Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    217 Terra Bella Ave Pixley, CA 93256-9631
    Back to Search
    Property profile & analytics

    217 Terra Bella Ave, Pixley, CA 93256-9631

    View on Map
    • Manufacturing properties
    • 8,538 SF
    • 13.67 lot acres
    Off-Market
    Last Sale Nov 12, 2020
    Property ID
    US09-5895464
    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.
    Value Estimations
    $710,000
    Show details
    Cap Rate Potential
    6.9%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Cliff Terrel Trucking / Trucking Company
    • Ct Commodities, Inc / Freight Service / Logistics Company

    Property Details for 217 Terra Bella Ave

    Year built
    1962
    Construction
    STEEL FRAME
    Lot size
    13.67 lot acres
    Zone code
    M2
    Property type
    Manufacturing properties
    APN
    314-250-002-000
    APU
    314250002000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 15, 2025 — Randal Lee Terrel — Deed · related $1.5M · Home Office Consulting
    May 23, 2024 — Randal Lee Terrel — Deed · related $1.8M · Wbl California LLC
    May 1, 2024 — Randal Lee Terrel Revocable Living — Deed · related $1.8M · Wbl California LLC
    Jul 26, 2021 — Randal Lee Terrel — Deed · related $757k · Farm Credit West Flca
    Oct 1, 2018 — Pixley Properties LP — Deed · related $250k · Vip Td
    May 15, 2017 — Pixley Properties LP Terrel C & A Living Trust Quitclaim Deed —
    Mar 26, 2013 — Terrel C & A Living Trust Terrel,clifford & Arvella Quit Claim Deed · related —
    Apr 28, 2006 $875,000 Clifford Terrel Koster Family Trust Grant Deed $613k · Bank Of The Sierra
    Nov 6, 2002 — Koster,tr Koster,john P & Kathleen A Quit Claim Deed · related —
    Jun 7, 2000 $225,000 John P Koster Anderson Clayton Corp Grant Deed $169k · Bank Of America
    Nov 3, 1998 — Anderson Clayton Corp Anderson Clayton Corp Quit Claim Deed · related —
    — — Pixley Properties LP — Deed Of Trust · related $250k · Vip Td

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $725,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $830,000
      6.5%
      $765,000
      7%
      $710,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $640,000
      Market price range: $166k - $640k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $915,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,160,000
      Change: +27% Conversion: Difficult
      RETAIL STORES
      $1,085,000
      Change: +19% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pixley
    County
    Tulare
    State
    California
    Longitude
    -119.294
    Latitude
    35.9621
    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
    $29,367
    $1,895,847
    $702,964
    $2,598,811
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      638 SF

      217 Terra Bella Ave

      HEAVY MANUFACTURING
      217 Terra Bella Ave, Pixley, CA 93256-9631
      View Details
    • Value Estimation
      $1,580,000
      16,000 SF

      464 Oaks Ave

      MANUFACTURING (LIGHT)
      464 Oaks Ave, Pixley, CA 93256
      View Details
    • Value Estimation by Request
      1,920 SF

      13036 Ave 76

      MANUFACTURING (LIGHT)
      13036 Ave 76, Pixley, CA 93256-9458
      View Details
    • Value Estimation
      $1,480,000
      18,800 SF

      1503 Orrland Ave

      MANUFACTURING (LIGHT)
      1503 Orrland Ave, Pixley, CA 93256-9633
      View Details
    • Value Estimation by Request
      3,794 SF

      7808 Rd 130

      MANUFACTURING (LIGHT)
      7808 Rd 130, Pixley, CA 93256
      View Details
    • Value Estimation
      $1,400,000
      19,807 SF

      11704 Rd 120

      HEAVY MANUFACTURING
      11704 Rd 120, Pixley, CA 93256-9596
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Highway 99 Commercial/Industrial Property

      4.19 acre commercial/industrial property with multiple buildings.
      11850 Hwy 99, Pixley, CA 93256
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale in Pixley, California.
      Almond Tree Rnch, Pixley, CA 93256
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale in Pixley, California.
      Almond Tree Rnch, Pixley, CA 93256
      View Details
    • $1,395,000

      Prime Agricultural Land in Pixley

      43.37 acres of contiguous agricultural land in Tulare County.
      27726 N Palm St, Pixley, CA 93256
      View Details
    • Contact for pricing

      Productive Almond Orchard in Pixley

      148.5 acre almond orchard with irrigation system.
      14641 Avenue 84, Pixley, CA 93256
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    217 Terra Bella Ave
    Pixley, CA 93256-9631
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    217 Terra Bella Ave, Pixley, CA, 93256
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!