Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    505 Tualre Ave Tulare, CA 93274
    Back to Search
    Property profile & analytics

    505 Tualre Ave Tulare, CA 93274

    View on Map
    • Specialty properties
    • 2,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 505 Tualre Ave

    Property size
    2,800 SF
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 2,800 square foot industrial building, located at 505 E Tualre Avenue in Tulare, California (zip code 93274), presents a unique opportunity for a variety of commercial or manufacturing uses. Currently a shell building, this property offers unparalleled flexibility for businesses seeking a space to design and build to their exact specifications. The property is zoned for both manufacturing and commercial activities, providing a wide range of potential applications. The asking price is $3,000. The building sits on land and is classified as special purpose, industrial, and land. The seller is open to collaborating with prospective tenants and is receptive to various business proposals. This presents a rare chance to create a customized workspace tailored to your specific operational needs. The property's location in Tulare County offers convenient access to local amenities and transportation routes. This is an ideal opportunity for entrepreneurs and established businesses alike seeking a blank canvas to develop their ideal commercial or manufacturing space. The property is ready for immediate occupancy and offers significant potential for growth and customization. Don't miss this chance to secure a prime location in Tulare, California.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tulare
    County
    Tulare
    State
    California
    Longitude
    -119.342
    Latitude
    36.2084

    Comparable in this City

    • Value Estimation by Request
      4,450 SF

      16785 Monroe Rd

      Manufacturing properties • 4,450 SF
      16785 Monroe Rd, Tulare, CA 93274
      View Details
    • Value Estimation by Request
      5.20 Acres

      Road 112

      Farms • 5.20 Acres
      0 Road 112, Tulare, CA 93274
      View Details
    • Value Estimation by Request

      W Akers Ave 256 &

      Distribution properties
      W Akers Ave 256 &, Tulare, CA 93274
      View Details
    • Value Estimation by Request
      65.45 Acres

      Oakdale Ave

      Land • 65.45 Acres
      0 Oakdale Ave, Tulare, CA 93274
      View Details
    • Value Estimation by Request

      21346 Road 140

      Farms
      21346 Road 140, Tulare, CA 93274
      View Details
    • Value Estimation by Request
      7,500 SF

      1143 Security Ct

      Manufacturing properties • 7,500 SF
      1143 Security Ct, Tulare, CA 93274
      View Details

    Similar Nearby for Sale

    • $250,000

      Special Purpose Property For Sale

      Special purpose commercial property available for purchase.
      402 S Burnett Rd, Tipton, CA 93274
      View Details
    • Contact for pricing
      26,000 SF

      Food Processing Plant For Sale

      26,000 SF food processing plant with extensive infrastructure.
      4002 South K St, Tulare, CA 93274
      View Details
    • Contact for pricing
      Pending

      Land Available Near Highway 99

      Land on north side of Tulare, near Highway 99.
      E Cartmill Ave And M St, Tulare, CA 93274
      View Details
    • Contact for pricing

      Land with Highway Access

      Land near Highway 99, suitable for various crops.
      1927 E Tulare Ave, Tulare, CA 93274
      View Details
    • Contact for pricing

      Highway Frontage Land with Potential

      10.5 acres with structures, near Tulare, endless possibilities.
      14402 Avenue 232, Tulare, CA 93274
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease at 523 E Cartmill Ave, Tulare, CA.
      523 E Cartmill Ave, Tulare, CA 93274
      View Details

    Similar Nearby for Lease

    • $11,500 /Mo

      Former Water Park Land Lease

      4.78 acre former water park site available for lease.
      2450 E Tulare Ave, Tulare, CA 93274
      View Details
    • Contact for pricing

      Land For Rent Tulare

      Land available for rent in Tulare, California.
      1258 Lakewood St, Tulare, CA 93274
      View Details
    • Contact for pricing
      11,296 SF

      New Industrial Service and Storage

      Brand new 11,296 SF industrial building for lease.
      725 Industrial Ave, Tulare, CA 93274
      View Details
    • Contact for pricing
      7,500 SF

      Tulare Industrial Space For Lease

      7,500 SF office/warehouse with high visibility and easy freeway access.
      1143 Security Ct, Tulare, CA 93274
      View Details
    • Contact for pricing
      670,040 SF

      Tulare Industrial Business Park Space

      Master-planned business park with expandable industrial and distribution buildings.
      445 W Paige Ave, Tulare, CA 93274
      View Details
    • Contact for pricing
      585,760 SF

      Tulare Business Park Space Available

      Master-planned business park with expandable warehouse and distribution space.
      246 W Wade Ave, Tulare, CA 93274
      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.
    505 Tualre Ave
    Tulare, CA 93274
    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
    505 Tualre Ave, Tulare, CA, 93274
    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!