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Property profile & analytics
FOR SALE
Turn key restaurants
40311 Sierra Dr Three Rivers, CA 93271
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5897551
For Sale
1 / 11
$1,339,000
40311 Sierra Dr, Three Rivers, CA 93271
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Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2013
Construction
WOOD
Total area
2,821 SF
Lot
1 ac (43,560 SF)
Zoning code
C-2-SC
APN
068-130-040-000
UPID
US09-5897551
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
-
Sequoia Cider Mill Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$777k
Blend (final)
Blend
$620k
Owner & transaction history
Efrain Ponce · 5 yrs held
Efrain Ponce
since 2021
Last sale
$635,000
6 recorded transactions
Zoning & alternative use
C-2-SC · Three Rivers, 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 Three Rivers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Three Rivers 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
$630,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $635k (Feb 17 2021)
Last sale anchor
$635k
Feb 17 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
$220 / 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
$6,134
Tax year 2024
Assessed value
$571,139
Assessed 2024
Previous assessed
$571,139
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$315,245
Assessed improvement
$255,894
Applied tax rate
146.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
2013
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Bathrooms
3
Total area
2,821 SF
Lot
1 ac (43,560 SF)
Zoning code
C-2-SC
APN
068-130-040-000
UPID
US09-5897551
Jurisdiction
TULARE
Zoning & alternative use
C-2-SC · Three Rivers, CA
Zoning C-2-SC · permitted uses
C-2-SC · Three Rivers, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Three Rivers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
3
Lot
1 ac
Current owner
From public records · entity-resolved
Efrain Ponce
Individual
Mailing address
335 RIVERSIDE DR, WOODLAKE, CA 93286-9775
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
—
Efrain Ponce
—
Deed
related
$263,194 · Juliet Delcon Etal
Feb 21, 2023
—
Efrain Ponce
—
Deed
related
$294,562 · Juliet Delcon
Feb 17, 2021
—
Efrain Ponce
Efrain Ponce
Intrafamily Transfer
related
—
Mar 2, 2007
—
Hector Delcon
Hector Delcon
Intrafamily Transfer
related
$180,000 · Washington Mutual Bank Fa
Feb 1, 2007
$635,000
Efrain Ponce
Hector Delcon
Grant Deed
$260,000 · Global Equity Lending INC
—
—
Hector Delcon
—
Deed Of Trust
related
$180,000 · Clawson Trust
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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