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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
113 M St Tulare, CA 93274-4125
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5833003
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Construction
TILT-UP CONCRETE
Total area
4,704 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C3
APN
176-076-004-000
UPID
US09-5833003
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Turn Point-Central California Crisis Center Medical Clinic
-
JC Signs (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Socheat Sek · 2 yrs held
Socheat Sek
since 2024
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
C3 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+71.0%
Medical building
$950,000
+41.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$1,120,000
6.5%
$1,035,000
7%
$960,000
Alternative Use
Use
Estimation
RETAIL STORES
$670,000
Current use
COMMERCIAL (GENERAL)
$1,145,000
Change: +71% · Conversion: Easy
MEDICAL BUILDING
$950,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$605,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Apr 5 2024)
Last sale anchor
$950k
Apr 5 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$202 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,756
Tax year 2024
Assessed value
$245,412
Assessed 2024
Previous assessed
$245,412
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$55,775
Assessed improvement
$189,637
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1951
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
YES
Units
3
Bathrooms
3
Total area
4,704 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C3
APN
176-076-004-000
UPID
US09-5833003
Jurisdiction
TULARE
Zoning & alternative use
C3 · Tulare, CA
Zoning C3 · permitted uses
C3 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$950,000
OFFICE BUILDING
Est. value
$605,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
Yes
Units
3
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Socheat Sek
Individual
Mailing address
2594 CRYSTAL DOWNS AVE, TULARE, CA 93274-3264
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
$950,000
Socheat Sek
Julie Marie Beltran
Grant Deed
$350,000 · Dp Green Properties LLC
Aug 31, 2023
—
Julie Marie Beltran
—
Deed
related
$360,000 · Phillip Andrew Etal
Feb 16, 2023
$36,000
Nicholas R Beltran
Julie Marie Beltran
Grant Deed
related
—
Dec 28, 2022
$420,000
Julie Marie Beltran
V Lim Shelly Evelynna
Grant Deed
$200,000 · Jose Trevino
Aug 17, 2017
$220,000
Evelynna V Living T Lim-shelly
Redevelopment Agcy
Grant Deed
—
Aug 29, 2011
—
City Of Tulare
Tulare Redev Agcy
Quit Claim Deed
—
Jun 29, 2011
—
City Of Tulare
Tulare Redev Agcy
Quit Claim Deed
—
May 11, 2010
—
Tulare Redev Agcy
Green,darrell L & Phyllis
Grant Deed
—
Apr 20, 2010
—
Green,darrell L & Phyllis
Daphdi LLC
Grant Deed
related
—
Apr 19, 2001
$153,000
Daphdi LLC
Tulare City (ca)
Grant Deed
$107,100 · Bank Of Visalia
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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