Corner Church and
For Sale
$575,000
947 W Kern Avenue, Tulare, CA 93274
COMMERCIAL - Tulare, CA
Property Size2,800 SF
Lot Size0.52 Acres
Price / SF$205.36
Days on Market98
Property Features for 947 W Kern Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Accessibility
Accessible Approach with Ramp
Directions
From Tulare Ave, South on California St. 1 block, Property is on SE Corner of Kern and California
Subdivision
Tulare SW
Standard status
Active
APN
175102002000
Size
2,800 SF
Lot size
0.52 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Roof type
Composition
Listing Agency:
Crown Realty
(559) 428-9601
Listed By:
Charlie Ramos
(559) 428-9601
Added: May 6
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 241535
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property includes a 2,800 SF church with a sanctuary and supporting rooms, including a baptismal, kitchen, board room, nursery, two offices, two classrooms, and two bathrooms. A separate storage building is also included.
The parsonage is a 3-bedroom, 1-bath home with a large all-purpose room, a two-car carport, and a large storage shed. The parking lot provides 26 open spaces and two covered carport spaces.
Located on the corner of California St and Kern Ave in Tulare, the offering brings together the church, parsonage, and onsite parking within a single package.
The parsonage is a 3-bedroom, 1-bath home with a large all-purpose room, a two-car carport, and a large storage shed. The parking lot provides 26 open spaces and two covered carport spaces.
Located on the corner of California St and Kern Ave in Tulare, the offering brings together the church, parsonage, and onsite parking within a single package.
Key Highlights
- 2800 SF church on the corner of California St and Kern Ave
- Church features include sanctuary, baptismal, kitchen, board room, nursery, 2 offices, two classrooms, and 2 bathrooms
- Includes separate storage building plus additional storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,252
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,040
$465.0K
Cap Rate 7%
$332,171
$332.2K
Cap Rate 9%
$258,356
$258.4K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$45.4K $16.20/SF
− Vacancy
−$3.1K −$1.10/SF
EGI
$42.3K $15.10/SF
− OpEx
−$19.0K −$6.79/SF
NOI
$23.3K $8.30/SF
Area
Tulare County, CA
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,040
Cap Rate 7%
$332,171
Cap Rate 9%
$258,356
Alternative Uses
Best Use
Apartment 5plus
$332.2K
$290.7K – $387.5K
NOI $23,252 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$850.5K
$744.2K – $992.3K
NOI $59,535 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Explore this area
Business Placement
Demographics for 93274, CA
78,493
Population
24,493
Households
3.2
Avg Household Size
31
Median Age
11%
College-Educated
75%
High-School Grad
219.2 sq mi
ZIP Area
358
Density / Sq Mi
$69,905
Median Household Income
$37,434
Median Earnings
$1,334
Median Rent
$300,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Church sanctuary with baptismal, kitchen, board room, offices, classrooms, plus a 3-bedroom parsonage and parking lot.
Where is this church & religious facility located?
The property is located at 947 W Kern Avenue Tulare, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2800 SF church on the corner of California St and Kern Ave; Church features include sanctuary, baptismal, kitchen, board room, nursery, 2 offices, two classrooms, and 2 bathrooms; Includes separate storage building plus additional storage shed
