1156 Leland AveTulare, CA 93274

Property Details for 1156 Leland Ave

Lot size

0.41 AC

Property type

Office properties

Property subtype

Office buildings

APN

149-130-044-000

APU

149130044000

Description

This exceptional 18,414 square foot commercial lot is situated at 1156 Leland Avenue in Tulare, California, within the Del Lago Professional Center. The property, identified by APN 149-130-044, presents a rare opportunity to acquire one of the last remaining undeveloped parcels in this thriving area. Its strategic location on Leland Avenue, conveniently accessible from Hillman Street, offers excellent visibility and accessibility. The Del Lago Professional Center is partially developed, ensuring a blend of established businesses and growth potential. The lot benefits from proximity to major shopping destinations, including the Tulare Outlet Mall and Plaza Del Lago, providing ample customer traffic and convenience. Furthermore, its northern Tulare location offers easy access to Visalia via Hillman Street or Demaree Street, expanding its market reach. Priced at $276,225, this commercial lot represents a significant investment opportunity in a rapidly developing area of Tulare, California. The property's size and location make it suitable for a variety of commercial uses. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth area. The zip code is 93274.

• CAP approach

  CAP return

  Valuation

  6%

  $2,504,302

  6.5%

  $2,311,663

  7%

  $2,146,544

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,345,738

  Geo Method

  $3,359,176

• Alternative Use

  Use

  Valuation

  Residential

  $2,866,462

  Hospitality

  $2,625,664

  Educational

  $2,184,522

  Medical

  $2,259,651

  Retail

  $3,398,145

Location Insight

City

Tulare

County

Tulare

State

California

Latitude

36.2302

Longitude

-119.329

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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