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Property profile & analytics
OFF-MARKET Estimated value $8,760,000
Grocery and convenience stores

2104 Riggin Ave Visalia, CA 93291-7116

7,890 SF 2.18 ac lot Built 2013
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6088622
Property summary
AI-generated overview

This exceptional Class A retail investment opportunity presents a 9,601 square foot property situated on a 2.18-acre lot in Visalia, California. The property, located at 2104 W Riggin Ave (APN 078-350-042), is zoned C-MU and features a Valero gas station, a convenience store, and a quick-service restaurant (QSR). The asking price is $12,250,000, translating to $1,275.91 per square foot. The property boasts long-term NNN leases in place with both local and nationally recognized tenants, providing a stable and substantial income stream. Recent improvements include a newly updated car wash and renewed leases with QSR tenants. The property benefits from its location in a rapidly developing area of Visalia, offering significant potential for future appreciation. This is an ideal opportunity for an owner-user seeking long-term supplemental income from existing NNN leases. Further financial details are available upon request. The property's strong tenant base, recent upgrades, and prime location make it a compelling investment prospect. This turnkey operation offers a rare chance to acquire a high-performing retail asset in a thriving market.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2013
Construction WOOD
Total area 7,890 SF
Lot 2.18 ac (94,960 SF)
Zoning code CSO
APN 078-350-042-000
UPID US09-6088622
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
  • Super Taco Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.76M
Owner & transaction history
2118 Riggin LLC · 2 yrs held
2118 Riggin LLC
since 2024
Last sale
$8.8M
3 recorded transactions
2024
$8.8M
2024
Price N/A
2013
Price N/A
Zoning & alternative use
CSO · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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