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Property profile & analytics
OFF-MARKET
Estimated value
$3,025,000
Retail space
159 Polk St, Coalinga, CA 93210-2302
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-2941139
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
TILT-UP CONCRETE
Total area
17,042 SF
Lot
1.48 ac (64,468 SF)
Zoning code
C5
APN
083-080-78S
UPID
US09-2941139
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
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Fiesta Auto Insurance Insurance Agency
-
Rite Aid Photo (Bike/Boat/Book/etc) Store
-
Primo Water Refill Big Box & Wholesale Store
-
Big 5 Sporting Goods (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.39M
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$3.03M
Owner & transaction history
113 West Polk Street LP · 2 yrs held
113 West Polk Street LP
since 2023
5 recorded transactions
Zoning & alternative use
C5 · Coalinga, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+98.1%
Medical building
$3.3M
+81.2%
Office building
$2.9M
+57.4%
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 Coalinga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coalinga 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%
$3,670,000
6.5%
$3,390,000
7%
$3,145,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,835,000
Current use
RESTAURANT
$3,635,000
Change: +98% · Conversion: Easy
MEDICAL BUILDING
$3,325,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$2,885,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,500,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,815,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±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
$178 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$26,399
Tax year 2023
Assessed value
$2,132,820
Assessed 2023
Previous assessed
$2,132,820
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$572,220
Assessed improvement
$1,560,600
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
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
17,042 SF
Lot
1.48 ac (64,468 SF)
Zoning code
C5
APN
083-080-78S
UPID
US09-2941139
Jurisdiction
FRESNO
Zoning & alternative use
C5 · Coalinga, CA
Zoning C5 · permitted uses
C5 · Coalinga, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coalinga. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
1.48 ac
Current owner
From public records · entity-resolved
113 West Polk Street LP
Entity
Free & Clear · 2 yrs held
Mailing address
1999 HARRISON ST, OAKLAND, CA 94612-3520
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
—
113 West Polk Street LP
Daniel V Hoffman
Grant Deed
—
Jul 6, 2023
—
113 West Polk Street LLC
Daniel V Hoffman
Grant Deed
—
May 3, 2018
—
D H Gabrielsen
Gabrielsen Family Trust
Quit Claim Deed
related
—
Sep 13, 2000
—
Gabrielsen Trust
Western Properties INC
Grant Deed
related
—
May 29, 1987
—
Western Investment Real Estate Trust
Owner Name Unavailable
Grant 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.
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