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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Super regional malls
254 Cross Ave Tulare, CA 93274-2842
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-5865965
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1987
Construction
TILT-UP CONCRETE
Total area
12,244 SF
Lot
0.46 ac (19,988 SF)
Zoning code
C-4
APN
170-303-019-000
UPID
US09-5865965
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
-
Kimmy's Nail & Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
Octapharma Plasma INC · 3 yrs held
Octapharma Plasma INC
since 2023
7 recorded transactions
Zoning & alternative use
C-4 · Tulare, 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 Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$148 / 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
$12,212
Tax year 2024
Assessed value
$1,100,000
Assessed 2024
Previous assessed
$1,100,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$150,000
Assessed improvement
$950,000
Applied tax rate
5.0000
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
1987
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Units
5
Bathrooms
8
Total area
12,244 SF
Lot
0.46 ac (19,988 SF)
Zoning code
C-4
APN
170-303-019-000
UPID
US09-5865965
Jurisdiction
TULARE
Zoning & alternative use
C-4 · Tulare, CA
Zoning C-4 · permitted uses
C-4 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
5
Bathrooms
8
Lot
0.46 ac
Current owner
From public records · entity-resolved
Octapharma Plasma INC
Entity
Mailing address
10644 PO BOX 3007TH DR, BEVERLY HILLS, CA 90212-0007
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2024
—
Nomoto Investments LLC
—
Deed
related
$9,800,000 · Preferred Bank
Feb 28, 2023
—
Octapharma Plasma INC
Nomoto Investments LLC
Lease
—
May 24, 2022
—
Nomoto Investments LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
May 11, 2018
—
Nomoto Investments LLC
—
Grant Deed
related
$1,745,313 · Cathay Bk
Nov 1, 2017
—
Nomoto Investments LLC
—
Grant Deed
related
$1,600,000 · Omidvar Family Trust
Mar 17, 2017
—
Nomoto Investments LLC
—
Grant Deed
related
$8,300,000 · Keb Hana La Fin'l Corp
Dec 31, 2014
—
Nomoto Investments LLC
—
Grant Deed
related
$8,000,000 · Rudy Kimberly A Trust (pt)
Mar 20, 2013
—
Nomoto Investments LLC
—
Deed Of Trust
related
$7,250,000 · Rabobank
May 15, 2008
—
Nomoto Invs LLC
Owner,record
Grant Deed
—
Jan 25, 2007
—
Kimco Realty Corp
Pan Pacific Retail Props INC
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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