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Property profile & analytics
OFF-MARKET
Estimated value
$5,775,000
Grocery and convenience stores
5203 Walnut Ave Visalia, CA 93277-3466
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6115429
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1998
Construction
TILT-UP CONCRETE
Total area
51,058 SF
Lot
1.49 ac (64,904 SF)
Zoning code
CN
APN
119-650-005-000
UPID
US09-6115429
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
-
Save Mart Grocery & Convenience Store Food Market
-
KeyMe Locksmiths Locksmith
-
Save Mart Pharmacy Pharmacy
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Michael Malony Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.78M
Owner & transaction history
Ast Farms LLC · 7 yrs held
Ast Farms LLC
since 2019
6 recorded transactions
Zoning & alternative use
CN · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$113 / 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
$50,165
Tax year 2024
Assessed value
$4,684,816
Assessed 2024
Previous assessed
$4,684,816
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$939,311
Assessed improvement
$3,745,505
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1998
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Bathrooms
4
Total area
51,058 SF
Lot
1.49 ac (64,904 SF)
Zoning code
CN
APN
119-650-005-000
UPID
US09-6115429
Jurisdiction
TULARE
Zoning & alternative use
CN · Visalia, CA
Zoning CN · permitted uses
CN · 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
1998
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
4
Lot
1.49 ac
Current owner
From public records · entity-resolved
Ast Farms LLC
Entity
Mailing address
27725 RD 92, VISALIA, CA 93277-9481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 25, 2019
—
Ast Farms LLC
Santokh S Toor
Grant Deed
$7,070,000 · Wells Fargo Bank NA
Nov 2, 2018
$10,100,000
Toor,s S & A K 2011 Trust
Donahue Schriber Realty Grp
Grant Deed
—
Jul 1, 2016
—
Donahue Schriber Realty Group LP
Rancho Viejo LLC
Grant Deed
$21,342,000 · Mufg Union Bank NA
May 16, 2006
—
Rancho Viejo LLC
Highland Park Place LLC
Quit Claim Deed
related
—
Apr 6, 2006
$3,103,000
Highland Park Place LLC
Donahue Schriber Realty Group
Grant Deed
—
Mar 1, 2006
—
Highland Park Place LLC
Westland Dev Co LLC
Grant Deed
—
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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