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    Property profile & analytics

    198 Cherry Ave Porterville, CA 93257-3506

    • Medical offices
    • 3,470 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US09-5887584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Valley Ear Nose And Allergy Group / Otolaryngologist
    • Espinosa Andrea MD / Family Practice Physician
    • Dale J Md Cox / Otolaryngologist
    • Maryann Pagulayan-Sy / Internist
    • Dale Jackson Cox / Otolaryngologist

    Property Details for 198 Cherry Ave

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Property size
    3,470 SF
    Zone code
    R4
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    252-192-001-000
    APU
    252192001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $465,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $460,000
      Mixed-Use
      $425,000
      Hospitality
      $395,000
      Educational
      $470,000
      Residential Income
      $470,000
      Energy
      $460,000
      Income-Based Land
      $430,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.021
    Latitude
    36.0693
    CBSA code
    47300
    CBSA name
    VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,329
    $113,883
    $470,331
    $584,214
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

      Porterville, CA 93257

      MEDICAL BUILDING • 0.21 Acres
      Porterville, CA 93257
      View Details
    • Value Estimation by Request
      15,748 SF

      65 Hockett St

      MEDICAL BUILDING • 15,748 SF
      65 Hockett St, Porterville, CA 93257
      View Details
    • Value Estimation
      $165,000
      1,284 SF

      332 Villa St

      MEDICAL BUILDING • 1,284 SF
      332 Villa St, Porterville, CA 93257-3211
      View Details
    • Value Estimation
      $180,000
      1,894 SF

      309 D St

      MEDICAL BUILDING • 1,894 SF
      309 D St, Porterville, CA 93257-3664
      View Details
    • Value Estimation by Request
      2,838 SF

      298 Main St

      MEDICAL BUILDING • 2,838 SF
      298 Main St, Porterville, CA 93257-3729
      View Details
    • Value Estimation
      $340,000
      0.05 Acres

      841 Morton Ave

      MEDICAL BUILDING • 0.05 Acres
      841 Morton Ave, Porterville, CA 93257-3184
      View Details

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    Similar Nearby for Lease

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      Renovated Retail/Office Space Available

      Retail/office space in a recently renovated, high-traffic commercial center.
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      Prime Porterville Office Suites

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      Porterville Retail Space Available

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    • $1.75 SF/Yr
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      Downtown Porterville Office Space Available

      Move-in ready office space with on-site parking in downtown.
      245 W Cherry Ave, Porterville, CA 93257
      View Details
    • $2.00 SF/Yr
      1,200 SF

      Turn Key Medical Office Space

      Move-in ready medical office space in a well-known freestanding building.
      567 W Putnam Ave, Porterville, CA 93257
      View Details
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    198 Cherry Ave
    Porterville, CA 93257-3506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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