New search
Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Banks
126 Ctr Ave, Visalia, CA 93291-6228
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-5993221
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1937
Construction
TILT-UP CONCRETE
Total area
5,740 SF
Lot
0.23 ac (9,900 SF)
Zoning code
CDT
APN
094-335-008-000
UPID
US09-5993221
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
-
Community West Bank – Formerly Named Central Valley Community Bank Bank Loan Service
-
Royal Vista Marketing Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Centercourt Investment LLC · 8 yrs held
Centercourt Investment LLC
since 2017
7 recorded transactions
Zoning & alternative use
CDT · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+47.7%
Restaurant
$955,000
+15.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$825,000
Current use
COMMERCIAL (GENERAL)
$1,215,000
Change: +48% · Conversion: Difficult
RESTAURANT
$955,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$755,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$705,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±10%
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
$145 / 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
$20,978
Tax year 2024
Assessed value
$1,782,576
Assessed 2024
Previous assessed
$1,782,576
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$217,526
Assessed improvement
$1,565,050
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1937
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,740 SF
Lot
0.23 ac (9,900 SF)
Zoning code
CDT
APN
094-335-008-000
UPID
US09-5993221
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
FINANCIAL BUILDING Current
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$955,000
MEDICAL BUILDING
Est. value
$755,000
OFFICE BUILDING
Est. value
$705,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1937
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Centercourt Investment LLC
Entity
Mailing address
PO BOX 170, ODELL, OR 97044-0170
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2017
—
Centercourt Investment LLC
Royal Vista Marketing INC
Quit Claim Deed
related
—
Dec 20, 2017
$1,200,000
Ducor Cold Storage LLC
Centercourt Investment LLC
Grant Deed
—
Sep 30, 2009
—
Royal Vista Marketing INC
Cemtercourt Investment LLC
Grant Deed
related
—
May 28, 2009
$1,100,000
Centercourt Investment LLC
Vef One LLC
Grant Deed
$825,000 · Citizens Business Bank
Mar 23, 2006
—
City Of Visalia
Vef One LLC
Grant Deed
related
—
Feb 15, 2006
—
Vef One LLC
Valdivia,gerald E & Joann
Grant Deed
related
—
Feb 10, 2006
$476,000
Kerr Partners LLC
Gratias Group
Grant Deed
—
Feb 10, 2006
—
Vef One LLC
Kerr Partners LLC
Grant Deed
$1,150,000 · Bob & Debbie Duley
Feb 27, 2004
$415,000
Gratias Group LP
Hatmor Properties
Grant Deed
—
May 18, 1999
—
Hatleli Trust
Hatleli,doris V
Quit Claim Deed
related
—
Oct 14, 1998
—
Hatlei Trust
Hatleli,doris V
Quit Claim Deed
related
—
Jan 12, 1998
$75,500
Doris V Hatleli
Glenn D Moran Estate
Quit Claim Deed
related
—
Feb 23, 1989
$100,000
Glen D Moran
Harris,barbara S
Grant Deed
$110,000 · Bank Of Fresno
—
—
Hatmor Properties
—
Deed Of Trust
related
$120,000 · Westamerica Bank
—
—
Vef One LLC
—
Deed Of Trust
related
$1,150,000 · Citizens Business Bank
—
—
Centercourt Investment Lcl
—
Deed Of Trust
related
$169,000 · Cen Cal Business Finance Group
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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