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Property profile & analytics
OFF-MARKET
Estimated value
$495,000
Apartment buildings
248 Valencia Blvd Woodlake, CA 93286-1448
Entity Owned
31-yr Hold
Free & Clear
Property ID
US09-6025511
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1997
Construction
WOOD
Total area
35,581 SF
Lot
0.32 ac (14,000 SF)
Zoning code
C-2
APN
061-140-047-000
UPID
US09-6025511
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
-
Valencia House Senior Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.55M
Comparable Approach
Comparable
$3.82M
Blend (final)
Blend
$495k
Owner & transaction history
Woodlake Valencia Partners · 31 yrs held
Woodlake Valencia Partners
since 1994
3 recorded transactions
Zoning & alternative use
C-2 · Woodlake, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
1. The Zoning Ord
Top alternative use upside
Office building
$5.0M
+3.0%
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 Woodlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodlake 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%
$4,925,000
6.5%
$4,545,000
7%
$4,220,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,840,000
Current use
OFFICE BUILDING
$4,980,000
Change: +3% · Conversion: Moderate
RETAIL STORES
$4,520,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,150,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$495k
Range $446k – $545k · ±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
$14 / 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
$4,472
Tax year 2024
Assessed value
$2,510,516
Assessed 2024
Previous assessed
$2,510,516
+0.0% YoY
Effective rate
0.18%
On assessed value
Assessed land
$115,278
Assessed improvement
$2,395,238
Applied tax rate
7.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
2
Units
46
Bathrooms
46
Total area
35,581 SF
Lot
0.32 ac (14,000 SF)
Zoning code
C-2
APN
061-140-047-000
UPID
US09-6025511
Jurisdiction
TULARE
Zoning & alternative use
C-2 · Woodlake, CAZoning C-2 · permitted uses
C-2 · Woodlake, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
1. The Zoning Ord
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.8M
OFFICE BUILDING
Est. value
$5.0M
RETAIL STORES
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1997
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Units
46
Bathrooms
46
Lot
0.32 ac
Current owner
From public records · entity-resolved
Woodlake Valencia Partners
Entity
Free & Clear · 31 yrs held
Mailing address
1219 N PLZ DR, VISALIA, CA 93291-8837
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 1995
—
Woodlake Valencia Partners
—
Grant Deed
related
$1,847,921 · Wells Fargo Bank
Nov 21, 1994
$70,000
Woodlake Valencia Partners
Norcross,diane H
Grant Deed
—
—
—
Woodlake Valencia Partners
—
Deed Of Trust
related
$952,000 · Woodlake City (ca)
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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