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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office buildings
1700 Walnut Ave Visalia, CA 93277-6233
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-5997096
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Lot
0.12 ac (5,200 SF)
Zoning code
PA
APN
096-292-024-000
UPID
US09-5997096
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
-
Alan Benoy Insurance Services Insurance Agency
-
Farmers Insurance - Timothy Spiotta Insurance Agency
-
Farmers Insurance: Troy Korsgaden Insurance Agency
-
Transwest Capital Bank Credit Union
-
Andreini & Co Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
1700 W Walnut Ave LLC · 1 yrs held
1700 W Walnut Ave LLC
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
PA · Visalia, 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 Visalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Visalia 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
$1,760,000
ML approach
$1,510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.45M (Mar 17 2025)
Last sale anchor
$1.45M
Mar 17 2025
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
—
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
$10,588
Tax year 2024
Assessed value
$987,793
Assessed 2024
Previous assessed
$987,793
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$452,861
Assessed improvement
$534,932
Applied tax rate
6.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.12 ac (5,200 SF)
Zoning code
PA
APN
096-292-024-000
UPID
US09-5997096
Jurisdiction
TULARE
Zoning & alternative use
PA · Visalia, CA
Zoning PA · permitted uses
PA · Visalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Visalia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
1700 W Walnut Ave LLC
Entity
Mailing address
1700 W WALNUT AVEA, VISALIA, CA 93277-6233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
$1,450,000
1700 W Walnut Ave LLC
Troy Lee Korsgaden
Grant Deed
$1,450,000 · Bank Of America NA
Aug 31, 2018
—
Korsgade2005 Separate Prop Trust
—
Deed
related
—
Sep 8, 2017
—
Property Troy L K S Trust
Korsgaden,troy
Quit Claim Deed
related
—
Feb 22, 2016
—
Troy Korsgaden
Korsgaden,janette
Quit Claim Deed
—
May 24, 2004
—
Korwood Enterprises
Inslaw Properties
Quit Claim Deed
related
—
Sep 7, 2001
—
Korwood Enterprises
Big Flay Properties
Quit Claim Deed
related
$620,000 · Bank Of The Sierra
May 15, 1995
$275,000
Play Properties Big
Central Park Professional Cent
Grant Deed
$650,000 · Bank Of The Sierra
—
—
Korwood Ents
—
Deed Of Trust
related
$200,000 · Bank Of The Sierra
—
—
Korsgade2005 Separate Prop Trust
—
Loan Modification
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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