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Property profile & analytics
OFF-MARKET
Estimated value
$7,600,000
Industrial properties
448 Paradise Ave Visalia, CA 93277-4930
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5995908
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1962
Total area
37,440 SF
Lot
4.03 ac (175,546 SF)
Zoning code
IL
APN
097-262-010-000
UPID
US09-5995908
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
-
A-American Self Storage Storage Facility
-
self storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.60M
Owner & transaction history
Keith B Monroe · 2 yrs held
Keith B Monroe
since 2023
Last sale
$7.9M
3 recorded transactions
Zoning & alternative use
IL · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.3M
+168.3%
Retail stores
$8.9M
+130.9%
Medical building
$8.2M
+112.7%
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
$7,390,000
ML approach
$7,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,295,000
Change: +168% · Conversion: Difficult
RETAIL STORES
$8,860,000
Change: +131% · Conversion: Difficult
MEDICAL BUILDING
$8,160,000
Change: +113% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,525,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$5,810,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$7.60M
Range $6.84M – $8.36M · ±10% · vs last sale $7.86M (Sep 14 2023)
Last sale anchor
$7.86M
Sep 14 2023
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
$203 / 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
$84,184
Tax year 2024
Assessed value
$1,540,054
Assessed 2024
Previous assessed
$1,540,054
+0.0% YoY
Effective rate
5.47%
On assessed value
Assessed land
$130,642
Assessed improvement
$1,409,412
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1962
Heating
CENTRAL
Cooling
CENTRAL
Buildings
10
Stories
2
Bathrooms
2
Total area
37,440 SF
Lot
4.03 ac (175,546 SF)
Zoning code
IL
APN
097-262-010-000
UPID
US09-5995908
Jurisdiction
TULARE
Zoning & alternative use
IL · Visalia, CA
Zoning IL · permitted uses
IL · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$10.3M
RETAIL STORES
Est. value
$8.9M
MEDICAL BUILDING
Est. value
$8.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.5M
OFFICE BUILDING
Est. value
$5.8M
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
10
Bathrooms
2
Lot
4.03 ac
Current owner
From public records · entity-resolved
Keith B Monroe
Individual
Mailing address
11560 10TH AVE, LOS ANGELES, CA 90064-1513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2023
$7,862,000
Keith B Monroe
Ez Storage Depot LLC
Grant Deed
$3,875,000 · East West Bank
Jul 27, 1998
$423,000
Easy Storage Depot LLC
Lyman D Griswold Trustee
Grant Deed
$373,000 · Griswold Trust
—
—
Ez Storage Depot LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of The Sierra
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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