0 Sec Mooney Blvd & Visalia Pkwy Visalia, CA 93277
This exceptional 10.2-acre commercial land parcel presents a unique investment opportunity in Visalia, California. Situated at the southeast corner of Mooney Boulevard and Visalia Parkway, this property is part of a planned Phase 1 shopping center development anchored by Aldi grocery. Two remaining parcels are available for sale within this initial phase. The site boasts a highly desirable location within a thriving retail corridor, benefiting from significant daily traffic volume on busy Highway 63 (Mooney Blvd). Convenient access to Highway 198 on/off ramps is within three miles. The area demonstrates strong retail growth, with a substantial daytime population of 157,864 within a five-mile radius. This strategic location is further enhanced by the proximity to major national retailers including Lowe's, Walmart, Costco, Target, Sportsman's Warehouse, Best Buy, Guitar Center, and PetSmart, along with numerous other national retailers and restaurants within a quarter-mile radius. Phase 1 includes an available anchor pad of approximately 82,734 square feet and a mid-pad of approximately 46,511 square feet. Phase 2 development opportunities also exist, encompassing additional anchor positions and pads on the remaining 10.2 acres. The property is zoned AE-20, and the total square footage of the available land is 129,245. This is an ideal opportunity to capitalize on the robust retail environment and strong demographics of this prime Visalia location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.