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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Retail space
144 K St Tulare, CA 93274-4004
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6107448
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Construction
TILT-UP CONCRETE
Total area
7,500 SF
Lot
0.17 ac (7,510 SF)
Zoning code
C3
APN
176-092-009-000
UPID
US09-6107448
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
-
Rancho Brazil Venue Hotel & Motel Resort
-
Rancho Brazil Steakhouse & Venue Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$937k
Blend (final)
Blend
$875k
Owner & transaction history
Sporos Enterprises LLC · 4 yrs held
Sporos Enterprises LLC
since 2022
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
C3 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare 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
$830,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,070,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,020,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: -10% · Conversion: Easy
AUTO REPAIR, GARAGE
$875,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $900k (Feb 1 2022)
Last sale anchor
$900k
Feb 1 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
$117 / 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
$7,029
Tax year 2024
Assessed value
$633,180
Assessed 2024
Previous assessed
$633,180
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$78,030
Assessed improvement
$555,150
Applied tax rate
5.0000
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
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Stories
1
Units
1
Bathrooms
2
Total area
7,500 SF
Lot
0.17 ac (7,510 SF)
Zoning code
C3
APN
176-092-009-000
UPID
US09-6107448
Jurisdiction
TULARE
Zoning & alternative use
C3 · Tulare, CA
Zoning C3 · permitted uses
C3 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$875,000
RETAIL STORES Current
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
1922
Construction
TILT-UP CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Sporos Enterprises LLC
Entity
Mailing address
1750 RIESLING ST, TULARE, CA 93274-0820
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
$900,000
Sporos Enterprises LLC
Duc Thu Nguyen
Grant Deed
$1,300,000 · Mitri Chen Family Trust
Aug 3, 2012
$195,000
Duc T Nguyen
Kleinsasser Trust
Grant Deed
$45,000 · Kleinsasser Trust
Apr 14, 2006
—
Kleinsasser Trust
Kleinsasser,jack D & Joan S
Quit Claim Deed
related
—
Jun 21, 2002
$75,000
Jack D Kleinsasser
Bolinger Trust
Grant Deed
$75,000 · Bolinger Trust
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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