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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Automotive properties
208 Brg St, Visalia, CA 93291
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6056876
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1977
Construction
TILT-UP CONCRETE
Total area
13,661 SF
Lot
1.4 ac (60,983 SF)
Zoning code
CDT
APN
094-304-006-000
UPID
US09-6056876
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
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$1.69M
Owner & transaction history
Larry J Ritchie Family LP · 4 yrs held
Larry J Ritchie Family LP
since 2021
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
CDT · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.7M
+72.3%
Office building
$2.1M
+32.7%
Retail stores
$2.1M
+32.1%
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
$1,880,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,595,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,745,000
Change: +72% · Conversion: Difficult
OFFICE BUILDING
$2,115,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$2,105,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10% · vs last sale $1.60M (Dec 23 2021)
Last sale anchor
$1.60M
Dec 23 2021
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
$124 / 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
$44,410
Tax year 2024
Assessed value
$3,061,135
Assessed 2024
Previous assessed
$3,061,135
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$1,072,201
Assessed improvement
$1,988,934
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
13,661 SF
Lot
1.4 ac (60,983 SF)
Zoning code
CDT
APN
094-304-006-000
UPID
US09-6056876
Jurisdiction
TULARE
Zoning & alternative use
CDT · Visalia, CA
Zoning CDT · permitted uses
CDT · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1977
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
5
Lot
1.4 ac
Current owner
From public records · entity-resolved
Larry J Ritchie Family LP
Entity
Free & Clear · 4 yrs held
Mailing address
11878 AVE 328, VISALIA, CA 93291-9238
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
Larry J Ritchie Family LP
Larry J Ritchie
Intrafamily Transfer
related
—
Apr 17, 2020
—
Ritchie,j & K Living Trust
Jeffrey B Ritchie
Quit Claim Deed
related
—
Jan 15, 2020
—
Larry J Ritchie
Mary E Ritchie
Quit Claim Deed
related
—
Aug 30, 2011
$1,600,000
216 South Bridge Street LP
Tartaglia,stacy
Grant Deed
$1,200,000 · Stacy Tartaglia
Sep 10, 2004
—
Calvin Trust
Calvin,linda S
Quit Claim Deed
related
—
Oct 3, 2002
—
Gist,tr
Gist,tr
Quit Claim Deed
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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