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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Office buildings
14985 Ave 296 Visalia, CA 93292-9640
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-5901491
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1967
Construction
WOOD
Total area
2,880 SF
Lot
1.25 ac (54,450 SF)
Zoning code
AE20
APN
101-080-009-000
UPID
US09-5901491
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
-
Five Star Tires & Wheels (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Michael D Mcclure · 1 yrs held
Michael D Mcclure
since 2025
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
AE20 · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+156.8%
Commercial (general)
$790,000
+75.9%
Medical building
$630,000
+39.4%
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
$910,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$450,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,155,000
Change: +157% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: +76% · Conversion: Easy
MEDICAL BUILDING
$630,000
Change: +39% · Conversion: Easy
RETAIL STORES
$465,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $750k (Apr 22 2025)
Last sale anchor
$750k
Apr 22 2025
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
$259 / 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
$2,630
Tax year 2024
Assessed value
$236,709
Assessed 2024
Previous assessed
$236,709
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$121,428
Assessed improvement
$115,281
Applied tax rate
153.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1967
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Bathrooms
3
Total area
2,880 SF
Lot
1.25 ac (54,450 SF)
Zoning code
AE20
APN
101-080-009-000
UPID
US09-5901491
Jurisdiction
TULARE
Zoning & alternative use
AE20 · Visalia, CA
Zoning AE20 · permitted uses
AE20 · 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
OFFICE BUILDING Current
Est. value
$450,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$790,000
MEDICAL BUILDING
Est. value
$630,000
RETAIL STORES
Est. value
$465,000
OFFICE BUILDING 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
1967
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
3
Lot
1.25 ac
Current owner
From public records · entity-resolved
Michael D Mcclure
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 2310, AVILA BEACH, CA 93424-2310
Ownership since
2025
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
Apr 22, 2025
—
Michael D Mcclure
Michael D Mcclure
Deed
related
—
Apr 22, 2025
$750,000
Arturo Perez Figueroa
Michael D Mcclure
Grant Deed
$690,000 · Michael 2021
Jan 8, 2004
$125,000
Raul Santellan
Mcclure,michael D & Peggy D
Grant Deed
—
—
—
Michael D Mcclure
—
Deed Of Trust
related
$144,000 · Wells Fargo Bank
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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