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Property profile & analytics
OFF-MARKET
Turn key restaurants
224 Kaweah Ave Exeter, CA 93221-1220
Trust Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5925586
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
TILT-UP CONCRETE
Total area
2,528 SF
Lot
0.34 ac (15,000 SF)
Zoning code
CH
APN
138-070-014-000
UPID
US09-5925586
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
-
East Meet West Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Iamlaor,r & Y 2016 Trust · 9 yrs held
Iamlaor,r & Y 2016 Trust
since 2016
5 recorded transactions
Zoning & alternative use
CH · Exeter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Highway Commercial (CH) district is to provide locations along arterial roadways to afford the traveling public the opportunity to take advantage of the provision of certain goods and services, including hotel and motel services, and the sale of food, gasoline, and commodities grown in the region. Highway commercial uses shall be developed…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
19.26 ac
Source
Exeter Zoning Ordinance all
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 Exeter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exeter 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,516
Tax year 2024
Assessed value
$405,620
Assessed 2024
Previous assessed
$405,620
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$139,390
Assessed improvement
$266,230
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
2,528 SF
Lot
0.34 ac (15,000 SF)
Zoning code
CH
APN
138-070-014-000
UPID
US09-5925586
Jurisdiction
TULARE
Zoning & alternative use
CH · Exeter, CAZoning CH · permitted uses
CH · Exeter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Highway Commercial (CH) district is to provide locations along arterial roadways to afford the traveling public the opportunity to take advantage of the provision of certain goods and services, including hotel and motel services, and the sale of food, gasoline, and commodities grown in the region. Highway commercial uses shall be developed in buildings and complexes that exhibit high standards of design, including sites that include generous amounts of landscaping, ample on-site parking, properly scaled signage and buildings that are attractive and are consistent with the scale of Exeter. C H A P T E R 30 LODGE RESTAURANT
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
19.26 ac
Source
Exeter Zoning Ordinance all
Building & site characteristics
From public records
Year built
1948
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Iamlaor,r & Y 2016 Trust
Trust
Free & Clear · 9 yrs held
Mailing address
30745 POWELL DR, EXETER, CA 93221-9684
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2016
—
Iamlaor,r & Y 2016 Trust
Iamlaor,rachen & Yaovaluck
Quit Claim Deed
related
—
Jan 25, 2005
—
Yaovaluck Iamlaor
Iamlaor,rachen
Quit Claim Deed
related
—
May 28, 2004
—
Yaovaluck Iamlaor
Iamlaor,rachen
Quit Claim Deed
related
—
May 28, 2004
$375,000
Yaovaluck Iamlaor
Rhea,talmage J & Carole D
Grant Deed
$350,000 · Talmage J & Carole D Rhea
Jun 26, 1997
—
Rhea Trust
Rhea,talmage J & Carole D
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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