Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    35258 Hwy 190 Springville, CA 93265

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    35258 Hwy 190 Springville, CA 93265

    View on Map
    • Turn key restaurants
    • 0.26 lot acres
    Off-Market
    Property ID
    US09-5928195
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 35258 Hwy 190

    Lot size
    0.26 lot acres
    Property type
    Turn key restaurants
    APN
    285-193-004-000
    APU
    285193004000

    Description

    This exceptional 11.211-acre commercial property, located at 35258 Highway 190 in Springville, California, presents a unique investment opportunity. The property's prime highway frontage ensures high visibility and easy accessibility, ideal for attracting a large customer base. Its location in Springville offers a picturesque setting, blending business potential with stunning scenery. The property is categorized as General Commercial and is listed at $299,900. While the square footage is not specified, the substantial acreage provides ample space for development and expansion. The existing structure includes key restaurant equipment, such as a stove and a walk-in refrigerator, providing a solid foundation for a culinary venture. This turnkey opportunity allows a seamless transition into operation, minimizing initial setup costs and maximizing potential returns. The property's combination of location, size, and existing equipment makes it an attractive proposition for entrepreneurs seeking a thriving business in a desirable location. The scenic backdrop and highway visibility offer a unique marketing advantage, attracting both local residents and tourists. This is a rare chance to establish a successful business in a beautiful and accessible setting. Serious inquiries are encouraged to explore this remarkable commercial property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Tulare
    State
    California
    Longitude
    -118.823
    Latitude
    36.1257
    CBSA code
    47300
    CBSA name
    VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,805
    $39,522
    $132,658
    $172,180
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      593 SF

      35601 Hwy 190

      RESTAURANT • 593 SF
      35601 Hwy 190, Springville, CA 93265
      View Details
    • Value Estimation by Request
      1,131 SF

      35585 Main St

      RESTAURANT • 1,131 SF
      35585 Main St, Springville, CA 93265
      View Details
    • Value Estimation by Request
      1,957 SF

      35498 Hwy 190

      RESTAURANT • 1,957 SF
      35498 Hwy 190, Springville, CA 93265-9170
      View Details
    • Value Estimation by Request
      0.14 Acres

      35684 Hwy 190

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      35684 Hwy 190, Springville, CA 93265
      View Details
    • Value Estimation by Request
      600 SF

      35569 Hwy 190

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      35569 Hwy 190, Springville, CA 93265
      View Details
    • Value Estimation by Request
      0.20 Acres

      35559 Hwy 190

      RETAIL STORES (PERSONAL SERVICES) • 0.20 Acres
      35559 Hwy 190, Springville, CA 93265
      View Details

    Similar Nearby for Sale

    • $149,000
      1.37 Acres

      Land in Montgomery Ranch Community

      1.3-acre lot with utilities and scenic views near golf.
      16295 Wrangler Dr, Springville, CA 93265
      View Details
    • $40,000
      0.48 Acres

      Sequoia Crest Vacant Land

      Vacant lot in Sequoia Crest with mountain and sequoia views.
      55058 Redwood Dr, Crest, CA 93265
      View Details
    • $30,000
      0.65 Acres

      Land in Springville, California

      Land available in upcoming mountain neighborhood of Springville, CA.
      Meadow Ln, Springville, CA 93265
      View Details
    • $59,990
      23,958.00 Acres

      Springville Land/Lot Opportunity

      Land in a serene, rural community near Sequoia National Park.
      16 River Island Dr, Springville, CA 93265
      View Details
    • $34,950
      0.77 Acres

      Land with Mountain Views

      Residential land with utilities and mountain views in Cedar Slope.
      52263 Ponderosa Dr, Springville, CA 93265
      View Details
    • $137,879
      29,888.00 Acres

      Land with Giant Sequoia Trees

      Land in Sequoia National Forest with giant sequoia trees.
      54584 Ponderosa Dr, Springville, CA 93265
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35258 Hwy 190
    Springville, CA 93265
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!