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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Apartment buildings
182 Prosperity Ave Tulare, CA 93274-1954
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5806588
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1937
Construction
TILT-UP CONCRETE
Total area
6,614 SF
Lot
0.97 ac (42,223 SF)
APN
164-090-024-000
UPID
US09-5806588
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$840k
Owner & transaction history
Jimilynn Properties LLC · 3 yrs held
Jimilynn Properties LLC
since 2022
Last sale
$854,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+48.4%
Retail stores
$945,000
+4.8%
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
Method
Estimation
Statistic approach
$790,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$900,000
Current use
MEDICAL BUILDING
$1,335,000
Change: +48% · Conversion: Moderate
RETAIL STORES
$945,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: -5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$770,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $854k (Nov 21 2022)
Last sale anchor
$854k
Nov 21 2022
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
$127 / 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
$6,232
Tax year 2024
Assessed value
$561,371
Assessed 2024
Previous assessed
$561,371
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$133,978
Assessed improvement
$427,393
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1937
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
YES
Stories
1
Units
9
Total area
6,614 SF
Lot
0.97 ac (42,223 SF)
APN
164-090-024-000
UPID
US09-5806588
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$900,000
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$945,000
OFFICE BUILDING
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$770,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1937
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Units
9
Lot
0.97 ac
Current owner
From public records · entity-resolved
Jimilynn Properties LLC
Entity
Mailing address
505 E CHEVY CHASE DR, TULARE, CA 93274-1510
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
—
Jimilynn Properties LLC
Jimi John Valov
Correction Deed
related
—
Jul 1, 2022
—
Jimi Lynn Properties LP
Jimi Lynn Properties LLC
Correction Deed
related
—
Dec 28, 2020
—
Jimilynn Properties LLC
Valov Jimi J Family Trust
Correction Deed
related
—
Apr 20, 2018
—
Jimilynn Properties LP
Jimilynn Properties LLC
Quit Claim Deed
—
Nov 4, 2010
—
Valov Jimi J Family Trust
Valov,jimi J
Quit Claim Deed
related
—
Nov 30, 2005
$854,000
Jimi J Valov
Tieu,jason
Grant Deed
—
Nov 30, 2005
—
Jimi J Valov
Tieu,jason
Grant Deed
related
—
Jun 23, 2005
—
Jason H Tieu
Tieu,jason H
Quit Claim Deed
related
—
Dec 16, 2004
$675,000
Jason H Tieu
Gribaudo James J Trust
Grant Deed
$471,000 · United Commercial Bank
Aug 2, 2001
$4,500
Gribaudo Trust
Aufdermaur,steven L & Katherine L
Grant Deed
related
—
Sep 28, 1998
$83,000
Aufdermaur,stephen L & Katherine
Obrien,ronald R & Joann
Trustees Deed
$63,000 · Lopes Trust
Sep 28, 1998
—
Obrien,ronald R & Joann
American Mortgage & Loan
Trustees Deed
related
—
Oct 29, 1996
—
American Mortgage & Loan
Stone,jeffrey D & Arbradelia V
Grant Deed
related
—
—
—
Gribaudo,tr
—
Deed Of Trust
related
$88,000 · Lopes Trust
—
—
Gribaudo James J Trust
—
Deed Of Trust
related
$40,000 · Healy Clarence L Trust
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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