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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Assisted living facilities
2950 Douglas Ave, Visalia, CA 93292-4008
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6072699
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2000
Construction
WOOD
Total area
13,780 SF
Lot
1.26 ac (54,885 SF)
Zoning code
RM2
APN
103-290-030-000
UPID
US09-6072699
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
-
Village at Mill Creek (formerly Magnolia Park Assisted Living) Geriatric Care Provider Nursing Home
-
Magnolia In-Home Care Services Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.12M
Owner & transaction history
Ablp Properties Visalia LLC · 6 yrs held
Ablp Properties Visalia LLC
since 2019
7 recorded transactions
Zoning & alternative use
RM2 · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+61.9%
Office building
$1.6M
+59.2%
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 Visalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Visalia 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
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,010,000
Current use
MEDICAL BUILDING
$1,630,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$1,605,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$965,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±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
$81 / 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
$41,575
Tax year 2024
Assessed value
$3,881,926
Assessed 2024
Previous assessed
$3,881,926
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$321,660
Assessed improvement
$3,560,266
Applied tax rate
6.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
25
Total area
13,780 SF
Lot
1.26 ac (54,885 SF)
Zoning code
RM2
APN
103-290-030-000
UPID
US09-6072699
Jurisdiction
TULARE
Zoning & alternative use
RM2 · Visalia, CA
Zoning RM2 · permitted uses
RM2 · Visalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Visalia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$965,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
MEDICAL BUILDING
OFFICE BUILDING
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
2000
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
25
Lot
1.26 ac
Current owner
From public records · entity-resolved
Ablp Properties Visalia LLC
Entity
Mailing address
31248 OAK CRST DR STE #100, WESTLAKE VILLAGE, CA 91361-5671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2019
$1,000,000
Ablp Properties Visalia LLC
Geraci Law Firm|magnolia Group INC
Trustees Deed
related
—
Sep 28, 2018
—
Esperanza Hansen
—
Deed
related
$1,050,000 · Ted & Iris Jacobson
Jun 16, 2017
—
Magnolia Group INC
—
Loan Modification
related
$3,575,000 · Ablp Reit LLC
Jan 31, 2017
—
Magnolia Group INC
Hansen,esperanza
Quit Claim Deed
$2,300,000 · Private Individual
Aug 29, 2016
—
Esperanza Hansen
—
Deed
related
$1,050,000 · Ted & Iris Jacobson
Mar 29, 2012
—
Esperanza Hansen
Hansen,robert M & Esperanza
Quit Claim Deed
related
—
Aug 16, 2005
$3,000,000
Robert M Hansen
Reimer Raymond R & S Trust
Grant Deed
$1,513,200 · Community South Bank
Oct 2, 2003
—
Reimer,tr
Reimer,r R & Sommai
Quit Claim Deed
related
—
Sep 27, 2001
—
Sommai Reimer
—
Trustees Deed
related
$1,172,482 · Bank Of The Sierra
Jun 17, 1999
—
Raymond R Reimer
—
Grant Deed
related
$675,000 · Bank Of The Sierra
—
—
Reimer R R
—
Deed Of Trust
related
$309,000 · Certified Development Corp
—
—
Reimer R R
—
Deed Of Trust
related
$375,000 · Bank Of The Sierra
—
—
Esperanza Hansen
—
Deed Of Trust
related
$1,050,000 · Ted & Iris Jacobson
—
—
Esperanza Hansen
—
Deed Of Trust
related
$1,050,000 · Ted & Iris Jacobson
—
—
Reimer R R
—
Deed Of Trust
related
$538,000 · Certified Development Corp
—
—
Reimer R R
—
Deed Of Trust
related
$1,024,342 · Bank Of The Sierra
—
—
Reimer R R
—
Deed Of Trust
related
$79,400 · All Pacific Mortgage Corp
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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