Corner Lot Retail
210 N Floral Street Visalia, CA 93291
210 N Floral Street, Visalia, CA, 93291
Contact for pricing
For Sale
Contact for pricing
Well-maintained retail property on a corner lot featuring six fully occupied units.
Property Size3,827 SF
Price / SF$176.38
Days on Market21
Property Features for 210 N Floral Street
General Information
- Standard status
- Active
- Size
- 3,827 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1000
Listing agency
CENTURY 21 Jordan-Link & Company
(559) 686-8595
Listed by
Mitch Choboian · License #CA
Source
Crexi
Added: Jul 2 Updated: Jul 22 at 2:07AM Checked: Jul 22 at 2:07AM
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 CENTURY 21 Jordan-Link & Company
Investment Insights
Based on property information with market context.
This for-sale retail property is located on a corner lot and includes six fully occupied units. The building is described as well maintained and in good overall condition. Tenants are responsible for their own gas and electricity, which helps minimize owner expenses. One of the units is currently undergoing renovations.
The property is situated in Downtown Visalia, offering a consolidated retail configuration with multiple long-term tenants.
As presented, the asset is positioned for immediate income generation with continued improvement underway for the unit currently being renovated.
The property is situated in Downtown Visalia, offering a consolidated retail configuration with multiple long-term tenants.
As presented, the asset is positioned for immediate income generation with continued improvement underway for the unit currently being renovated.
Key Highlights
- Downtown Visalia corner‑lot income property with six fully occupied units
- All units are currently rented with long‑term tenants
- Tenants pay their own gas and electricity, helping minimize owner utilities expense
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.7k | $21.60 |
| − Vacancy | −$4.6k | −$1.21 |
| EGI | $78.0k | $20.39 |
| − OpEx | −$23.4k | −$6.12 |
| NOI | $54.6k | $14.27 |
3,827 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$780.3K
$682.8K – $910.4K
NOI $54,624 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$917.3K – $1.22M
NOI $73,387 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Our Place
Hair Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Florist — 670 E Acequia Ave, Visalia, CA 93292
- Creative Flowers — 124 N Willis St, Visalia, CA 93291
- Sequoia Plaza Flowers — 601 N Willis St, Visalia, CA 93291
- Flowers By Peter Perkens — 1420 W Center Ave, Visalia, CA 93291
- Lily's Florist Visalia — 803 W Oak Ave, Visalia, CA 93291
FAQs
What type of property is this?
Storefront property - Well-maintained retail property on a corner lot featuring six fully occupied units.
Where is this storefront property located?
The property is located at 210 N Floral Street Visalia, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Downtown Visalia corner‑lot income property with six fully occupied units; All units are currently rented with long‑term tenants; Tenants pay their own gas and electricity, helping minimize owner utilities expense
