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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Turn key restaurants
500 Lovers Ln Visalia, CA 93292
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5742881
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Construction
WOOD
Total area
18,500 SF
Lot
1.38 ac (60,112 SF)
Zoning code
CSO
APN
101-030-021-000
UPID
US09-5742881
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$1.75M
Owner & transaction history
Minh Tran · 2 yrs held
Minh Tran
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
CSO · 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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Jun 12 2024)
Last sale anchor
$1.75M
Jun 12 2024
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
$95 / 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
$20,518
Tax year 2024
Assessed value
$1,913,880
Assessed 2024
Previous assessed
$1,913,880
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$399,180
Assessed improvement
$1,514,700
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
1987
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
17
Total area
18,500 SF
Lot
1.38 ac (60,112 SF)
Zoning code
CSO
APN
101-030-021-000
UPID
US09-5742881
Jurisdiction
TULARE
Zoning & alternative use
CSO · Visalia, CA
Zoning CSO · permitted uses
CSO · 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
1987
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
17
Lot
1.38 ac
Current owner
From public records · entity-resolved
Minh Tran
Individual
Mailing address
7325 N TRAVERSE AVE, CLOVIS, CA 93619-9065
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Minh Tran
Minh Tran
Intrafamily Transfer
related
$1,090,000 · Bank Of The Sierra
Sep 7, 2022
—
Minh Tran
Minh Tran
Intrafamily Transfer
related
—
Mar 22, 2019
—
Minh T Tran
Vu,nuong H
Quit Claim Deed
related
—
Mar 22, 2019
$1,750,000
Minh T Tran
Lovers Lane Shopping Center LLC
Grant Deed
—
Oct 23, 2015
—
Lovers Lane Shopping Center
Walter Stacey L Trust
Quit Claim Deed
—
Mar 7, 2011
—
Gordon K Tessman
Tessman Earl E Trust
Quit Claim Deed
related
—
Feb 10, 2011
—
Mangano Margaret A 1998 Trust
Mangano M A 1998 Trust
Quit Claim Deed
related
—
Jul 27, 2010
—
Kimber L Jorissen
Tessman,earl E
Affidavit Of Death
related
—
Aug 3, 1998
—
Mangano Trust
Mangano,margaret A
Quit Claim Deed
related
—
Oct 19, 1995
—
Tessman Trust
Tessman,earl E
Quit Claim Deed
related
—
—
—
Tessman,tr
—
Deed Of Trust
related
$720,000 · Wells Fargo 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.
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