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

    373 Alta Ave Dinuba, CA 93618

    • Grocery and convenience stores
    • 2,998 SF
    • 1.09 lot acres
    OFF-MARKET
    Last Sale
    May 17, 2022
    $6,500,000
    Value Estimations
    $6,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6016502
    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.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 373 Alta Ave

    Year built
    2011
    Construction
    WOOD
    Lot size
    1.09 lot acres
    Property size
    2,998 SF
    Zone code
    C-4
    Property type
    Grocery and convenience stores
    APN
    017-280-015-000
    APU
    17280015000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,000,000
      ML approach
      $5,700,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Dinuba
    County
    Tulare
    State
    California
    Longitude
    -119.396
    Latitude
    36.5418
    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
    $79,947
    $832,320
    $6,363,290
    $7,195,610
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $420,000
      8,210 SF

      1200 Alta Ave

      CONVENIENCE STORE • 8,210 SF
      1200 Alta Ave, Dinuba, CA 93618-9401
      View Details
    • Value Estimation
      $430,000
      4,975 SF

      10392 Ave 416

      CONVENIENCE STORE • 4,975 SF
      10392 Ave 416, Dinuba, CA 93618-9340
      View Details
    • Value Estimation
      $260,000
      0.29 Acres

      180 El Monte Way

      CONVENIENCE STORE • 0.29 Acres
      180 El Monte Way, Dinuba, CA 93618-1580
      View Details
    • Value Estimation
      $1,545,000
      4,042 SF

      1405 El Monte Way

      CONVENIENCE STORE • 4,042 SF
      1405 El Monte Way, Dinuba, CA 93618-9166
      View Details
    • Value Estimation
      $360,000
      3,330 SF

      1150 El Monte Way

      CONVENIENCE STORE • 3,330 SF
      1150 El Monte Way, Dinuba, CA 93618-1729
      View Details
    • Value Estimation
      $275,000
      5,855 SF

      154 Alta Ave

      CONVENIENCE STORE • 5,855 SF
      154 Alta Ave, Dinuba, CA 93618
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,395 SF

      Dinuba Retail Storefront - 16,395 SF

      High-traffic Dinuba retail space, excellent location.
      0 Swq Alta Ave & El Monte Way, Dinuba, CA 93618
      View Details
    • $275,000
      Pending

      Commercial Property in Dinuba, CA

      Spacious commercial property with excellent visibility and parking in Dinuba.
      539 E Tulare St, Dinuba, CA 93618
      View Details
    • $595,000
      14,530 SF

      Historic Building in Downtown Dinuba

      Classic car dealership with shop space and paved parking.
      180 S K St, Dinuba, CA 93618
      View Details
    • $1,475,000
      3.13 Acres

      Dinuba Retail Land - Prime Location

      3.13 Acres, High Traffic, Retail Ready
      1500 Alta Ave, Dinuba, CA 93618
      View Details
    • $475,000

      Dinuba Commercial Land - C-3 Zoning

      1.25-Acre Parcel, High Visibility
      1841 El Monte Way, Dinuba, CA 93618
      View Details
    • $2,250,000
      12,952 SF

      Dinuba Industrial Center Investment

      High-yield industrial property in Dinuba, CA
      281 Merced St, Dinuba, CA 93618
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,008 SF

      Retail Pad in Dinuba

      Retail pad located on Walmart Supercenter property for lease.
      870 W El Monte Way, Dinuba, CA 93618
      View Details
    • $1.50 SF/Yr
      1,000 SF

      Dinuba Retail Space For Rent

      Move-in ready retail spaces with high traffic exposure.
      820 N Alta Ave, Dinuba, CA 93618
      View Details
    • $1.75 SF/Yr
      1,236 SF

      Retail Space in Red Rock Plaza

      Retail space available in a busy Dinuba shopping center.
      1401 W El Monte Way, Dinuba, CA 93618
      View Details
    • Contact for pricing
      16,395 SF

      Dinuba Retail Space For Lease

      Prime Dinuba location, 16,395 sq ft.
      0 Swq Alta Ave & El Monte Way, Dinuba, CA 93618
      View Details
    • $1.35 SF/Yr
      1,400 SF

      Dinuba Office Space For Rent

      Well-located office space on Dinuba's busiest retail corridor.
      531 N Alta Ave, Dinuba, CA 93618
      View Details
    • $1.50 SF/Yr
      2,630 SF

      Dinuba Professional Office Building

      Freestanding office building with on-site parking in central Dinuba.
      1433 E El Monte Way, Dinuba, CA 93618
      View Details
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    373 Alta Ave
    Dinuba, CA 93618
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    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
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