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    OFF-MARKET
    Land

    0 Lovers Ln & Walnut Ave, Visalia, CA 93292

    3,000 SF 6.72 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Total area 3,000 SF
    Lot 6.72 ac (292,723 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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