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2127 S Giddings St 10,000 SF Specialty Building Offered at $999,000 at a 7.21% Cap Rate in Visalia, CA 93277
Executive Summary
.88 ac.
Currently leased to a local church for $6k/m (NNN), 7.2% Cap Rate. Tenant has a two-year lease to purchase option with a one-year lease extension.
Currently leased to a local church for $6k/m (NNN), 7.2% Cap Rate. Tenant has a two-year lease to purchase option with a one-year lease extension.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $999,000 | Building Class | C |
| Price Per SF | $99.90 | Lot Size | 0.88 AC |
| Sale Type | Investment or Owner User | Building Size | 10,000 SF |
| Cap Rate | 7.21% | No. Stories | 2 |
| Sale Condition | 1031 Exchange | Year Built | 1997 |
| Property Type | Specialty | Parking Ratio | 4.2/1,000 SF |
| Property Subtype | Religious Facility | ||
| Zoning | R16 - R1 zoning, religious use, daycare allowed with CUP | ||
| Price | $999,000 |
| Price Per SF | $99.90 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.21% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 10,000 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Parking Ratio | 4.2/1,000 SF |
| Zoning | R16 - R1 zoning, religious use, daycare allowed with CUP |
Amenities
- Smoke Detector
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 122-051-032-000 | Improvements Assessment | $518,954 (2025) |
| Land Assessment | $21,620 (2025) | Total Assessment | $540,574 (2025) |
Property Taxes
Parcel Number
122-051-032-000
Land Assessment
$21,620 (2025)
Improvements Assessment
$518,954 (2025)
Total Assessment
$540,574 (2025)
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2127 S Giddings St
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