You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings

188 Citrus Dr Farmersville, CA 93223-3052

4,113 SF 0.22 ac lot Built 1979
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-1751504
Property summary
AI-generated overview

This exceptional 4,113 square foot commercial building, situated on a 0.22-acre lot at 188 W Citrus Drive in Farmersville, CA, presents a compelling investment opportunity. The property boasts multiple income-generating units currently operating below market rents, offering significant potential for increased revenue. The building is remarkably easy to maintain, a key advantage for investors seeking a low-effort, high-return asset. A significant benefit is the relatively new roofing system, installed less than five years ago, minimizing immediate capital expenditure needs. This translates to immediate cash flow and reduced long-term maintenance costs. The property's location in Farmersville, CA, provides convenient access to local amenities and a stable tenant base. The current rental income stream provides a solid foundation for growth, while the below-market rents offer a clear path to enhance profitability. This is an ideal acquisition for investors seeking a straightforward, manageable, and financially rewarding commercial property. The property's strong fundamentals and upside potential make it a highly attractive investment opportunity in the thriving Farmersville market. Serious inquiries are encouraged to explore this promising venture.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1979
Construction WOOD
Total area 4,113 SF
Lot 0.22 ac (9,450 SF)
Zoning code R-3
APN 128-092-001-000
UPID US10-1751504
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sundust Investments LLC · 3 yrs held
Sundust Investments LLC
since 2023
Last sale
$449,000
7 recorded transactions
2023
$449,000
2022
$2.1M
2022
Price N/A
2021
Price N/A
2021
Price N/A
2021
$133,000
2021
$131,181
Zoning & alternative use
R-3 · Farmersville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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?”
You own 188 Citrus Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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