Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6875 Robinson Rd Visalia, CA 93291

    • Commercial real estate
    • 1.64 lot acres
    OFF-MARKET
    Last Sale
    Jan 21, 2025
    $1,840,000
    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5926726
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Western Union / Money Transfer Service
    • Redbox / Dvd Store / Movie Rental Store

    Property Details for 6875 Robinson Rd

    Lot size
    1.64 lot acres
    Property type
    Commercial real estate
    APN
    075-440-006-000
    APU
    75440006000

    Description

    This exceptional investment opportunity presents a freestanding, 7,489 square foot Dollar General convenience store located at 6875 Robinson Rd, Visalia, CA 93291. The property sits on a 0.81-acre lot and includes 30 parking spaces. This is an absolute NNN net lease with a highly creditworthy tenant, Dollar General Corporation (NYSE: DG), offering significant long-term stability. The current lease, commenced March 10, 2018, has a remaining term of 8.4 years, with three 5-year renewal options, each including a 10% rent increase. The property boasts a 6.25% cap rate and a strong net operating income (NOI) of $125,568. The asking price is $2,009,000. Situated in a high-growth Central Valley market, this property benefits from its proximity to Highway 99 and serves a population exceeding 450,000 within the Visalia-Portville MSA. The property is 100% occupied and offers zero landlord maintenance or expense responsibilities, making it an ideal, low-maintenance investment. This is a single-story building with a total of one unit. The lease expires March 31, 2033. Dollar General, a Fortune 500 company, currently operates 19,643 locations nationwide, including 246 in California, generating $38.7 billion in fiscal year 2023 sales and $1.7 billion in net income. This presents a compelling opportunity for investors seeking a secure, passive income stream with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,235,000
      ML approach
      $2,085,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.42
    Latitude
    36.3548
    CBSA code
    47300
    CBSA name
    VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,338
    $223,103
    $1,673,278
    $1,896,381
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.59 Acres

      6400 Betty Dr

      Land • 1.59 Acres
      6400 Betty Dr, Visalia, CA 93291
      View Details
    • Value Estimation by Request
      12.05 Acres

      6400 Betty Dr

      Restaurants • 212,137 SF
      6400 Betty Dr, Visalia, CA 93291
      View Details
    • Value Estimation by Request

      Visalia, CA 93291

      COMMERCIAL (GENERAL)
      Visalia, CA 93291
      View Details
    • Value Estimation by Request
      0.44 Acres

      Visalia, CA 93291

      COMMERCIAL (GENERAL) • 0.44 Acres
      Visalia, CA 93291
      View Details
    • Value Estimation by Request
      0.25 Acres

      Visalia, CA 93291

      COMMON AREA (COMMERCIAL) • 0.25 Acres
      Visalia, CA 93291
      View Details
    • Value Estimation by Request
      3.84 Acres

      Visalia, CA 93291

      COMMON AREA (COMMERCIAL) • 3.84 Acres
      Visalia, CA 93291
      View Details

    Similar Nearby for Sale

    • $895,000
      2.06 Acres

      Visalia Industrial Land - $895K

      ±2.06 Acres, prime industrial location.
      8224 Hillsdale Ave, Visalia, CA 93291
      View Details
    • $1,484,959
      12.05 Acres

      Visalia Highway 99 Commercial Land

      12 Acres, Shovel-Ready Development, Hwy 99
      6400 Betty Dr, Visalia, CA 93291
      View Details
    • $995,000
      2.38 Acres

      Visalia Industrial Land - $995K

      Four prime industrial lots, ready to build.
      2495 American St, Visalia, CA 93291
      View Details
    • Contact for pricing
      10.12 Acres

      Visalia Industrial Land Parcels

      10+ Acres, Shovel-Ready, Industrial
      849 Freedom St, Visalia, CA 93291
      View Details
    • $11,500,000
      52,976 SF

      Luxury Visalia Apartment Complex

      Prime Visalia location, 52 units, gated community
      4401 Goshen Ave, Visalia, CA 93291
      View Details
    • $1,715,447

      Visalia Industrial Land - $1.7M

      ±6.8 Acres, Prime Industrial Location
      1011 Plaza Dr, Visalia, CA 93291
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,960 SF

      Visalia Industrial Building For Rent

      Class "A" industrial building with dock high loading.
      7940 W Doe Ave, Visalia, CA 93291
      View Details
    • $2 SF/Yr
      9,000 SF

      Retail/Office Space For Lease

      New construction retail/office space available for lease in Visalia, CA.
      337 N Plaza Dr, Visalia, CA 93291
      View Details
    • $22 SF/Yr

      Commercial Parcels For Lease

      Commercial land parcels suitable for retail, restaurant, and office use.
      2816 N Dinuba Blvd, Visalia, CA 93291
      View Details
    • $1.85 SF/Yr
      1,521 SF

      Downtown Visalia Office Space Available

      Move-in ready office space in a prime downtown location.
      717 W Center Ave, Visalia, CA 93291
      View Details
    • $0.85 SF/Yr
      115,000 SF

      New Industrial Space, High Visibility

      Under construction industrial space with highway access and visibility.
      30041 Bradham Dr, Visalia, CA 93291
      View Details
    • $0.75 SF/Yr
      75,264 SF

      Visalia Industrial Park Warehouse Space

      Industrial warehouse space for lease in Visalia Industrial Park.
      1607 N Plaza Dr, Visalia, CA 93291
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6875 Robinson Rd
    Visalia, CA 93291
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.