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Property profile & analytics
OFF-MARKET
Estimated value
$8,650,000
Banks
701 Main St, Visalia, CA 93291-6145
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5993197
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1901
Construction
TILT-UP CONCRETE
Total area
17,313 SF
Lot
1 ac (43,560 SF)
Zoning code
CDT/PA
APN
093-197-008-000
UPID
US09-5993197
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
-
Uhl Rubber Co. (Bike/Boat/Book/etc) Store Auto Parts Store
-
Citizens Business Bank Bank Loan Service
-
Bridge Stone Tires Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.65M
Owner & transaction history
Pacific Hills Servicing LLC · 1 yrs held
Pacific Hills Servicing LLC
since 2024
Last sale
$8.7M
3 recorded transactions
Zoning & alternative use
CDT/PA · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.1M
+426.7%
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
$8,650,000
ML approach
$8,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$13,075,000
Change: +427% · Conversion: Difficult
Blend value · Realmo final
$8.65M
Range $7.79M – $9.52M · ±10% · vs last sale $8.65M (Oct 10 2024)
Last sale anchor
$8.65M
Oct 10 2024
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
$500 / 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
$53,062
Tax year 2024
Assessed value
$4,702,873
Assessed 2024
Previous assessed
$4,702,873
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,055,462
Assessed improvement
$3,647,411
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1901
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Bathrooms
6
Total area
17,313 SF
Lot
1 ac (43,560 SF)
Zoning code
CDT/PA
APN
093-197-008-000
UPID
US09-5993197
Jurisdiction
TULARE
Zoning & alternative use
CDT/PA · Visalia, CA
Zoning CDT/PA · permitted uses
CDT/PA · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.1M
NEIGHBORHOOD: SHOPPING CENTER
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
1901
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
6
Lot
1 ac
Current owner
From public records · entity-resolved
Pacific Hills Servicing LLC
Entity
Free & Clear · 1 yrs held
Mailing address
414 W 4TH ST, SANTA ANA, CA 92701-4588
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2024
$8,650,000
Pacific Hills Servicing LLC
Citizens Business Bank
Grant Deed
—
Feb 20, 2009
—
Valley Busn Bk
Central Valley Investors I LLC
Quit Claim Deed
—
Jul 1, 2004
—
Central Valley Investors I LLC
Visalia Investment Group Gp
Grant Deed
$2,170,000 · First National Bank
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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