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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Super regional malls
2242 El Monte Way Dinuba, CA 93618-9384
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-5929254
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1992
Construction
WOOD
Total area
3,066 SF
Lot
0.56 ac (24,393 SF)
Zoning code
C-2
APN
018-180-027-000
UPID
US09-5929254
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$649k
Blend (final)
Blend
$505k
Owner & transaction history
Robert Preston Palmer · 6 yrs held
Robert Preston Palmer
since 2019
7 recorded transactions
Zoning & alternative use
C-2 · Dinuba, 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 Dinuba submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dinuba 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
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$165 / 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
$3,220
Tax year 2024
Assessed value
$288,122
Assessed 2024
Previous assessed
$288,122
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$125,450
Assessed improvement
$162,672
Applied tax rate
1.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
3,066 SF
Lot
0.56 ac (24,393 SF)
Zoning code
C-2
APN
018-180-027-000
UPID
US09-5929254
Jurisdiction
TULARE
Zoning & alternative use
C-2 · Dinuba, CA
Zoning C-2 · permitted uses
C-2 · Dinuba, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dinuba. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Robert Preston Palmer
Individual
Mailing address
PO BOX 30874, SANTA BARBARA, CA 93130-0874
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2019
$4,170,000
Robert Preston Palmer
Dinuba Veto LLC
Grant Deed
$3,127,500 · Community West Bank NA
Apr 12, 2013
—
Underworld Story LLC
Wells Fargo Bk NA
Grant Deed
—
May 20, 2011
$133,434
Fargo Bk NA Wells
Wt Capital Lender Svcs
Trustees Deed
related
—
Dec 27, 2007
$600,000
Kuochen Investments LLC
Hans Herrndorf
Grant Deed
$400,000 · Wells Fargo Bank NA
Dec 27, 2007
—
Kuochen Investments LLC
Herrndorf Family Trust
Grant Deed
—
May 22, 2007
—
Herrndorf Family Trust
Herrndorf Family Trust
Quit Claim Deed
related
—
Jul 2, 1992
$760,000
Herrndorf Trust
Payless,shoesour
Grant Deed
—
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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