0 Lovers Ln & Walnut Ave, Visalia, CA 93292
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.