New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Turn key restaurants
400 Willis St Visalia, CA 93291-6002
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-5993126
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
WOOD
Total area
5,305 SF
Lot
39.86 ac (1,736,158 SF)
Zoning code
CDT
APN
093-175-007-000
UPID
US09-5993126
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
-
Davorn's Place Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Sam Vilay · 5 yrs held
Sam Vilay
since 2021
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
CDT · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,115,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $950k (Jan 13 2021)
Last sale anchor
$950k
Jan 13 2021
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
$192 / 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
$11,851
Tax year 2024
Assessed value
$1,008,147
Assessed 2024
Previous assessed
$1,008,147
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$191,017
Assessed improvement
$817,130
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
2
Bathrooms
2
Total area
5,305 SF
Lot
39.86 ac (1,736,158 SF)
Zoning code
CDT
APN
093-175-007-000
UPID
US09-5993126
Jurisdiction
TULARE
Zoning & alternative use
CDT · Visalia, CA
Zoning CDT · permitted uses
CDT · 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.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
2
Lot
39.86 ac
Current owner
From public records · entity-resolved
Sam Vilay
Individual
Mailing address
400 N WILLIS ST, VISALIA, CA 93291-6002
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2021
$950,000
Sam Vilay
Jonathan A Van Ryn
Grant Deed
$475,000 · Bank Of The Sierra
Dec 10, 2015
—
Van Ryn,jonathan A & N M Trust
Van Ryn,jonathan A & Nikki M
Quit Claim Deed
related
—
Jul 7, 2015
—
Jonathan A Van Ryn
Van Ryn Jonathan A
Quit Claim Deed
related
—
Feb 7, 2014
—
Jonathan A Van Ryn
Van Ryn,nikki M
Quit Claim Deed
related
—
Feb 7, 2014
$945,000
Jonathan A Van Ryn
Don G Celillo
Grant Deed
$472,500 · Valley Business Bank
Dec 17, 2009
$586,000
Celillo Don G 1997 Trust
San Joaquin Investment Group
Grant Deed
—
May 2, 2007
—
San Joaquin Valley Inv Grp LLC
Mike Fistolera Const INC
Grant Deed
—
Mar 28, 2006
$544,000
Mike Fistolera Const INC
Nielsen,allen P & Pamela S
Grant Deed
$258,400 · Visalia Community Bank
Sep 22, 2005
—
Allen Nielsen
Nielsen,allen & Pamela
Quit Claim Deed
related
$125,000 · Cooper B & Cannella V Trust
Jun 7, 2005
—
Allen Nielsen
Nielsen,allen & Pamela
Quit Claim Deed
related
$370,000 · Bratcher Trust
Feb 4, 2004
$570,000
Allen P Nielsen
Chester,tr
Grant Deed
$325,000 · Trust Deed Investments INC
Jun 10, 1999
—
Chester Trust
Chester,thomas J & Doris M
Quit Claim Deed
related
—
—
—
Thomas J Chester
—
Deed Of Trust
related
$340,000 · Bank Of Visalia
—
—
Thomas J Chester
—
Deed Of Trust
related
$400,000 · Kaweah National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Willis St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
