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Property profile & analytics
OFF-MARKET
Estimated value
$37,155,000
Manufacturing properties
2000 Plz Dr Visalia, CA 93291-9358
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-6067889
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Total area
326,700 SF
Lot
55.21 ac (2,404,947 SF)
Zoning code
IH
APN
077-111-030-000
UPID
US09-6067889
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
-
California Dairies, Inc. - Visalia Agricultural Supply Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$49.73M
Comparable Approach
Comparable
$24.11M
Blend (final)
Blend
$37.16M
Owner & transaction history
California Dairies INC · 20 yrs held
California Dairies INC
since 2005
6 recorded transactions
Zoning & alternative use
IH · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$50.6M
+14.7%
Retail stores
$50.3M
+14.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$53,870,000
6.5%
$49,725,000
7%
$46,175,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$44,110,000
Current use
OFFICE BUILDING
$50,575,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$50,325,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$37.16M
Range $33.44M – $40.87M · ±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
$114 / 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
$2,216,897
Tax year 2024
Assessed value
$206,719,430
Assessed 2024
Previous assessed
$206,719,430
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$4,807,957
Assessed improvement
$201,911,473
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1987
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
326,700 SF
Lot
55.21 ac (2,404,947 SF)
Zoning code
IH
APN
077-111-030-000
UPID
US09-6067889
Jurisdiction
TULARE
Zoning & alternative use
IH · Visalia, CA
Zoning IH · permitted uses
IH · 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
INDUSTRIAL (GENERAL) Current
Est. value
$44.1M
OFFICE BUILDING
Est. value
$50.6M
RETAIL STORES
Est. value
$50.3M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
1987
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
55.21 ac
Current owner
From public records · entity-resolved
California Dairies INC
Entity
Mailing address
2000 N PLZ DR, VISALIA, CA 93291-9358
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2021
—
California Dairies INC
—
Deed
related
$1,000 · Cobank Acb
Aug 31, 2005
$9,000,000
California Dairies INC
Frito-lay North America INC
Grant Deed
—
Mar 23, 2000
—
Sbc Properties Ltd
—
Deed Of Trust
related
$3,705,000 · Wells Fargo Bank
May 31, 1996
—
Recot INC
August A Busch & Co Massachuse
Grant Deed
related
—
—
—
California Dairies INC
—
Loan Modification
related
—
—
—
California Dairies INC
—
Deed Of Trust
related
—
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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