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Property profile & analytics
FOR LEASE
Retail properties & Spaces
1466 S Blackstone St Tulare, CA 93274
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5832991
For Lease
1 / 2
$2,690,000
1466 S Blackstone St, Tulare, CA 93274
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2006
Total area
51,750 SF
Lot
5.52 ac (240,451 SF)
Zoning code
M-1
APN
182-020-044-000
UPID
US09-5832991
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
-
GA Portable Toilets Building Supply
-
MAS Auto Center Auto Repair Shop
-
ALCOLOCK Ignition Interlock Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$2.69M
Owner & transaction history
Wilbourn LLC · 6 yrs held
Wilbourn LLC
since 2020
6 recorded transactions
Zoning & alternative use
M-1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.69M
Range $2.42M – $2.96M · ±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
$52 / 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
$34,048
Tax year 2024
Assessed value
$3,066,817
Assessed 2024
Previous assessed
$3,066,817
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$326,599
Assessed improvement
$2,740,218
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
For Lease
Year built
2006
Heating
CENTRAL
Cooling
CENTRAL
Buildings
7
Stories
1
Bathrooms
5
Total area
51,750 SF
Lot
5.52 ac (240,451 SF)
Zoning code
M-1
APN
182-020-044-000
UPID
US09-5832991
Jurisdiction
TULARE
Zoning & alternative use
M-1 · Tulare, CA
Zoning M-1 · permitted uses
M-1 · 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.
Building & site characteristics
From public records
Year built
2006
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
7
Bathrooms
5
Lot
5.52 ac
Current owner
From public records · entity-resolved
Wilbourn LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1101 SECURITY CT, TULARE, CA 93274-6507
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2020
—
Wilbourn LLC
Ptshp Wilbourn
Quit Claim Deed
related
—
Sep 24, 2007
—
Ptshp Wilbourn
—
Trustees Deed
related
$1,460,000 · Citizens Business Bank
Jan 24, 2006
—
Ptshp Wilbourn
—
Trustees Deed
related
$875,000 · Citizens Business Bank
Mar 26, 2003
—
Charles C Iacono
Iacono,sandra S
Quit Claim Deed
related
—
Jan 17, 2002
—
Philip Iacono
Iacono Trust
Quit Claim Deed
related
—
Nov 6, 1996
—
Iacono Trust
Iacono,philip & Ruth
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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