Property profile

1162 Leland Ave Tulare, CA 93274

FOR SALE
Office buildings
Property ID
US09-5733461
0.35 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 15,822 square foot commercial lot is situated at 1162 Leland Avenue in Tulare, California, 93274 (APN 149-130-049). Located within the Del Lago Professional Center, this property presents a rare opportunity to acquire one of the last remaining undeveloped parcels in a thriving area. Its convenient Leland Avenue location, directly off Hillman Street, provides excellent visibility and accessibility. The property benefits from proximity to numerous shopping centers, including the Tulare Outlet Mall and Plaza Del Lago, ensuring high foot traffic and consumer accessibility. The location in North Tulare offers easy access to Visalia via Hillman Street or Demaree Street. The asking price for this prime commercial lot is $237,330. This is a unique chance to build in a well-established and rapidly growing commercial area. The property's size and location make it suitable for a variety of commercial developments. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Lot 0.35 ac (15,107 SF)
APN 149-130-049-000
UPID US09-5733461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1162 Leland Ave Tulare, CA 93274
Tulare metro Census 2401 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2025
Last sale
$198,000
2 recorded transactions
2025
$198,000
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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