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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
1187 Henderson Ave Porterville, CA 93257-1452
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5833755
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
TILT-UP CONCRETE
Total area
3,066 SF
Lot
0.6 ac (26,203 SF)
APN
251-120-003-000
UPID
US09-5833755
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
-
Starbucks Cafe & Coffee Shop
-
The Habit Restaurant
-
Mattress Firm Porterville Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$650k
Owner & transaction history
Dakhil Commercial Properties LP · 2 yrs held
Dakhil Commercial Properties LP
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$745,000
+120.5%
Medical building
$620,000
+82.6%
Office building
$395,000
+15.9%
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 Porterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Porterville 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$745,000
Change: +121% · Conversion: Easy
MEDICAL BUILDING
$620,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$395,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Apr 4 2024)
Last sale anchor
$650k
Apr 4 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
$212 / 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
$12,571
Tax year 2024
Assessed value
$1,160,445
Assessed 2024
Previous assessed
$1,160,445
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$362,429
Assessed improvement
$798,016
Applied tax rate
4.0000
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
1987
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,066 SF
Lot
0.6 ac (26,203 SF)
APN
251-120-003-000
UPID
US09-5833755
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$745,000
MEDICAL BUILDING
Est. value
$620,000
OFFICE BUILDING
Est. value
$395,000
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
1987
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Dakhil Commercial Properties LP
Entity
Mailing address
2534 W MEMORY LN, PORTERVILLE, CA 93257-6929
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
$650,000
Dakhil Commercial Properties LP
Nizar Hourany
Grant Deed
—
Nov 9, 2017
—
Dakhil Family Living Trust
Dakhil,mounib & Salam
Quit Claim Deed
—
Jul 28, 2017
—
Mikhail Dakhil Mounib
—
Deed
related
$635,000 · Suncrest Bank
Dec 16, 2016
—
Hourany,nizar Family Trust
Hourany,nizar
Quit Claim Deed
related
—
Nov 19, 2015
—
Nizar Hourany
Hourany,nadia
Quit Claim Deed
related
—
Jun 23, 2004
$600,000
Mounib M Dakhil
R M Parks INC
Grant Deed
$850,000 · Bank Of The Sierra
Aug 9, 2000
$800,000
R M Parks INC
Purmax Oil Co
Grant Deed
$900,000 · Bank Of The Sierra
—
—
Purmax Oil Co INC
—
Deed Of Trust
related
$840,000 · Bank Of The Sierra
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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