Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16785 Monroe Rd Tulare, CA 93274
    Back to Search
    Property profile & analytics

    16785 Monroe Rd Tulare, CA 93274

    View on Map
    • Manufacturing properties
    • 4,450 SF
    For Sale
    $240,000
    View Listing →
    Prime Tulare Commercial Property For Sale
    $240,000
    4,450 SF

    Prime Tulare Commercial Property

    4,450 SF, 0.48-acre lot, $240,000

    16785 Monroe Rd, Tulare, CA 93274
    View Listing
    Property ID
    US09-5956226
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 16785 Monroe Rd

    Property size
    4,450 SF
    Property type
    Manufacturing properties

    Description

    This exceptional commercial property, located at 16785 Monroe Road in Tulare, California, 93274, presents a unique investment opportunity. The property is classified as Special Purpose, Industrial, and Land, encompassing a substantial 4,450 square feet of usable space. Its versatile nature makes it suitable for a variety of manufacturing or commercial applications. Situated in Tulare County, this location offers convenient access to key transportation routes and infrastructure, making it an ideal site for businesses requiring efficient logistics. The asking price for this significant parcel is $240,000. The property is zoned for manufacturing and commercial uses, providing flexibility for potential buyers. Given its size and location, this property represents a compelling investment opportunity in a thriving California market. Detailed zoning information and potential usage restrictions are available upon request. This is a rare opportunity to acquire a substantial land parcel in a desirable location, ready for immediate development or expansion. The property's address is precisely 16785 Monroe Road, Tulare, CA 93274, with GPS coordinates of 36.0944289 latitude and -119.2028587 longitude. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tulare
    County
    Tulare
    State
    California
    Longitude
    -119.2028587
    Latitude
    36.0944289

    Comparable in this City

    • Contact for pricing
      26,000 SF

      Food Processing Plant For Sale

      26,000 SF food processing plant with extensive infrastructure.
      4002 South K St, Tulare, CA 93274
      View Details
    • $250,000

      Special Purpose Property For Sale

      Special purpose commercial property available for purchase.
      402 S Burnett Rd, Tipton, CA 93274
      View Details
    • Contact for pricing
      6,102 SF

      Chili's Restaurant NNN Ground Lease

      Chili's NNN ground lease with 11 years remaining.
      1292 East Prosperity Ave, Tulare, CA 93274
      View Details
    • New
      $575,000
      2,800 SF

      Tulare Church with Parsonage

      Church, parsonage, and parking lot for sale in Tulare.
      947 W Kern Ave, Tulare, CA 93274
      View Details
    • Contact for pricing
      14,490 SF

      Single-Tenant Retail Investment Opportunity

      Retail property leased to State Foods Supermarkets with long-term stability.
      49 W Tulare Ave, Tulare, CA 93274
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      26,000 SF

      Food Processing Plant For Sale

      26,000 SF food processing plant with extensive infrastructure.
      4002 South K St, Tulare, CA 93274
      View Details
    • $250,000

      Special Purpose Property For Sale

      Special purpose commercial property available for purchase.
      402 S Burnett Rd, Tipton, CA 93274
      View Details
    • Contact for pricing
      6,102 SF

      Chili's Restaurant NNN Ground Lease

      Chili's NNN ground lease with 11 years remaining.
      1292 East Prosperity Ave, Tulare, CA 93274
      View Details
    • New
      $575,000
      2,800 SF

      Tulare Church with Parsonage

      Church, parsonage, and parking lot for sale in Tulare.
      947 W Kern Ave, Tulare, CA 93274
      View Details
    • Contact for pricing
      14,490 SF

      Single-Tenant Retail Investment Opportunity

      Retail property leased to State Foods Supermarkets with long-term stability.
      49 W Tulare Ave, Tulare, CA 93274
      View Details
    • $399,000
      5,075 SF

      Tulare Commercial Building For Sale

      Freestanding commercial building with retail and warehouse space in Tulare.
      460 S K St, Tulare, CA 93274
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,296 SF

      New Industrial Service and Storage

      Brand new 11,296 SF industrial building for lease.
      725 Industrial Ave, Tulare, CA 93274
      View Details
    • $0.85 SF/Yr
      1,250 SF

      Tulare Warehouse Space Available

      1,250 sq ft warehouse space for rent near 99FWY.
      1147 S Blackstone St, Tulare, CA 93274
      View Details
    • Contact for pricing
      10,775 SF

      Industrial Warehouse with Fenced Yard

      South Tulare warehouse with truck well and fenced yard.
      863 E Levin Ave, Tulare, CA 93274
      View Details
    • Contact for pricing
      541,703 SF

      Tulare Warehouse Space Available

      Large industrial space in master-planned business park for lease.
      182 E Wade Ave, Tulare, CA 93274
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Building with Fenced Area

      Service commercial building with office and fenced area for rent.
      6200 Hosfield Dr, Tulare, CA 93274
      View Details
    • Contact for pricing
      917,000 SF

      Industrial Building with Extensive Parking

      Large industrial building with ample loading docks and trailer parking.
      2918 S Pratt St, Tulare, CA 93274
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16785 Monroe Rd
    Tulare, CA 93274
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16785 Monroe Rd, Tulare, CA, 93274
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!