Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Sports & entertainment properties
909 Demaree St Visalia, CA 93291-4103
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6074011
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1978
Construction
WOOD
Total area
18,198 SF
Lot
4.83 ac (210,394 SF)
Zoning code
R-1-6
APN
085-212-019-000
UPID
US09-6074011
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
-
In-Shape Family Fitness Gym & Fitness Center
-
Cliff Drys Dale Tennis Tutoring Service Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
R & R Demaree LLC · 15 yrs held
R & R Demaree LLC
since 2010
7 recorded transactions
Zoning & alternative use
R-1-6 · Visalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+32.0%
Office building
$2.2M
+23.8%
Retail stores
$2.0M
+9.0%
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
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,810,000
Current use
MEDICAL BUILDING
$2,390,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$2,245,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$1,975,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,485,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±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
$99 / 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
$46,488
Tax year 2024
Assessed value
$4,332,231
Assessed 2024
Previous assessed
$4,332,231
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,256,102
Assessed improvement
$3,076,129
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
18,198 SF
Lot
4.83 ac (210,394 SF)
Zoning code
R-1-6
APN
085-212-019-000
UPID
US09-6074011
Jurisdiction
TULARE
Zoning & alternative use
R-1-6 · Visalia, CA
Zoning R-1-6 · permitted uses
R-1-6 · 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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1978
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
4.83 ac
Current owner
From public records · entity-resolved
R & R Demaree LLC
Entity
Mailing address
6 S EL DORADO ST STE #700, STOCKTON, CA 95202-2804
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2010
—
R & R Demaree LLC
R & R Development Company LLC
Grant Deed
$2,990,000 · Umpqua Bank
Mar 31, 2008
—
R & R Dev Co LLC
Visalia Racquet Club
Grant Deed
$1,662,500 · Umpqua Bank
—
—
Visalia Racquet Club
—
Deed Of Trust
related
$300,000 · Kaweah National Bank
—
—
R & R Demaree LLC
—
Loan Modification
related
$2,756,688 · Umpqua Bk
—
—
Visalia Racquet Club
—
Deed Of Trust
related
$300,000 · Individual
—
—
Visalia Racquet Club
—
Deed Of Trust
related
$106,952 · Troy L Korsgaden
—
—
Visalia Racquet Club
—
Deed Of Trust
related
$1,100,000 · Money Store Commercial Mtg
—
—
Visalia Racquet Club
—
Deed Of Trust
related
$100,000 · Visalia Community Bank
—
—
Racquet Visalia
—
Deed Of Trust
related
$350,000 · Sierra Eye Medic
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 909 Demaree St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
