Property profile

2812 S Shirk Rd Visalia, CA 93277

FOR SALE
Residential land & home lots
Property ID
US10-1760532
2,994,750 SF
Entity Owned 9-yr Hold
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Property summary

AI-generated overview

Prime residential development land totaling ±68.75 Acres ( ±2,994,750 SF) adjacent to the exclusive Oak Meadow housing Development. While the land is a blank and clean canvas for flexible concepts, studies have shown ample room for 345+ SFR homes with lot sizes of 5,000 - 6,000 SF (50' or wider). Site is also ideal for higher end semi-custom homes, mixed use development with apartments/condos, or various variations of single family residences. The property is level, and has already had some development work done on the property several years ago. Road ways leading to the property from neighboring developments are in place and all utilities nearby. 15" sewer main is located on the west side and the nearest water mains to serve the proposed project are a 14-inch main located on W Whitendale Avenue and a 8-inch main located on S Shirk Avenue.

Property profile

Verified
Property type Residential land & home lots
Total area 2,994,750 SF
UPID US10-1760532

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Processing Plant Feed Store

Location

2812 S Shirk Rd Visalia, CA 93277
Visalia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2016
2 recorded transactions
2016
$2.7M
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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