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Property profile & analytics
FOR SALE
Industrial properties
163 S Spruce St, Tulare, CA 93274
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5859843
For Sale
1 / 2
Contact for pricing
163 S Spruce St, Tulare, CA 93274
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1946
Construction
TILT-UP CONCRETE
Total area
5,600 SF
Lot
0.19 ac (8,195 SF)
Zoning code
C-4
APN
177-123-015-000
UPID
US09-5859843
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
-
Richards Towing Tulare California Auto Repair Shop
-
Richards Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jeremy Gregory · 1 yrs held
Jeremy Gregory
since 2024
7 recorded transactions
Zoning & alternative use
C-4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,969
Tax year 2024
Assessed value
$177,353
Assessed 2024
Previous assessed
$177,353
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$40,231
Assessed improvement
$137,122
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
For Sale
Year built
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Rooms
4
Bathrooms
1
Total area
5,600 SF
Lot
0.19 ac (8,195 SF)
Zoning code
C-4
APN
177-123-015-000
UPID
US09-5859843
Jurisdiction
TULARE
Zoning & alternative use
C-4 · Tulare, CA
Zoning C-4 · permitted uses
C-4 · 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
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Rooms
4
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jeremy Gregory
Individual
Free & Clear · 1 yrs held
Mailing address
14149 AVE 228TH APT C, TULARE, CA 93274-9162
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 11, 2024
—
Jeremy Gregory
Cynthia Gregory
Correction Deed
related
—
Aug 21, 2024
—
Jeremy Gregory
Cynthia Gregory
Intrafamily Transfer
related
—
Jun 11, 2014
—
Gregory,cynthiae C Trust
Gregory,cynthia C
Quit Claim Deed
related
—
Oct 23, 2013
—
Cynthia G Gregory
Gregory Colleen Trust
Quit Claim Deed
related
—
Aug 14, 2012
—
Gregory,cynthia C
Gregory,colleen
Affidavit Of Death
related
—
Jul 11, 2012
—
Richter Living Trust
Richter,paul C III & Clara
Quit Claim Deed
related
—
Oct 27, 2005
—
Gregory,colleen Trust
Gregory,colleen
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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