41907 Sierra Dr Three Rivers, CA 93271
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$530k
Range $477k – $583k (±10%)
Implied cap rate
7.10%
In-place · NOI ÷ last sale
Property ID
US09-5940533
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Construction
STEEL FRAME
Total area
1,760 SF
Lot
0.48 ac (20,720 SF)
Zoning code
C-2-SC
APN
068-320-013-000
UPID
US09-5940533
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
-
Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$340k
Blend (final)
Blend
$530k
Owner & transaction history
since 2022
Last sale
$573,000
5 recorded transactions
Zoning & alternative use
C-2-SC · Three Rivers, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$530k
Value range
$477k – $583k
±10% around blend
Estimated value / SF
$301 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$477k
blend $530k
$583k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,760 SF
Lot area
0.48 ac
Year built
1965
Stories
1
APN
068-320-013-000
Assessed value
$978,419
Annual tax
$10,463
3
Income approach: direct capitalization
Partial preview
Income approach indication
$575k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$625k
@ 6.5% CAP return
$575k
@ 7% CAP return
$535k
4
Sales comparison
Partial preview
Sales approach indication
$340k
Range $161k – $340k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$530k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 26 sales
$401
-25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $301/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
7.10%
Implied, in-place cap rate for this grocery and convenience stores
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.10%
9.0%
NOI (est.)
$40k *
Last sale · Aug 2022
$573k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$565k
Move the market yield to see immediate price impact.
Value / SF
$321
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.60%7.10%7.60%
$36k
$547k
$508k
$475k
$40k
$608k
$565k
$528k
$44k
$669k
$621k
$581k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,463
Tax year 2024
Assessed value
$978,419
Assessed 2024
Previous assessed
$978,419
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$501,020
Assessed improvement
$477,399
Applied tax rate
146.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
1,760 SF
Lot
0.48 ac (20,720 SF)
Zoning code
C-2-SC
APN
068-320-013-000
UPID
US09-5940533
Jurisdiction
TULARE
Zoning & alternative use
C-2-SC · Three Rivers, CAZoning C-2-SC · permitted uses
C-2-SC · Three Rivers, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.48 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-2-SC
Jurisdiction
Three Rivers, CA
Recorded code
C-2-SC
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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