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    Property profile & analytics

    240 Richgrove Dr Richgrove, CA 93261

    • Turn key restaurants
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 09, 2024
    Location Intelligence
    Property ID
    US09-5938930
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 240 Richgrove Dr

    Lot size
    0.18 lot acres
    Property type
    Turn key restaurants
    APN
    340-054-018-000
    APU
    340054018000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richgrove
    County
    Tulare
    State
    California
    Longitude
    -119.111
    Latitude
    35.7949
    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
    $390
    $5,999
    $21,494
    $27,493
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $380,000
      800 SF

      Richgrove, CA 93261

      RESTAURANT • 800 SF
      Richgrove, CA 93261
      View Details
    • Value Estimation
      $225,000
      736 SF

      Richgrove, CA 93261

      RESTAURANT • 736 SF
      Richgrove, CA 93261
      View Details
    • Value Estimation
      $230,000
      1,818 SF

      404 Richgrove Dr

      VEHICLE SALES, RENTALS • 1,818 SF
      404 Richgrove Dr, Richgrove, CA 93261
      View Details
    • Value Estimation
      $295,000
      0.20 Acres

      Richgrove, CA 93261

      RETAIL STORES (PERSONAL SERVICES) • 0.20 Acres
      Richgrove, CA 93261
      View Details
    • Value Estimation
      $350,000
      1,855 SF

      20819 Francis Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,855 SF
      20819 Francis Dr, Richgrove, CA 93261
      View Details
    • Value Estimation by Request
      0.18 Acres

      250 Richgrove Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 0.18 Acres
      250 Richgrove Dr, Richgrove, CA 93261
      View Details
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    240 Richgrove Dr
    Richgrove, CA 93261
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    Realmo Value Estimation

    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.

    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.

    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
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