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Property profile & analytics
OFF-MARKET
Estimated value
$2,470,000
Apartment buildings
709 Houston Ave Visalia, CA 93292-3812
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5997156
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
7,200 SF
Lot
0.54 ac (23,696 SF)
Zoning code
RM2
APN
094-130-010-000
UPID
US09-5997156
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
$2.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$2.47M
Owner & transaction history
Delgado Investments INC · 3 yrs held
Delgado Investments INC
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
RM2 · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.9M
+99.7%
Commercial (general)
$2.0M
+36.8%
Medical building
$1.6M
+8.4%
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
$2,395,000
ML approach
$2,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,890,000
Change: +100% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,980,000
Change: +37% · Conversion: Moderate
MEDICAL BUILDING
$1,570,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$2.47M
Range $2.22M – $2.72M · ±10% · vs last sale $2.55M (Jun 28 2023)
Last sale anchor
$2.55M
Jun 28 2023
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
$343 / 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
$11,506
Tax year 2024
Assessed value
$1,071,000
Assessed 2024
Previous assessed
$1,071,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$140,760
Assessed improvement
$930,240
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
2
Units
9
Bathrooms
9
Total area
7,200 SF
Lot
0.54 ac (23,696 SF)
Zoning code
RM2
APN
094-130-010-000
UPID
US09-5997156
Jurisdiction
TULARE
Zoning & alternative use
RM2 · Visalia, CA
Zoning RM2 · permitted uses
RM2 · 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
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL 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
1979
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
3
Units
9
Bathrooms
9
Lot
0.54 ac
Current owner
From public records · entity-resolved
Delgado Investments INC
Entity
Mailing address
450 BURNEY STD, MODESTO, CA 95354-1319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
—
Delgado Investments INC
—
Deed
related
$967,000 · Tri Counties Bank
Jun 28, 2023
$2,550,000
Delgado Investments INC
Dionisio M Cruz
Grant Deed
—
Nov 10, 2022
$2,600,000
Dionisio M Cruz
John August Wind
Grant Deed
—
Oct 18, 2022
—
Blane Evan Warhurst
B E W E Properties 2 LLC
Grant Deed
—
Dec 21, 2021
—
B E W E Properties 2 LLC
John August Wind
Grant Deed
$1,000,000 · Fremont Bank
Sep 10, 2020
$1,750,000
Blane & Margaret Warhurs Trust
Endorstream Exchange Co LLC
Grant Deed
$2,095,000 · Endorstream Exchange Co LLC
Feb 28, 2008
$1,300,000
David H Hussain
Ayad Hussain
Grant Deed
related
$842,500 · Washington Mutual Bank
May 4, 2005
—
Hussain Ayad Trust
Hussain Trust
Quit Claim Deed
related
$1,600,000 · Jane E Hussain
Sep 15, 2004
$1,300,000
Hussain Trust
Becker,howard M & Joy A
Grant Deed
$800,000 · Citibank West Fsb
—
—
1 Windward
—
Deed Of Trust
related
$39,017 · Visalia City Com
—
—
1 Windward
—
Deed Of Trust
related
$31,214 · Visalia City (ca)
—
—
Hussain,david H Trust
—
Deed Of Trust
related
$350,000 · Taj-eldin Family Trust (pt)
—
—
1 Windward
—
Deed Of Trust
related
$280,000 · Bank Of America
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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