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Property profile & analytics
FOR LEASE
Office buildings
700 E Mineral King Ave Visalia, CA 93292
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-5991547
For Lease
1 / 2
$1,740,000
700 E Mineral King Ave, Visalia, CA 93292
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1986
Construction
TILT-UP CONCRETE
Total area
13,653 SF
Lot
1.11 ac (48,351 SF)
Zoning code
CS
APN
094-222-030-000
UPID
US09-5991547
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
-
MY97.5 FM - KVMI Radio Station Telecommunications Service
-
KJUG County-106.7 FM Radio Station Telecommunications Service
-
Momentum Broadcasting LP Radio Station Telecommunications Service
-
99.7 Classic Rock- KI00 Radio Station Telecommunications Service
-
HITZ Radio 104.9 FM Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.74M
Owner & transaction history
Blam-jade LP · 16 yrs held
Blam-jade LP
since 2010
6 recorded transactions
Zoning & alternative use
CS · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.7M
+28.6%
Retail stores
$2.2M
+3.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,135,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,745,000
Change: +29% · Conversion: Easy
RETAIL STORES
$2,215,000
Change: +4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,845,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±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
$127 / 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
$17,151
Tax year 2024
Assessed value
$1,593,920
Assessed 2024
Previous assessed
$1,593,920
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$390,492
Assessed improvement
$1,203,428
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1986
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
2
Bathrooms
5
Total area
13,653 SF
Lot
1.11 ac (48,351 SF)
Zoning code
CS
APN
094-222-030-000
UPID
US09-5991547
Jurisdiction
TULARE
Zoning & alternative use
CS · Visalia, CA
Zoning CS · permitted uses
CS · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1986
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
5
Lot
1.11 ac
Current owner
From public records · entity-resolved
Blam-jade LP
Entity
Mailing address
PO BOX 1431, VISALIA, CA 93279-1431
Ownership since
2010
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
Aug 4, 2011
—
Blam-jade LP
—
Deed Of Trust
related
$1,737,130 · Premier Valley Bank
Mar 2, 2010
—
Blam-jade LP
Blam-jade
Quit Claim Deed
—
Sep 20, 2002
$3,750,000
Blam-jade
Putnam-wind Properties
Trustees Deed
$3,150,000 · Bank Of Visalia
Sep 20, 2002
—
Putnam-wind Properties
Putnam Land & Cattle Co
Quit Claim Deed
related
—
Dec 23, 1997
—
Putnam Land & Cattle Co
Putnam Trust
Quit Claim Deed
related
—
Dec 22, 1997
—
Putnam Trust
Putnam Trust
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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