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Property profile & analytics
OFF-MARKET
Estimated value
$5,730,000
Industrial land
837 Industrial Ave Tulare, CA 93274-6499
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6107029
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,237 SF
Lot
5.57 ac (242,629 SF)
Zoning code
M2
APN
191-330-006-000
UPID
US09-6107029
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
-
Mighty Auto Parts Corporate Office
-
Southern Tire Mart Wholesale (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.73M
CAP Approach
CAP
$3.96M
Comparable Approach
Comparable
$4.38M
Blend (final)
Blend
$5.73M
Owner & transaction history
Duff Real Estate LLC · 2 yrs held
Duff Real Estate LLC
since 2024
Last sale
$5.7M
4 recorded transactions
Zoning & alternative use
M2 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.9M
+88.6%
Retail stores
$6.3M
+33.2%
Apartment house (5+ units)
$6.0M
+27.1%
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 Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare 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
$5,730,000
ML approach
$5,730,000
CAP Approach
CAP Return
Estimation
6%
$4,290,000
6.5%
$3,960,000
7%
$3,680,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,730,000
Current use
MEDICAL BUILDING
$8,925,000
Change: +89% · Conversion: Difficult
RETAIL STORES
$6,305,000
Change: +33% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$6,015,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$5,705,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$5.73M
Range $5.16M – $6.30M · ±10% · vs last sale $5.73M (Jun 11 2024)
Last sale anchor
$5.73M
Jun 11 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
$130 / 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
$34,100
Tax year 2024
Assessed value
$3,071,477
Assessed 2024
Previous assessed
$3,071,477
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$375,812
Assessed improvement
$2,695,665
Applied tax rate
5.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
44,237 SF
Lot
5.57 ac (242,629 SF)
Zoning code
M2
APN
191-330-006-000
UPID
US09-6107029
Jurisdiction
TULARE
Zoning & alternative use
M2 · Tulare, CA
Zoning M2 · permitted uses
M2 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$8.9M
RETAIL STORES
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.0M
OFFICE BUILDING
Est. value
$5.7M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE 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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
5.57 ac
Current owner
From public records · entity-resolved
Duff Real Estate LLC
Entity
Mailing address
800 HWY 98TH BYPUS, COLUMBIA, MS 39429-8255
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
$5,730,000
Duff Real Estate LLC
Tulare Firestone INC
Grant Deed
$4,870 · Renasant Bank
Oct 19, 2016
—
Tulare Firestone
—
Deed
related
$1,800,000 · Citizens Business Bank
Dec 1, 2005
—
Tulare Firestone
—
Trustees Deed
related
$1,450,000 · Citizens Business Bank
Dec 2, 2004
$320,500
Tulare Firestone
Zappas William R Trust
Grant Deed
—
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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