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    Lovers Ln & Walnut Ave Visalia, CA 93292

    Sponsored
    For Sale
    Contact for pricing

    97 Units, 6.72-8.87 Acres, High Growth

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a significant parcel of land totaling between 6.72 and 8.87 acres, ideally situated in a prominent east Visalia location at the signalized intersection of Lovers Ln and Walnut Avenue. The property is zoned CN (Neighborhood Commercial), allowing for a diverse range of development possibilities. Currently improved with a 97-unit multifamily complex, this presents a unique chance to capitalize on the existing income stream while exploring future development options. The 3,000 square foot building sits on APNs 100-360-032 and 100-370-025. This rapidly growing submarket in Tulare County, California, presents a compelling investment case, particularly given the significant underserviced retail sector. The property's strategic location and zoning flexibility offer substantial potential for long-term appreciation and diverse income streams. The Visalia, CA 93292 address provides easy access to major transportation routes and amenities. This is a rare chance to acquire a substantial holding in a thriving area with significant upside potential. The property's size and zoning make it suitable for a variety of commercial and residential uses, offering a flexible investment strategy for discerning buyers.

    Property Features for 0 Lovers Ln & Walnut Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,000 SF
    Lot Size
    292,723 SF

    Building Details

    Units
    97

    HighLights

    • High‑visibility location in East Visalia.
    • Signalized intersection provides excellent access.
    • Located in a rapidly expanding retail submarket.
    • Significant unmet retail demand in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.2606475
    Latitude
    36.3127141

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    FAQs

    What type of property is this?
    Multifamily property - 97 Units, 6.72-8.87 Acres, High Growth
    Where is this multifamily property located?
    The property is located at Lovers Ln & Walnut Ave Visalia, CA.
    What are key features of this property?
    This property features: High-visibility location in East Visalia.; Signalized intersection provides excellent access.; Located in a rapidly expanding retail submarket.
    Request Owner's contact information
    Lovers Ln & Walnut Ave Visalia, CA 93292
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    Realmo Value Estimation

    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.

    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.

    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
    Lovers Ln & Walnut Ave Visalia, CA 93292
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