property For Sale

      Centrally located industrial property suitable for automotive or light manufacturing.
      727 E Center Ave, 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 St, Visalia, CA 93277
      View Details
    • $849,999
      4,851 SF

      Visalia Medical Building with Two Units

      Centrally located medical building with two units and ample parking.
      306 N Conyer St, Visalia, CA 93291
      View Details
    • $2,800,000
      2,888 SF

      Established Car Wash on High-Traffic Street

      Profitable car wash with self-serve and automatic bays in Visalia.
      2016 N Dinuba Blvd, Visalia, CA 93291
      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 Ave, Visalia, CA 93277
      View Details
    • New
      $835,000
      Pending

      Visalia Multi-Residence Country Property

      Gated country property with three residences and Sierra Nevada views.
      34854 Road 124, Visalia, CA 93291
      View Details
    • New
      $580,000
      1,910 SF

      New Visalia Duplex with Solar

      New construction duplex with modern design and energy efficiency.
      3136 E Tulare Ave, Visalia, CA 93292
      View Details
    • New
      $580,000
      1,910 SF

      New Visalia Duplex with Solar

      New energy-efficient duplex with modern design in a prime location.
      3208 E Tulare Ave, Visalia, CA 93292
      View Details
    • New
      $275,000
      800 SF

      Visalia Office Space For Sale

      Versatile office building in downtown Visalia, ideal for professionals.
      114 S Stevenson St, Visalia, CA 93291
      View Details
    • $580,000
      955 SF

      New Visalia Duplex with Solar

      New construction, energy-efficient duplex in a prime Visalia location.
      2928 E Tulare Ave, Visalia, CA 93292
      View Details
    • New
      $580,000
      1,910 SF

      New Visalia Duplex with Solar

      New construction, energy-efficient duplex in a prime Visalia location.
      3112 E Tulare Ave, Visalia, CA 93292
      View Details
    • New
      $580,000
      1,910 SF

      New Visalia Duplex with Solar

      New construction, energy-efficient duplex in a prime Visalia location.
      3122 E Tulare Ave, Visalia, CA 93292
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use office, retail, and restaurant building in downtown Visalia.
    Where is this mixed-use property located?
    The property is located at 101-111 W Main St, Unit Visalia CA Visalia, CA.
    What are key features of this property?
    This property features: - High occupancy rate (91%) indicating strong income potential.; - Prime downtown location at the 'Main St. & MAIN' corner.; - Diverse tenant mix including restaurants, jewelry stores, and offices.
    Request Owner's contact information
    101-111 W Main St, Unit Visalia CA 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.
    101-111 W Main St, Unit Visalia CA
    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
    101-111 W Main St, Unit Visalia CA 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!
    Listing Contact
    Martin Zeeb Sior
    Martin Zeeb Sior
    Real Estate License ID: 00847045
    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!