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Property profile & analytics
OFF-MARKET
Commercial land

615 Main St Visalia, CA 93292-6448

0.23 ac lot
Trust Owned Absentee Owner Free & Clear
Property ID
US09-5988505
Property summary
AI-generated overview

This exceptional 1.26-acre property at 615 E Main Street, Visalia, CA, presents a unique opportunity for mixed-use development. The expansive 54,712 square foot lot is ideally situated in the heart of downtown Visalia, offering unparalleled access to local amenities and high visibility. Currently zoned for mixed-use development, this site has already received city permit approval for a three-story building, streamlining the development process and minimizing potential delays. The substantial acreage allows for a variety of development options, catering to both commercial and residential needs. Imagine the possibilities: a vibrant mixed-use complex, a modern apartment building with ground-floor retail, or a unique commercial development tailored to the specific needs of the Visalia market. This prime location offers significant potential for substantial return on investment. The property's size and zoning flexibility make it an attractive proposition for developers seeking a high-impact project in a thriving downtown area. The existing city permit approval for a three-story structure significantly reduces the time and cost associated with obtaining necessary approvals, making this an exceptionally attractive opportunity for immediate development. Don't miss this chance to acquire a significant piece of Visalia's downtown landscape. The asking price is $2,000,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.23 ac (10,142 SF)
Zoning code CS
APN 094-234-010-000
UPID US09-5988505
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Steven And Brooke Legras Living Trust
Steven And Brooke Legras Living Trust
since 2026
Last sale
$57,000
7 recorded transactions
2026
Price N/A
2025
$57,000
2023
Price N/A
2021
$605,000
2021
Price N/A
2018
$500,000
2018
Price N/A
Zoning & alternative use
CS · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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