Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Visalia Industrial Park Warehouse Space Title is generated by Realmo AI

    9231 W Riggin Ave, Visalia, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial warehouse space for lease in Visalia Industrial Park.

    Type:INDUSTRIAL
    Property size:
    41,488 SF
    Lot size:
    34.79 Acres
    Added:
    Aug 29, 2025
    Days on Market:
    257
    Last Refresh:
    Apr 5 at 9:31 pm

    Property Features for 9231 W Riggin Ave

    General Information

    Standard status
    Active
    Size
    41,488 SF
    Lot size
    34.79 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 9231 W Riggin Ave Contact us

    We can help!

    Listing Contact
    Matthew 'Matt' Graham

    Listing agent Matthew 'Matt' Graham

    Listing office Graham & Associates

    Listing date Aug 29, 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 Graham & Associates

    HighLights

    • Located close to the 99 Freeway, providing easy access to the Central Valley’s major roadways.
    • Includes large warehouse space.
    • Features 5 dock doors for efficient loading and unloading.
    • Equipped with ESFR sprinklers for fire safety.
    • Offers office space in addition to the warehouse.
    • Includes 2 grade level doors.

    Overview

    This industrial warehouse space is available for lease and is located in the Visalia Industrial Park. The building encompasses a large warehouse area and office space. It is equipped with 5 dock doors and 2 grade-level doors. The property also features an ESFR sprinkler system. Its location provides convenient access to the Central Valley’s major roadways via proximity to the 99 Freeway. The property size is 41488 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Food Market Storage Facility

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

    Similar Places Nearby

    • Storland - Visalia — 338 Shannon Pkwy, Visalia, CA 93291

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.368
    Latitude
    36.3564

    Nearby Similar for Lease

    • $8,743/Mo

      Visalia Commercial Building For Lease

      Versatile office building with flexible suite options in Visalia, CA.
      724 N Ben Maddox Way unit: A-D, Visalia, CA 93292
      View Details
    • $750/Mo

      Downtown Visalia Professional Office Suite

      Private office suites overlooking downtown Visalia, ideal for creative professionals.
      107 W Main Street, Visalia, CA 93291
      View Details
    • $2,000/Mo

      Visalia Office Suite For Rent

      850 SF office suite with private offices and sinks.
      5407 W Hillsdale Avenue, Visalia, CA 93291
      View Details
    • $1,740/Mo

      Professional Suite in Visalia, CA

      High-visibility 994 SF professional suite for lease in Visalia.
      1747 W Walnut Avenue, Visalia, CA 93277
      View Details
    • $1,847/Mo

      Visalia Office Space For Rent

      Remodeled office space with ample parking in Visalia, CA.
      248 W Caldwell Avenue, Visalia, CA 93277
      View Details
    • $1,120/Mo

      Visalia Office Suite For Rent

      Upstairs office suite with reception, offices, restroom, and storage.
      5501 W Hillsdale Avenue, Visalia, CA 93291
      View Details
    • $2,000/Mo

      Downtown Visalia Office Suite

      Functional 1,350 SF office suite in downtown Visalia.
      115 W Main Street, Visalia, CA 93291
      View Details
    • $1,160/Mo

      Visalia Office Space Available

      Spacious 1,225 SF office in West Visalia for rent.
      5327 W Hillsdale Avenue, Visalia, CA 93291
      View Details
    • $1.65 SF/Yr

      Visalia Office Space For Lease

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

      Retail/Office Space For Lease

      New construction retail/office space available for lease in Visalia, CA.
      337 N Plaza Dr, Visalia, CA
      View Details
    • $1.00 SF/Yr

      Retail Space in Visalia Center

      Retail space for lease in North Pointe Shopping Center.
      1424-1550 N Ben Maddox Way, Visalia, CA
      View Details
    • $850/Mo

      Visalia Executive Office Suite

      Class A office space with shared amenities for rent.
      1041-1043 N Demaree St, Visalia, CA
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse space for lease in Visalia Industrial Park.
    Where is this warehouse located?
    The property is located at 9231 W Riggin Ave Visalia, CA.
    What are key features of this property?
    This property features: Located close to the 99 Freeway, providing easy access to the Central Valley’s major roadways.; Includes large warehouse space.; Features **5 dock doors** for efficient loading and unloading.
    (559) 754-3020 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Matthew 'Matt' Graham
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    9231 W Riggin Ave, Visalia, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!