Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Apartment buildings
600 Encina St Visalia, CA 93277-2658
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-5989820
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
4,480 SF
Lot
0.2 ac (8,735 SF)
Zoning code
R16
APN
097-037-001-000
UPID
US09-5989820
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
$505k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$398k
Blend (final)
Blend
$540k
Owner & transaction history
Mendez Property Group · 3 yrs held
Mendez Property Group
since 2022
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
R16 · 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
$510,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $550k (Sep 1 2022)
Last sale anchor
$550k
Sep 1 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
$121 / 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
$8,003
Tax year 2024
Assessed value
$561,000
Assessed 2024
Previous assessed
$561,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$76,500
Assessed improvement
$484,500
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
1971
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
2
Units
1
Rooms
10
Bathrooms
10
Total area
4,480 SF
Lot
0.2 ac (8,735 SF)
Zoning code
R16
APN
097-037-001-000
UPID
US09-5989820
Jurisdiction
TULARE
Zoning & alternative use
R16 · Visalia, CA
Zoning R16 · permitted uses
R16 · 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
1971
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
10
Bathrooms
10
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mendez Property Group
Entity
Mailing address
600 S ENCINA ST, VISALIA, CA 93277-2658
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2022
$550,000
Mendez Property Group
Rivas Brothers LLC
Grant Deed
$412,500 · Velocity Commercial Capital LLC
Jul 11, 2016
$292,000
Rivas Brothers LLC
Juan C Aceves
Grant Deed
$190,000 · Chino Commercial Bank NA
Apr 18, 2003
$210,000
Juan C Aceves
Lopes,tony S & Maria C
Grant Deed
$157,500 · Bank Of Visalia
Nov 25, 1992
$87,000
Tony S Lopes
Nelson,david
Grant Deed
related
—
—
—
Juan C Aceves
—
Deed Of Trust
related
$165,000 · Kenneth Mundee
—
—
Juan C Aceves
—
Deed Of Trust
related
$295,000 · Greenpoint Mortgage Funding
—
—
Juan C Aceves
—
Deed Of Trust
related
$205,000 · Imperial Capital 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 600 Encina St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
