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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Retail space
605 Date Ave Porterville, CA 93257-5001
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5917311
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Construction
WOOD
Total area
336 SF
Lot
0.81 ac (35,283 SF)
Zoning code
CG
APN
261-260-001-000
UPID
US09-5917311
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
-
El Toro Loco Market Grocery & Convenience Store Food Market
-
C & T Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Naji Algharasi · 4 yrs held
Naji Algharasi
since 2022
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
CG · Porterville, 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 Porterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Porterville 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
$780,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $700k (Apr 1 2022)
Last sale anchor
$700k
Apr 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
$2,098 / 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
$7,097
Tax year 2024
Assessed value
$655,167
Assessed 2024
Previous assessed
$655,167
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$109,242
Assessed improvement
$545,925
Applied tax rate
126.0000
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
1931
Construction
WOOD
Heating
NONE
Buildings
11
Stories
1
Units
1
Rooms
3
Total area
336 SF
Lot
0.81 ac (35,283 SF)
Zoning code
CG
APN
261-260-001-000
UPID
US09-5917311
Jurisdiction
TULARE
Zoning & alternative use
CG · Porterville, CA
Zoning CG · permitted uses
CG · Porterville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Porterville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1931
Construction
WOOD
Heating
NONE
Stories
1
Buildings
11
Units
1
Rooms
3
Lot
0.81 ac
Current owner
From public records · entity-resolved
Naji Algharasi
Individual
Mailing address
508 S MIRAGE AVE, LINDSAY, CA 93247-2550
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
Apr 1, 2022
$700,000
Naji Algharasi
Billy Trach
Grant Deed
$700,000 · Billy Trach
Feb 9, 2022
—
Billy Trach
Sally Trach
Intrafamily Transfer
related
—
Aug 28, 2012
—
Sally Trach
Wu,jane
Grant Deed
—
Aug 18, 2009
—
Jane Wu
Wu,raymond
Quit Claim Deed
related
—
Jan 3, 2005
$550,000
Raymond Wu
Huckabay,james R & Marsha G
Grant Deed
$500,000 · James R & Marsha G Huckabay
Aug 12, 1992
—
James R Huckabay
Bryson,jack
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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