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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Retail space
117 Main St 101 Visalia, CA 93291-6357
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-5997337
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Construction
TILT-UP CONCRETE
Total area
11,962 SF
Lot
0.08 ac (3,489 SF)
Zoning code
CDT
APN
094-298-005-000
UPID
US09-5997337
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
-
Dmv Corporate Office
-
Apricot Lane Boutique Clothing & Fashion Store
-
Metropolis Body Spa Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.55M
Owner & transaction history
Kesavaramanjum Family Revocable Tru
Kesavaramanjum Family Revocable Tru
since 2025
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
CDT · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.4M
+30.5%
Office building
$1.9M
+0.5%
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 Visalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Visalia 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
$1,880,000
ML approach
$1,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,845,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,405,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$1,850,000
Change: +0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,615,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.55M (Feb 14 2025)
Last sale anchor
$1.55M
Feb 14 2025
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
$129 / 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
$13,069
Tax year 2024
Assessed value
$1,158,121
Assessed 2024
Previous assessed
$1,158,121
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$83,663
Assessed improvement
$1,074,458
Applied tax rate
6.0000
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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
11,962 SF
Lot
0.08 ac (3,489 SF)
Zoning code
CDT
APN
094-298-005-000
UPID
US09-5997337
Jurisdiction
TULARE
Zoning & alternative use
CDT · Visalia, CA
Zoning CDT · permitted uses
CDT · Visalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Visalia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.08 ac
Current owner
From public records · entity-resolved
Kesavaramanjum Family Revocable Tru
Individual
Free & Clear · 0 yrs held
Mailing address
2439 W WHITENDALE AVE STE D, VISALIA, CA 93277-6129
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
—
Kesavaramanjum Family Revocable Tru
Satish Kesavaramanujam
Deed
related
—
Feb 14, 2025
$1,550,000
Satish Kesavaramanujam
Bullock Golden
Grant Deed
$1,085,000 · Mission Bank
Mar 9, 2018
$1,112,500
Bullock-golden
Drake Equity
Grant Deed
—
Feb 28, 2018
$750,000
Drake Equity
Sierra Haden Properties INC
Grant Deed
$752,300 · Valley Builders INC
Apr 21, 2010
—
Sierra Haden Properties INC
Haden Co INC
Quit Claim Deed
—
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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