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Property profile & analytics
OFF-MARKET
Race tracks
25411 Rd 212 Lindsay, CA 93247-9742
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US09-5850056
Property profile
Verified
Property type
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Year built
1900
Lot
29.96 ac (1,305,057 SF)
APN
142-160-030-000
UPID
US09-5850056
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lance Johnston · 24 yrs held
Lance Johnston
since 2002
7 recorded transactions
Zoning & alternative use
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 Lindsay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lindsay 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
—
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
$4,812
Tax year 2024
Assessed value
$362,426
Assessed 2024
Previous assessed
$362,426
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$84,656
Assessed improvement
$277,770
Applied tax rate
108.0000
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
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Status
Off-Market
Year built
1900
Heating
NONE
Lot
29.96 ac (1,305,057 SF)
APN
142-160-030-000
UPID
US09-5850056
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
29.96 ac
Current owner
From public records · entity-resolved
Lance Johnston
Individual
Mailing address
25411 RD 212, LINDSAY, CA 93247-9742
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2002
$240,000
Lance Johnston
Conley,janet F
Grant Deed
$216,000 · Bank Of America
Dec 14, 1999
$177,429
Janet F Conley
Silva,israel & Bertha
Trustees Deed
—
Dec 9, 1993
$205,500
Israel Silva
Conley,evangelin
Grant Deed
$170,500 · Seller
—
—
Janet F Conley
—
Deed Of Trust
related
$40,000 · Bank Of The Sierra
—
—
Lance Johnston
—
Deed Of Trust
related
$55,000 · Bank Of America
—
—
Lance Johnston
—
Deed Of Trust
related
$34,000 · Bank Of America
—
—
Lance Johnston
—
Deed Of Trust
related
$272,000 · Bank Of America
—
—
Lance B Johnston
—
Deed Of Trust
related
$76,000 · Bank Of America
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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