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Property profile & analytics
OFF-MARKET
Apartment buildings
283 Visalia Rd Farmersville, CA 93223-1629
Individually Owned
Free & Clear
Property ID
US09-5919027
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1930
Construction
WOOD
Total area
1,076 SF
Lot
1.4 ac (60,983 SF)
Zoning code
CG
APN
130-132-023-000
UPID
US09-5919027
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
SERGIO ROMERO
SERGIO ROMERO
Zoning & alternative use
CG · Farmersville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide a general commercial area for the sale of commodities or the performance of services to serve the entire community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
137.64 ac
Source
Realmo
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 Farmersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmersville 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
$1,985
Tax year 2024
Assessed value
$176,420
Assessed 2024
Previous assessed
$176,420
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$110,802
Assessed improvement
$65,618
Applied tax rate
8.0000
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
1930
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Units
5
Bathrooms
2
Total area
1,076 SF
Lot
1.4 ac (60,983 SF)
Zoning code
CG
APN
130-132-023-000
UPID
US09-5919027
Jurisdiction
TULARE
Zoning & alternative use
CG · Farmersville, CAZoning CG · permitted uses
CG · Farmersville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide a general commercial area for the sale of commodities or the performance of services to serve the entire community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
137.64 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Units
5
Bathrooms
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
SERGIO ROMERO
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 204, FARMERSVILLE, CA 93223-0204
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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