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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Retail space
1735 Walnut Ave Visalia, CA 93292-1394
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6045616
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
TILT-UP CONCRETE
Total area
17,570 SF
Lot
1.56 ac (67,953 SF)
Zoning code
CN
APN
100-410-049-000
UPID
US09-6045616
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
-
Anhtu N. Khieu, PharmD Pharmacy
-
Mayorga, Castillo & Associates Tax Preparation
-
Chinedu Akabike Pharmacy
-
Rumors Beauty Hair Salon
-
Amazon Locker - Ahva Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.50M
CAP Approach
CAP
$3.86M
Comparable Approach
Comparable
$4.18M
Blend (final)
Blend
$3.50M
Owner & transaction history
Capp,daniel L & M F Trust · 9 yrs held
Capp,daniel L & M F Trust
since 2016
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
CN · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.8M
+69.5%
Medical building
$3.8M
+34.4%
Apartment house (5+ units)
$3.5M
+23.9%
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
$3,500,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
$4,180,000
6.5%
$3,860,000
7%
$3,585,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,850,000
Current use
COMMERCIAL (GENERAL)
$4,830,000
Change: +69% · Conversion: Easy
MEDICAL BUILDING
$3,830,000
Change: +34% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,530,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$2,745,000
Change: -4% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,370,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Dec 20 2024)
Last sale anchor
$3.50M
Dec 20 2024
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
$199 / 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
$63,507
Tax year 2024
Assessed value
$5,931,158
Assessed 2024
Previous assessed
$5,931,158
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,971,966
Assessed improvement
$3,959,192
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
17,570 SF
Lot
1.56 ac (67,953 SF)
Zoning code
CN
APN
100-410-049-000
UPID
US09-6045616
Jurisdiction
TULARE
Zoning & alternative use
CN · Visalia, CA
Zoning CN · permitted uses
CN · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
OFFICE BUILDING
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2006
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.56 ac
Current owner
From public records · entity-resolved
Capp,daniel L & M F Trust
Trust
Mailing address
883 MEADOWRIDGE DR, FAIRFIELD, CA 94534-6623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2016
$8,000,000
Capp,daniel L & M F Trust
Wohl James P Trust
Grant Deed
$3,995,000 · Bank Of The Sierra
May 6, 2014
—
Wohl,james P Trust
Aks Ents INC
Grant Deed
$4,200,000 · Bank Of The Sierra
Apr 7, 2006
—
Aks Ents INC
Walnut & Ben Maddox Assocs LLC
Deed Of Trust
related
$4,378,000 · Wells Fargo Bank
—
—
Wohl,james P Trust
—
Deed Of Trust
related
$300,000 · Bank Of The Sierra
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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