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    822 Center Ave Visalia, CA 93291

    Sponsored
    For Sale
    $490,000

    ±2,278 SF Office, Value-Add Opportunity

    Property size:
    2,278 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±2,278 square foot office building in Visalia, CA, presents a compelling value-add investment opportunity. Located at 822 W Center Ave, this single-story, 1973-built structure (renovated in 2019) sits on a 0.148-acre lot and boasts prominent Center Street signage, frontage, and ample parking. Currently 40% occupied by a long-term tenant paying $950/month, the building offers two contiguous units totaling ±2,278 SF. One unit (approximately 1,365 SF) features a reception area, substantial storage, and two private offices. The second unit (approximately 913 SF) has a separate entrance, three large rooms, additional storage/office space, and a private restroom. The building's construction is of high-quality concrete block and brick. The interior is in move-in ready condition with an open floor plan, allowing for flexible adaptation to a new tenant's needs. Its central location near downtown Visalia provides easy access to the entire city and benefits from high consumer traffic and visibility. The property is zoned PA and is an excellent candidate for an SBA loan, with a down payment of $49,000 resulting in monthly payments significantly less than comparable lease rates. This property offers a blend of immediate income and significant upside potential for a savvy investor.

    Property Features for 822 Center Ave

    General Information

    Property type
    Medical offices
    Square Feet
    2,278 SF
    Class
    B
    Lot Size
    6,447 SF

    Building Details

    Year Built/Renovated
    1973/2019
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Excellent SBA loan opportunity.
    • $49,000 down payment; monthly payments are $850 less than a comparable lease.
    • 2,278 SF building with prominent Center Street signage, frontage, and parking.
    • Prime office space near Downtown Visalia.
    • Move‑in ready condition with an open floor plan.
    • Centrally located with easy city access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trilotech Computer Support And Services Morris Sprague Groen ... Tax Preparation Service Morris Sprague Groen ... Certified Public Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.30110557852
    Latitude
    36.331080641142

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    FAQs

    What type of property is this?
    Medical office - ±2,278 SF Office, Value-Add Opportunity
    Where is this medical office located?
    The property is located at 822 Center Ave Visalia, CA.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: Excellent SBA loan opportunity.; $49,000 down payment; monthly payments are $850 less than a comparable lease.; 2,278 SF building with prominent Center Street signage, frontage, and parking.
    Request Owner's contact information
    822 Center Ave Visalia, CA 93291
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    Visalia, CA 93291
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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
    822 Center Ave Visalia, CA 93291
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