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Property profile & analytics
FOR SALE
Retail space
2008 W Dorothea Ave Visalia, CA 93277
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-6068493
For Sale
1 / 4
$900,000
2008 W Dorothea Ave, Visalia, CA 93277
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
WOOD
Total area
6,129 SF
Lot
0.31 ac (13,720 SF)
Zoning code
CR
APN
122-312-021-000
UPID
US09-6068493
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$900k
Owner & transaction history
Julie Marie Beltran · 2 yrs held
Julie Marie Beltran
since 2024
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
CR · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,450,000
Current use
MEDICAL BUILDING
$1,335,000
Change: -8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,230,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (May 28 2024)
Last sale anchor
$900k
May 28 2024
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
$147 / 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
$6,445
Tax year 2024
Assessed value
$601,108
Assessed 2024
Previous assessed
$601,108
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$159,513
Assessed improvement
$441,595
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1992
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
6,129 SF
Lot
0.31 ac (13,720 SF)
Zoning code
CR
APN
122-312-021-000
UPID
US09-6068493
Jurisdiction
TULARE
Zoning & alternative use
CR · Visalia, CA
Zoning CR · permitted uses
CR · 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
RETAIL STORES Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
RETAIL STORES Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1992
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
0.31 ac
Current owner
From public records · entity-resolved
Julie Marie Beltran
Individual
Mailing address
2008 W DOROTHEA AVE, VISALIA, CA 93277-7300
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Nov 26, 2024
—
Julie Marie Beltran
—
Deed
related
$50,000 · Tangee Pinheiro
May 28, 2024
$900,000
Julie Marie Beltran
Leonel Cunha Borges
Grant Deed
$599,900 · Leonal Cunha Borges 2015 Living Tru
Oct 21, 2016
—
Borges,l C 2015 Living Trust
Borges L C 2015 Trust
Quit Claim Deed
related
$250,000 · Bank Of The West
Aug 18, 2015
—
Borges,l C 2015 Living Trust
Borges,lee
Quit Claim Deed
related
—
Jun 22, 2015
—
Borges,l C 2014 Living Trust
Borges Lee
Quit Claim Deed
related
—
—
—
Lee Borges
—
Deed Of Trust
related
$150,000 · Visalia Community 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.
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?”
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