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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Apartment buildings
511 Dudley St Visalia, CA 93291-4700
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5997707
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1976
Construction
WOOD
Total area
3,625 SF
Lot
0.17 ac (7,560 SF)
Zoning code
RM3
APN
093-241-004-000
UPID
US09-5997707
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
$550k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
$492k
Blend (final)
Blend
$550k
Owner & transaction history
Eknoian Investment Group · 1 yrs held
Eknoian Investment Group
since 2024
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
RM3 · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$790,000
+8.4%
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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
$500,000
6.5%
$465,000
7%
$430,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$730,000
Current use
MEDICAL BUILDING
$790,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Oct 8 2024)
Last sale anchor
$550k
Oct 8 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
$152 / 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
$654
Tax year 2024
Assessed value
$58,700
Assessed 2024
Previous assessed
$58,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$43,558
Assessed improvement
$15,142
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
5
Bathrooms
5
Total area
3,625 SF
Lot
0.17 ac (7,560 SF)
Zoning code
RM3
APN
093-241-004-000
UPID
US09-5997707
Jurisdiction
TULARE
Zoning & alternative use
RM3 · Visalia, CA
Zoning RM3 · permitted uses
RM3 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$730,000
MEDICAL BUILDING
Est. value
$790,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL 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
1976
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
5
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Eknoian Investment Group
Entity
Mailing address
3029 W CYPRESS AVE, KINGSBURG, CA 93631-8822
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Eknoian Investment Group
—
Deed
related
$320,000 · 2015 Mellon Empire Revocable Trust
Mar 5, 2025
—
Eknoian Investment Group LLC
—
Deed
related
$552,500 · Rflf 7 LLC
Oct 8, 2024
$550,000
Eknoian Investment Group
Thomas R Carr
Grant Deed
$380,000 · Pact Capital INC
Jul 17, 2017
—
Richard Carr
Redtop Ltd
Quit Claim Deed
—
Sep 18, 1998
$125,000
Red Top Limited
Miller Brothers Investment INC
Grant Deed
$95,000 · Seller
Feb 29, 1996
—
Miller Brothers Investment INC
Miller Enterprises INC
Quit Claim Deed
related
—
—
—
Miller Enterpris
—
Deed Of Trust
related
$84,000 · Mineral King National 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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