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Property profile & analytics
FOR SALE
Retail space
2240 S Mooney Blvd Visalia, CA 93277
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5990140
For Sale
1 / 3
Contact for pricing
2240 S Mooney Blvd, Visalia, CA 93277
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Property summary
AI-generated overview
This exceptional 17,000-square-foot retail property is located at 2240 S. Mooney Blvd., Visalia, CA 93277, in Tulare County (APN 122-030-020-000). Zoned CR, this single-tenant space boasts a highly visible frontage on Mooney Boulevard, directly across from the Visalia Mall, ensuring maximum exposure to a substantial customer base. The property's strategic location guarantees high traffic volume, making it ideal for businesses seeking optimal visibility and accessibility. The building's substantial size offers flexibility, with the possibility of subdividing the space to accommodate multiple tenants, if desired. This presents a unique opportunity for businesses seeking a prominent presence in a thriving retail corridor. The property's prime location and adaptable layout make it an attractive investment for a variety of retail ventures. This is a rare opportunity to secure a highly desirable retail space in a bustling Visalia commercial area. Further details are available upon request.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
TILT-UP CONCRETE
Total area
17,228 SF
Lot
1.15 ac (50,093 SF)
Zoning code
CR
APN
122-030-020-000
UPID
US09-5990140
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
-
Goodwill Industries of San Joaquin Valley, Inc. Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Investments I Ouzounian · 17 yrs held
Investments I Ouzounian
since 2008
7 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,465,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10%
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
$125 / 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
$20,298
Tax year 2024
Assessed value
$1,893,972
Assessed 2024
Previous assessed
$1,893,972
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,048,184
Assessed improvement
$845,788
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
1958
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Bathrooms
4
Total area
17,228 SF
Lot
1.15 ac (50,093 SF)
Zoning code
CR
APN
122-030-020-000
UPID
US09-5990140
Jurisdiction
TULARE
Zoning & alternative use
CR · Visalia, CAZoning CR · permitted uses
CR · Visalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
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
1958
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
4
Lot
1.15 ac
Current owner
From public records · entity-resolved
Investments I Ouzounian
Entity
Mailing address
525 W MAIN STB, VISALIA, CA 93291-6116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2024
—
Ouzounian Investments I
—
Deed
related
$1,600,000 · Valley Strong Cu
Nov 6, 2008
—
Investments I Ouzounian
Ouzounian Investments II
Quit Claim Deed
—
Mar 17, 2003
—
Ouzounian Group LP
—
Deed Of Trust
related
$1,600,000 · Gold Country Bank NA
Apr 27, 2000
—
Ouzounian Group LP
Ouzounian Group LP
Quit Claim Deed
related
$750,000 · Owens Financial Group INC
Jan 31, 1997
—
Ouzounian Investments II
Ouzounian Trust
Quit Claim Deed
related
—
—
—
Ouzounian Trust
—
Deed Of Trust
related
$400,000 · Mineral King National Bank
—
—
Investments 1 Ouzounian
—
Deed Of Trust
related
$547,500 · Bank Of Visalia
—
—
Investments I Ouzounian
—
Deed Of Trust
related
$1,150,000 · Ouzounian Investments II
—
—
Ouzounian Trust
—
Deed Of Trust
related
$80,000 · Mineral King National 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.
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