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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Turn key restaurants
151 St Exeter, CA 93221-1757
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6002536
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1938
Construction
TILT-UP CONCRETE
Total area
7,474 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CC
APN
135-134-006-000
UPID
US09-6002536
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
$846k
Blend (final)
Blend
$775k
Owner & transaction history
Manuel G Souza · 4 yrs held
Manuel G Souza
since 2022
7 recorded transactions
Zoning & alternative use
CC · Exeter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
example, the zoning for an area of Exeter that is classified central commercial (CC) and contains the historic downtown, which demands unique design regulations, would read as
Zone name
Community Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
32.94 ac
Source
Exeter Zoning Ordinance all
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 Exeter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exeter 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
$775k
Range $698k – $853k · ±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
$104 / 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
$3,855
Tax year 2024
Assessed value
$346,114
Assessed 2024
Previous assessed
$346,114
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$177,169
Assessed improvement
$168,945
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1938
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,474 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CC
APN
135-134-006-000
UPID
US09-6002536
Jurisdiction
TULARE
Zoning & alternative use
CC · Exeter, CAZoning CC · permitted uses
CC · Exeter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
example, the zoning for an area of Exeter that is classified central commercial (CC) and contains the historic downtown, which demands unique design regulations, would read as
Zone name
Community Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
32.94 ac
Source
Exeter Zoning Ordinance all
Building & site characteristics
From public records
Year built
1938
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Manuel G Souza
Individual
Free & Clear · 4 yrs held
Mailing address
586 S FARMERSVILLE BLVD, FARMERSVILLE, CA 93223-2040
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2022
—
Manuel G Souza
Stacie R Souza
Intrafamily Transfer
related
—
Nov 17, 2009
—
Ball Family Trust
Mase,larry
Grant Deed
—
Nov 17, 2009
$387,000
Manuel Souza
Ball Family Trust
Grant Deed
—
Dec 31, 2001
$185,000
Ball Trust
Nieves,raymond R
Grant Deed
$250,000 · Kaweah National Bank
Dec 4, 1990
$105,000
Nieves,raymond R
Buckman,delora
Trustees Deed
$85,000 · Bank Of The Sierra
—
—
Raymond R Nieves
—
Deed Of Trust
related
$11,000 · Bank Of The Sierra
—
—
Raymond R Nieves
—
Deed Of Trust
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.
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