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Property profile & analytics
FOR LEASE
Retail space
1260 W Henderson Ave Porterville, CA 93257
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-5832904
For Lease
1 / 2
$4,150,000
1260 W Henderson Ave, Porterville, CA 93257
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
TILT-UP CONCRETE
Total area
22,940 SF
Lot
2.16 ac (94,089 SF)
APN
246-120-021-000
UPID
US09-5832904
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
-
OfficeMax Tech Services Tech Support Center IT Consulting Firm
-
FedEx ShipSite Postal Service Courier Service
-
Coinhub Bitcoin ATM Teller Atm
-
OfficeMax (Bike/Boat/Book/etc) Store
-
OfficeMax Print & Copy Services (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.04M
Comparable Approach
Comparable
$4.19M
Blend (final)
Blend
$4.15M
Owner & transaction history
Burlington Coat Factory Of Texas In
Burlington Coat Factory Of Texas In
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.6M
+120.5%
Medical building
$4.6M
+82.6%
Apartment house (5+ units)
$3.1M
+23.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,455,000
6.5%
$5,035,000
7%
$4,680,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,535,000
Current use
COMMERCIAL (GENERAL)
$5,590,000
Change: +121% · Conversion: Easy
MEDICAL BUILDING
$4,630,000
Change: +83% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,120,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$2,940,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,675,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$4.15M
Range $3.74M – $4.57M · ±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
$181 / 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
$37,192
Tax year 2024
Assessed value
$3,433,320
Assessed 2024
Previous assessed
$3,433,320
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,456,560
Assessed improvement
$1,976,760
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
For Lease
Year built
1998
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
22,940 SF
Lot
2.16 ac (94,089 SF)
APN
246-120-021-000
UPID
US09-5832904
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
RETAIL STORES Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1998
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.16 ac
Current owner
From public records · entity-resolved
Burlington Coat Factory Of Texas In
Individual
Mailing address
2534 W MEMORY LN, PORTERVILLE, CA 93257-6929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 18, 2026
—
Burlington Coat Factory Of Texas In
Henderson Prospect LP
Deed
—
Nov 22, 2022
—
Henderson Prospect LP
Mounib Dakhil
Grant Deed
—
Dec 22, 2021
$3,300,000
Mounib M Dakhil
Acv Porterville LLC
Grant Deed
$1,650,000 · Suncrest Bank
Mar 3, 2017
—
Acv Porterville LLC
—
Deed
related
$1,850,000 · Western Alliance Bank
Oct 12, 2012
—
Acv Porterville LLC
Jk Porterville LLC
Grant Deed
—
Apr 2, 2007
—
Jk Porterville LLC
Wbk-porterville LLC
Grant Deed
$2,100,000 · Bank Of America NA
Sep 25, 1998
$2,750,000
Mann Trust
Grae Shannon LLC
Grant Deed
$1,950,000 · Standard Life & Accident Insur
Dec 31, 1997
$565,000
Grae Shannon LLC
Kelton Title Corp
Grant Deed
$1,836,000 · Bank One Arizona
Jan 17, 1996
$1,398,000
Kelton Title Corp
Porterville Schools Improvemen
Grant Deed
$542,000 · Seller
May 12, 1994
—
Porterville Schools Improvemen
Ranney E Draper
Grant Deed
related
—
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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