413 I St Tulare, CA 93274-3937
- Retail properties
- 0.17 lot acres
Current Use by Public Records
- Retail properties
Property Details for 413 I St
- Lot size
- 0.17 lot acres
- Property type
- Retail properties
- APN
- 169-152-009-000
- APU
- 169152009000
Description
This exceptional investment opportunity presents two well-maintained industrial warehouse properties located in Tulare, California, at 413 and 445 North I Street. Both properties are currently leased to the College of the Sequoias, providing a stable income stream. The combined square footage ranges from 1,800 to 7,300 square feet, situated on lots totaling between 7,595 and 15,000 square feet. Each building benefits from gated, concrete parking lots, enhancing security and convenience. The properties are zoned Commercial/M1-D, offering flexibility for future use. Their prime location in Tulare provides easy access to Highway 99 via Cross Avenue, ensuring excellent transportation links. The asking price for this portfolio is $1,239,820. The individual APNs are 169-152-009 and 169-152-011. This is a rare chance to acquire a strong, income-producing industrial portfolio in a desirable location. The properties are well-maintained and offer a secure investment opportunity with a long-term tenant. The convenient location and easy freeway access make this an attractive proposition for investors seeking a stable and profitable addition to their portfolio. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,775,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,835,000
- 6.5%
- $1,580,000
- 7%
- $1,840,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,620,000
- Geo Method
- $1,580,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,620,000
- Retail
- $2,010,000
- Mixed-Use
- $1,900,000
- Hospitality
- $1,645,000
- Educational
- $1,785,000
- Residential Income
- $1,880,000
- Energy
- $1,850,000
- Income-Based Land
- $1,910,000
- Food Service
- $1,475,000
Location Insight
- Map
- Local Demand
- City
- Tulare
- County
- Tulare
- State
- California
- Longitude
- -119.351
- Latitude
- 36.2118
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
