Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9951 W Legacy Ave Visalia, CA 93291
    Back to Search
    Property profile & analytics

    9951 W Legacy Ave, Visalia, CA 93291

    View on Map
    • Industrial properties
    • 12,100 SF
    • 0.98 lot acres
    For Lease
    $1.10 SF/Yr
    View Listing →
    Industrial Warehouse/Office in Visalia Park For Lease
    $1.10 SF/Yr
    7,791 SF

    Industrial Warehouse/Office in Visalia Park

    Warehouse/office space with parking, security, and fenced yard.

    9951 W Legacy Ave, Visalia, CA
    View Listing
    Property ID
    US09-6067876
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Party Works / Party Supply Store / (Bike/Boat/Book/etc) Store

    Property Details for 9951 W Legacy Ave

    Year built
    2009
    Construction
    STEEL FRAME
    Lot size
    0.98 lot acres
    Zone code
    IL
    Property type
    Industrial properties
    APN
    081-130-084-000
    APU
    81130084000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,958,000
      Market price range: $473k - $2.30M

    • Alternative Use

      Use
      Estimation
      LUMBERYARD, BUILDING MATERIALS
      $1,240,000
      Current use
      COMMERCIAL (GENERAL)
      $3,325,000
      Change: +168% Conversion: Difficult
      MEDICAL BUILDING
      $2,635,000
      Change: +113% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,430,000
      Change: +96% Conversion: Difficult
      OFFICE BUILDING
      $1,875,000
      Change: +51% Conversion: Difficult
      RETAIL STORES
      $1,865,000
      Change: +50% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.402
    Latitude
    36.3348
    CBSA code
    47300
    CBSA name
    VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,808
    $240,552
    $1,272,614
    $1,513,166
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.38 Acres

      2495 American St

      Land
      2495 American St, Visalia, CA 93291
      View Details
    • Value Estimation by Request
      6,620 SF

      30646 Road 52

      Distribution properties
      30646 Road 52, Visalia, CA 93291
      View Details
    • Value Estimation by Request
      70,000 SF

      7730 Sunnyview Ave

      Distribution properties
      7730 Sunnyview Ave, Visalia, CA 93291
      View Details
    • Value Estimation
      $1,635,000
      121,800 SF

      900 Plz Dr

      LUMBERYARD, BUILDING MATERIALS
      900 Plz Dr, Visalia, CA 93291-8826
      View Details
    • Value Estimation
      $14,970,000
      426,047 SF

      Visalia, CA 93291

      LUMBERYARD, BUILDING MATERIALS
      Visalia, CA 93291
      View Details
    • Value Estimation by Request
      72,000 SF

      7730 Sunnyview Ave

      Distribution properties
      7730 Sunnyview Ave, Visalia, CA 93291
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      110,206 SF

      New Industrial Warehouse Space Available

      Under construction industrial warehouse with high visibility and easy access.
      30078 Bradham Dr, Visalia, CA 93291
      View Details
    • $1,332,000
      5.00 Acres

      Visalia Industrial Park Land Parcel

      5-acre industrial-zoned land with approved self-storage facility plans.
      7930 W Sunnyview Ave, Visalia, CA 93291
      View Details
    • Contact for pricing
      11,175 SF

      Freestanding Building with Remodeled Office

      Freestanding building with remodeled office, secure yard, and high visibility.
      10417 W Goshen Ave, Visalia, CA 93291
      View Details
    • Contact for pricing
      39,000 SF

      New Industrial Center For Sale

      New industrial center with 39,000+/- sq ft, completion December 2025.
      1315 N Nevada St, Visalia, CA 93291
      View Details
    • Contact for pricing
      70,000 SF

      New Construction Light Industrial Warehouse

      New construction warehouse with roll-up door and two entrances.
      2421 Clancy St, Visalia, CA 93291
      View Details
    • Contact for pricing
      7,430 SF

      Visalia Industrial Buildings with Yard

      Two warehouse buildings with office space and fenced yard.
      30646 Road 52, Visalia, CA 93291
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Visalia Flex and Industrial Space

      Flex and industrial space available for rent in Visalia, CA.
      1619 N Plaza Dr, Visalia, CA 93291
      View Details
    • Contact for pricing
      209,644 SF

      Visalia Warehouse Space Available

      Available warehouse space totaling approximately 209,664 square feet in Visalia.
      8505 West Doe Ave, Visalia, CA 93291
      View Details
    • Contact for pricing
      632,234 SF

      Visalia Warehouse with Climate Control

      Large industrial warehouse with convenient highway access and climate control.
      2500 N Plaza Dr, Visalia, CA 93291
      View Details
    • Contact for pricing
      67,000 SF

      Visalia Industrial Space For Lease

      67,000 SF industrial space with convenient highway access.
      9945 W Goshen Ave, Visalia, CA 93291
      View Details
    • Contact for pricing
      322,640 SF

      Visalia Industrial Space For Lease

      322,640 SF industrial space with secured access.
      320 Keebler And Plz Dr, Visalia, CA 93291
      View Details
    • Contact for pricing
      535,540 SF

      Visalia Distribution Warehouse For Rent

      535,540 SF distribution warehouse available for rent in Visalia.
      2045 N Plaza Dr, Visalia, CA 93291
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9951 W Legacy Ave
    Visalia, CA 93291
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9951 W Legacy Ave, Visalia, CA, 93291
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!