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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Grocery and convenience stores
898 Visalia Rd Farmersville, CA 93223-1741
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5919211
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1979
Construction
TILT-UP CONCRETE
Total area
4,000 SF
Lot
0.68 ac (29,551 SF)
Zoning code
CG
APN
129-061-012-000
UPID
US09-5919211
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
-
Primo Water Refill Big Box & Wholesale Store
-
Sinclair Grocery & Convenience Store
-
Sam’s Gas and Mini Mart Gas Station
-
Sams Mini Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$814k
Blend (final)
Blend
$690k
Owner & transaction history
Rajabali,shirin N Trust · 6 yrs held
Rajabali,shirin N Trust
since 2019
7 recorded transactions
Zoning & alternative use
CG · Farmersville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide a general commercial area for the sale of commodities or the performance of services to serve the entire community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
137.64 ac
Source
Realmo
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 Farmersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmersville 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
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$173 / 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
$5,953
Tax year 2024
Assessed value
$534,196
Assessed 2024
Previous assessed
$534,196
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$101,386
Assessed improvement
$432,810
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,000 SF
Lot
0.68 ac (29,551 SF)
Zoning code
CG
APN
129-061-012-000
UPID
US09-5919211
Jurisdiction
TULARE
Zoning & alternative use
CG · Farmersville, CAZoning CG · permitted uses
CG · Farmersville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide a general commercial area for the sale of commodities or the performance of services to serve the entire community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
137.64 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Rajabali,shirin N Trust
Trust
Free & Clear · 6 yrs held
Mailing address
14628 VIVA DR, EASTVALE, CA 92880-1083
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2023
—
Sam Qasem Ali Alqabeli
—
Deed
related
$10,000 · Sullivan Petroleum Company LLC
Dec 19, 2019
—
Rajabali,shirin N Trust
Shirin Rajabali
Quit Claim Deed
related
—
Apr 25, 2007
—
City Of Farmersville
Rajabali,nizam T
Grant Deed
—
Aug 14, 2003
—
Nizam T Rajabali
Rajabali,nizam T & Shirin
Quit Claim Deed
related
—
May 8, 2002
$245,000
Nizam T Rajabali
Deeb,salah A & Ellham
Grant Deed
$200,000 · Bank Of The Sierra
Dec 31, 1999
$300,000
Salah A Deeb
Min,duk M
Grant Deed
$288,000 · Heller First Capital
May 20, 1992
$88,000
Choon S Min
Purkiss,robert C
Grant Deed
related
$47,642 · Seller
—
—
Choon S Min
—
Deed Of Trust
related
$83,580 · West Star Environmental INC
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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