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Property profile & analytics
OFF-MARKET
Estimated value
$6,240,000
Manufacturing properties
605 J St, Tulare, CA 93274-2845
Individually Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5865968
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1926
Total area
65,771 SF
Lot
5.07 ac (220,849 SF)
Zoning code
C4
APN
170-310-002-000
UPID
US09-5865968
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
-
Dean Foods Big Box & Wholesale Store Food Market
-
Saputo Dairy Foods Usa Agricultural Supply Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.89M
Comparable Approach
Comparable
$5.16M
Blend (final)
Blend
$6.24M
Owner & transaction history
Sulphur Springs Cultured Speci · 24 yrs held
Sulphur Springs Cultured Speci
since 2002
2 recorded transactions
Zoning & alternative use
C4 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.4M
+33.2%
Apartment house (5+ units)
$8.9M
+27.1%
Office building
$8.5M
+20.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,380,000
6.5%
$5,890,000
7%
$5,470,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,035,000
Current use
RETAIL STORES
$9,375,000
Change: +33% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$8,945,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$8,485,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$6.24M
Range $5.62M – $6.86M · ±10%
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
$95 / 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
$326,552
Tax year 2024
Assessed value
$29,413,834
Assessed 2024
Previous assessed
$29,413,834
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$413,985
Assessed improvement
$28,999,849
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1926
Heating
NONE
Buildings
9
Stories
2
Units
1
Total area
65,771 SF
Lot
5.07 ac (220,849 SF)
Zoning code
C4
APN
170-310-002-000
UPID
US09-5865968
Jurisdiction
TULARE
Zoning & alternative use
C4 · Tulare, CA
Zoning C4 · permitted uses
C4 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$7.0M
RETAIL STORES
Est. value
$9.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.9M
OFFICE BUILDING
Est. value
$8.5M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE 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
1926
Heating
NONE
Stories
2
Buildings
9
Units
1
Lot
5.07 ac
Current owner
From public records · entity-resolved
Sulphur Springs Cultured Speci
Individual
Free & Clear · 24 yrs held
Mailing address
1000 DE LA GAUCHETIERE OUEST MONTREAL QUEBEC XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2002
—
Sulphur Springs Cultured Speci
Morningstar Foods INC
Grant Deed
related
—
Apr 2, 1997
—
Favorite Foods INC
Adohr Farms INC
Quit Claim Deed
related
$220,000 · Nationsbank Of Texas
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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