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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Apartment buildings
1324 Santa Fe St Visalia, CA 93292-4932
Individually Owned
3-yr Hold
Property ID
US09-2866889
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
8,490 SF
Lot
0.48 ac (20,930 SF)
Zoning code
RM2
APN
097-241-026-000
UPID
US09-2866889
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$2.08M
Owner & transaction history
Francisco B Fagundes · 3 yrs held
Francisco B Fagundes
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
RM2 · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.4M
+99.7%
Commercial (general)
$2.3M
+36.8%
Medical building
$1.9M
+8.4%
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
$2,230,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,705,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,410,000
Change: +100% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,335,000
Change: +37% · Conversion: Moderate
MEDICAL BUILDING
$1,850,000
Change: +8% · Conversion: Moderate
RETAIL STORES
$1,375,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.08M
Range $1.87M – $2.29M · ±10% · vs last sale $2.40M (Sep 26 2022)
Last sale anchor
$2.40M
Sep 26 2022
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
$245 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$30
Tax year 2023
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
3
Stories
2
Units
6
Rooms
4
Bathrooms
1
Total area
8,490 SF
Lot
0.48 ac (20,930 SF)
Zoning code
RM2
APN
097-241-026-000
UPID
US09-2866889
Jurisdiction
TULARE
Zoning & alternative use
RM2 · Visalia, CA
Zoning RM2 · permitted uses
RM2 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1950
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Units
6
Rooms
4
Bathrooms
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Francisco B Fagundes
Individual
Mailing address
13702 AVE 18, CHOWCHILLA, CA 93610
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2022
$2,400,000
Francisco B Fagundes
Octavio Montejano JR
Grant Deed
—
Aug 18, 2022
—
Octavio Montejano
Tamron Global INC
Intrafamily Transfer
related
$392,000 · Rocket Mortgage LLC
Sep 4, 2019
—
Tormon Global INC
Tortoledo,rafael D
Grant Deed
—
Dec 14, 2017
—
Rafael D Tortoledo
De Tortoledo,olga I N
Quit Claim Deed
related
—
Dec 14, 2017
$144,000
Rafael D Tortoledo
Joint Jason A W & Sheryl
Grant Deed
—
Nov 6, 2012
$61,000
Wood J A & S L Living Trust
Bank Of Ny Mellon Trust Co NA
Grant Deed
—
Aug 9, 2012
$80,000
Protium Master Grantor Trust
Western Progressive LLC
Trustees Deed
related
—
Oct 22, 2007
—
Vameng Property Investment LLC
Vang,nengge & Maykia
Grant Deed
—
Oct 15, 2007
—
Nengge Vang
Vang,nengge
Quit Claim Deed
related
—
Jun 7, 2007
$160,000
Nengge Vang
Lehman Brothers 2006-bc2
Grant Deed
$128,000 · American Brokers Conduit
Jun 7, 2007
—
Nengge Vang
Vang,maykia
Quit Claim Deed
related
—
Apr 13, 2007
$139,400
Brothers Structured Ass Lehman
First American Loanstar Te Svc
Trustees Deed
related
—
May 12, 2006
—
Allen Nielson
Pamela Nielson
Intrafamily Transfer
related
$165,750 · Bnc Mortgage INC
Dec 20, 2002
$87,500
Allen Nielsen
Jordan,bill R
Grant Deed
$70,000 · Century 21 Mortgage
Sep 7, 2000
—
Bill R Jordan
Jordan,jolynn
Quit Claim Deed
related
—
Sep 24, 1999
$21,000
Petty Cash Properties LLC
First Christian Church Visalia
Grant Deed
$39,000 · Cain Trust
Dec 31, 1998
$42,000
First Christian Chruch Of Visa
Lewis Trust
Grant Deed
related
—
—
—
Bill R Jordan
—
Deed Of Trust
related
$59,476 · Wells Fargo Home Mortgage INC
—
—
Allen Nielsen
—
Deed Of Trust
related
$81,200 · Novastar Mortgage
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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