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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Retail space
512 Inyo Ave Tulare, CA 93274-3726
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5729272
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
WOOD
Total area
4,785 SF
Lot
0.43 ac (18,750 SF)
Zoning code
C-4
APN
175-113-010-000
UPID
US09-5729272
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
-
Castillo's Barbershop & Beauty Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$936k
Blend (final)
Blend
$870k
Owner & transaction history
Investment Property Exchange Svcs I · 4 yrs held
Investment Property Exchange Svcs I
since 2022
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
C-4 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+71.0%
Medical building
$965,000
+41.6%
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 Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare 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
$830,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
RETAIL STORES
$680,000
Current use
COMMERCIAL (GENERAL)
$1,165,000
Change: +71% · Conversion: Easy
MEDICAL BUILDING
$965,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$615,000
Change: -10% · Conversion: Easy
AUTO REPAIR, GARAGE
$560,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $900k (Mar 11 2022)
Last sale anchor
$900k
Mar 11 2022
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
$182 / 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
$12,188
Tax year 2024
Assessed value
$1,097,820
Assessed 2024
Previous assessed
$1,097,820
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$208,080
Assessed improvement
$889,740
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Units
1
Rooms
6
Bathrooms
4
Total area
4,785 SF
Lot
0.43 ac (18,750 SF)
Zoning code
C-4
APN
175-113-010-000
UPID
US09-5729272
Jurisdiction
TULARE
Zoning & alternative use
C-4 · Tulare, CA
Zoning C-4 · permitted uses
C-4 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$680,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$965,000
OFFICE BUILDING
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$560,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2008
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
6
Bathrooms
4
Lot
0.43 ac
Current owner
From public records · entity-resolved
Investment Property Exchange Svcs I
Entity
Mailing address
165 N ROMNEY AVE, SOUTH SAN FRANCISCO, CA 94080-2137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
$900,000
Investment Property Exchange Svcs I
Fernando Garcia
Grant Deed
$472,500 · Fernando Garcia Etux
May 12, 2000
$80,000
Fernando Garcia
Smith,allan A
Grant Deed
—
Apr 11, 1996
$122,616
Allan A Smith
Cabrera,manuel
Trustees Deed
—
May 7, 1993
$90,000
Manuel Cabrera
Johnson Lumber I
Grant Deed
$63,000 · Hardcastle Trust
Feb 1, 1991
$41,906
Johnson Don M
Western,title
Trustees Deed
related
—
—
—
Fernando Garcia
—
Deed Of Trust
related
$409,997 · County 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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