Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6401 Road 136 Earlimart, CA 93219
    Back to Search
    Property profile & analytics

    6401 Road 136, Earlimart, CA 93219

    View on Map
    • Lifestyle centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 6401 Road 136

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 11.21-acre commercial development parcel in Earlimart, California (93219), presents a unique investment opportunity. Located at 6401 Rd 136, Tulare County, this property boasts a C-2 zoning designation and is fully re-entitled and re-zoned, a process that took over 12 years and significant investment. The land is strategically positioned within an Opportunity Zone, offering substantial tax advantages. Currently generating rental income from an agricultural lease with a buyout clause, this allows for immediate return while development plans are finalized. Tulare County fully supports this development, incorporating it into their General Plan for Earlimart. The property's proximity to Deer Creek is key, as it provides access to the sewer line via a planned route under the 99 Freeway, connecting to the water treatment facility on the opposite side. This addresses a critical infrastructure need for future development in this area, making this parcel the next logical phase of Earlimart's expansion. Flexible and negotiable seller financing terms are available, making this a compelling investment prospect. The asking price is $3,418,153. This property is suitable for a variety of commercial uses, including agricultural, grocery store, and shopping center developments.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Earlimart
    County
    Tulare
    State
    California
    Longitude
    -119.268
    Latitude
    35.9064

    Comparable in this City

    • Value Estimation by Request
      9.90 Acres

      6402 Rd

      Automotive properties
      6402 Rd, Teviston, CA 93219
      View Details
    • Value Estimation by Request
      1,886.27 Acres

      0000 Hwy

      Farms
      0000 Hwy, Earlimart, CA 93219
      View Details
    • Value Estimation by Request
      160.00 Acres

      Road 128

      Farms
      0 Road 128, Earlimart, CA 93219
      View Details
    • Value Estimation by Request
      667.00 Acres

      19598 Avenue 40

      Farms
      19598 Avenue 40, Earlimart, CA 93219
      View Details
    • Value Estimation by Request

      6601 Rd

      Multifamily properties
      6601 Rd, Teviston, CA 93219
      View Details
    • Value Estimation by Request

      6600 Rd

      Multifamily properties
      6600 Rd, Teviston, CA 93219
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      272 Acres Almond Orchard in Pixley

      272 acres almond orchard with irrigation in Pixley, CA.
      Road 140 Rd, Earlimart, CA 93219
      View Details
    • Contact for pricing

      320-Acre Multi-Zoned Development Opportunity

      320-acre multi-zoned property near Earlimart, CA, for mixed-use development.
      North Of Deer Crk Ave, Earlimart, CA 93219
      View Details
    • $599,000
      2,508 SF

      Mixed-Use Property in Earlimart, CA

      Mixed-use property with residential and commercial spaces, ideal for investors.
      267 Cedar Ave, Earlimart, CA 93219
      View Details
    • Contact for pricing

      Earlimart Commercial Land For Sale

      Highly visible corner lot near HWY 99 in Earlimart.
      South Front St, Earlimart, CA 93219
      View Details
    • $55,000
      0.92 Acres

      Land in Alpaugh, California

      Land available in Alpaugh, California, with unlimited possibilities.
      Alpaugh, CA 93219
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6401 Road 136
    Earlimart, CA 93219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6401 Road 136, Earlimart, CA, 93219
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!