Property profile

1500 Cherry Ct Tulare, CA 93274

OFF-MARKET
Hotels
Property ID
US09-5868935
33,080 SF 1.62 ac lot Built 2006
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2006
Construction WOOD
Total area 33,080 SF
Lot 1.62 ac (70,567 SF)
Zoning code C2
APN 166-170-017-000
UPID US09-5868935

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1500 Cherry Ct Tulare, CA 93274-2252
Tulare metro Census 2303 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.44M
Blend (final) Blend
$7.76M

Owner & transaction history

since 2022
Last sale
$8.4M
3 recorded transactions
2022
$8.4M
2022
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Tulare, CA
Top alternative use upside
Restaurant $12.5M +44.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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