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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Automotive properties
1950 Blackstone St Tulare, CA 93274-6906
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5729573
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1996
Construction
WOOD
Total area
14,967 SF
Lot
4.11 ac (179,031 SF)
Zoning code
M-4
APN
182-050-046-000
UPID
US09-5729573
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
-
Krone America Sales & Service Center Big Box & Wholesale Store Agricultural Supply
-
Krone America Sales & Service Centers Big Box & Wholesale Store Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.17M
Owner & transaction history
Presidio Jjr Summerlin 123 LLC · 4 yrs held
Presidio Jjr Summerlin 123 LLC
since 2021
7 recorded transactions
Zoning & alternative use
M-4 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+10.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,745,000
Current use
OFFICE BUILDING
$1,930,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10%
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
$78 / 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
$15,391
Tax year 2024
Assessed value
$1,386,334
Assessed 2024
Previous assessed
$1,386,334
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$504,972
Assessed improvement
$881,362
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,967 SF
Lot
4.11 ac (179,031 SF)
Zoning code
M-4
APN
182-050-046-000
UPID
US09-5729573
Jurisdiction
TULARE
Zoning & alternative use
M-4 · Tulare, CA
Zoning M-4 · permitted uses
M-4 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
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
1996
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Lot
4.11 ac
Current owner
From public records · entity-resolved
Presidio Jjr Summerlin 123 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1804 S SHENANDOAH ST, VISALIA, CA 93277-9283
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2021
—
Presidio Jjr Summerlin 123 LLC
Steven Cecil Hash
Grant Deed
—
Sep 11, 2020
$430,000
Vander Weerd Investments
Const Vander Weerd
Grant Deed
—
Oct 3, 2012
$472,500
Investments Vander Weerd
Vander Weerd General Const
Grant Deed
related
—
Mar 23, 2012
$1,250,000
Investments Vander Weerd
Westamerica Bk
Grant Deed
—
Sep 8, 2011
$1,223,183
Westamerica Bk
Wt Capital Lender Svcs
Trustees Deed
related
—
Aug 4, 2009
—
Ross,brian J & C Living Trust
Ross,brian J & Candyce
Quit Claim Deed
related
—
—
—
Brian J Ross
—
Deed Of Trust
related
$1,180,000 · Westamerica Bank
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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