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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Grocery and convenience stores
951 Hermosa St Lindsay, CA 93247-1852
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-5984708
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1998
Construction
WOOD
Total area
3,500 SF
Lot
1.15 ac (50,093 SF)
APN
199-200-030-000
UPID
US09-5984708
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
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$616k
Blend (final)
Blend
$740k
Owner & transaction history
Simonyan Holdings LLC · 11 yrs held
Simonyan Holdings LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lindsay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lindsay 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$211 / 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
$19,909
Tax year 2024
Assessed value
$1,692,070
Assessed 2024
Previous assessed
$1,692,070
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$589,170
Assessed improvement
$1,102,900
Applied tax rate
3.0000
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
1998
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
3,500 SF
Lot
1.15 ac (50,093 SF)
APN
199-200-030-000
UPID
US09-5984708
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
Simonyan Holdings LLC
Entity
Mailing address
951 W HERMOSA ST, LINDSAY, CA 93247-1852
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Mar 31, 2015
$2,400,000
Simonyan Holdings LLC
Singh Kailey Prehlad
Grant Deed
$2,510,000 · Mission Valley Bank
Nov 26, 2008
$300,000
Prehlad S Kailey
Quick-mart
Grant Deed
$925,000 · Mandhir S Tung
Sep 7, 2007
—
Quick-mart
Pannu,shivraj S
Quit Claim Deed
related
—
Nov 9, 2005
$80,000
Quick-mart
Shahi,maninder S
Grant Deed
—
May 26, 2005
$1,650,000
Maninder Shahi
R M Parks INC
Grant Deed
$1,582,000 · Community National Bank
Jun 10, 1997
—
R M Parks INC
Smith,walter C
Grant Deed
related
—
—
—
R M Parks INC
—
Deed Of Trust
related
$319,000 · Tulare County Economic Dev Cor
—
—
Quick-mart
—
Deed Of Trust
related
$450,000 · Mandhir Singh
—
—
Prehlad S Kailey
—
Deed Of Trust
related
$1,470,500 · Borrego Springs 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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