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Property profile & analytics
OFF-MARKET Estimated value $675,000
Apartment buildings

235 Tulare Ave Shafter, CA 93263-1757

43,308 SF 2.08 ac lot Built 1980
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US09-3157475
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1980
Construction WOOD
Total area 43,308 SF
Lot 2.08 ac (90,604 SF)
Zoning code R-3
APN 026-440-07-00-7
UPID US09-3157475
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
$4.69M
Blend (final) Blend
$675k
Owner & transaction history
Geahi Tulare Arms LP · 11 yrs held
Geahi Tulare Arms LP
since 2015
5 recorded transactions
2016
Price N/A
2016
Price N/A
2015
$246,500
1977
Price N/A
1969
Price N/A
Zoning & alternative use
R-3 · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Medium High Residential (R-3) District General Commercial (GC) District Neighborhood Commercial (NC) District Downtown Commercial (DC) District Business Park (BP) District Industrial (I) District Agricultural (A) District 2. Determination of Zone District Boundaries a. Wherever a lot or site is divided by a boundary between differing districts, the regulatio…

Zone name Medium High Density Residential
General category RESIDENTIAL
Zone area 41.91 ac
Source Zoning Ordinance
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