Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    31936 Road 168 Visalia, CA 93292
    Back to Search
    Property profile & analytics

    31936 Road 168, Visalia, CA 93292

    View on Map
    • Land
    • 8.63 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 31936 Road 168

    Lot size
    8.63 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    Exceptional 8.63-acre country property in Visalia, CA (Tulare County, zip code 93292), located at 31936 Rd 168. This unique offering combines agricultural land, a charming home, and additional structures. The property features approximately 5 acres of Cara Cara orange trees, not yet in full production. Two irrigation wells and a domestic well serve the property. The circa-1936 home has undergone extensive renovations, boasting a modern kitchen with stone countertops and stainless steel appliances, refinished hardwood floors, and a newly updated bathroom with a subway tile shower. An additional house pad is available, along with a refurbished 1000-square-foot barn. The property is fully fenced and landscaped, including a designated bridal path for irrigation and a private tree nursery. The property is zoned AE-20 and has an APN of 110-130-004. Enjoy easy access to Visalia while experiencing the tranquility of country living. This property presents a rare opportunity to own a versatile and well-maintained country estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.198
    Latitude
    36.3701

    Comparable in this City

    • Value Estimation by Request
      43.17 Acres

      Avenue 292

      Farms
      0 Avenue 292, Visalia, CA 93292
      View Details
    • Value Estimation by Request
      15.15 Acres

      Road 152

      Farms
      0 Road 152, Visalia, CA 93292
      View Details
    • Value Estimation by Request
      46.34 Acres

      Road 156

      Farms
      0 Road 156, Visalia, CA 93292
      View Details
    • Value Estimation by Request
      73.23 Acres

      Ben Maddox Way

      Farms
      0 Ben Maddox Way, Visalia, CA 93292
      View Details
    • Value Estimation by Request
      38.00 Acres

      25851 Road 148

      Farms
      25851 Road 148, Visalia, CA 93292
      View Details
    • Value Estimation by Request
      21.79 Acres

      Avenue 384

      Farms
      0 Avenue 384, Visalia, CA 93292
      View Details

    Similar Nearby for Sale

    • $602,600
      26.20 Acres

      Visalia Land with Agricultural Potential

      26.2 acre Visalia land with mature citrus and grazing.
      W Cajon Ave, Visalia, CA 93292
      View Details
    • Contact for pricing

      Visalia Agricultural Property with Oranges

      8.63 acre Visalia property with Cara Cara oranges.
      31946 Road 168, Visalia, CA 93292
      View Details
    • Contact for pricing

      Visalia Ranch with Modern Barn

      Meticulously developed ranch with citrus, pastures, and modern barn.
      15725 Avenue 376, Visalia, CA 93292
      View Details
    • $1,746,000
      19.40 Acres

      Visalia Land with Development Potential

      19.4 acres of land zoned AE-20 in Visalia, CA.
      Lovers Ln, Visalia, CA 93292
      View Details
    • Contact for pricing

      Visalia Land For Sale

      Land available for sale in Visalia, California.
      Road 140, Visalia, CA 93292
      View Details
    • Contact for pricing

      Visalia Land For Sale

      Land available for sale in Visalia, California.
      2121 E Goshen Ave, Visalia, CA 93292
      View Details

    Similar Nearby for Lease

    • $8,743 /Mo
      6,725 SF

      Visalia Commercial Building For Lease

      Versatile office building with flexible suite options in Visalia, CA.
      724 N Ben Maddox Way, Visalia, CA 93292
      View Details
    • Contact for pricing
      3,750 SF

      Visalia Office Space For Rent

      Office space with open layout and private office available for rent.
      1101-1115 E Douglas Ave, Visalia, CA 93292
      View Details
    • Contact for pricing
      1,980 SF

      Warehouse Space in East Main

      Warehouse space with office and restroom near Highway 198.
      1901 E Main St, Visalia, CA 93292
      View Details
    • Contact for pricing
      7,700 SF

      Industrial Building Near Downtown Visalia

      Light industrial building with warehouse, showroom, and parking.
      1742 E Main St, Visalia, CA 93292
      View Details
    • Contact for pricing
      2,730 SF

      Visalia Office Space For Lease

      Office space for lease in Northeast Visalia with great visibility.
      724 N Ben Maddox Way, Visalia, CA 93292
      View Details
    • Contact for pricing
      7,500 SF

      East Main Street Auto Lot

      Showroom and auto lot with high visibility and access.
      2204 E Main St, Visalia, CA 93292
      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.
    31936 Road 168
    Visalia, CA 93292
    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
    31936 Road 168, Visalia, CA, 93292
    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!