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    Medical Office Building For Sale Title is generated by Realmo AI

    145 S Newmark Ave, Parlier, CA

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    7,878 SF medical office building in Parlier, CA.

    Type:OFFICE
    Property size:
    7,878 SF
    Lot size:
    1.70 Acres
    Price / SF:
    $279/SF
    Added:
    Feb 13, 2025
    Days on Market:
    482
    Last Refresh:
    May 20 at 9:05 pm

    Property Features for 145 S Newmark Ave

    General Information

    Standard status
    Active
    Size
    7,878 SF
    Lot size
    1.70 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Phil Souza

    Listing agent Phil Souza

    Listing office Newmark Pearson Commercial | Fresno

    Listing date Feb 13, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Newmark Pearson Commercial | Fresno

    HighLights

    • Formerly an ambulatory surgery center constructed in 2005.
    • Features three fully functioning medical/dental operatories.
    • Includes pre‑op and post‑op facilities.
    • Ample parking at over 5.2 spaces per 1,000 SF.
    • State‑of‑the‑art architectural design.
    • Fully self‑contained with on‑site electrical, data, and telecommunications.

    Overview

    The subject building, constructed in 2005, formerly housed an ambulatory surgery center. The 7,878 square foot building features a state-of-the-art architectural design, including three fully functioning medical/dental operatories, pre-op and post-op facilities, a reception area, waiting area, and records management offices. It also contains administrative offices, multiple restrooms, and an employee lounge. The entire facility is fully self-contained with on-site electrical, data, and telecommunications functions. Ample parking is provided at over 5.2 spaces per 1,000 square feet.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $193.8k $24.60
    − Vacancy −$8.1k −$1.03
    EGI $185.7k $23.57
    − OpEx −$74.3k −$9.43
    NOI $111.4k $14.14
    7,878 SF · lease $24.60/SF/yr · vacancy 4.20% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $1.59M
    $1.39M – $1.86M (±1% cap)
    NOI $111,396 @ 7.0% cap · market cap 5.06%
    Second Best
    Office B
    $1.35M
    $1.18M – $1.58M (±1% cap)
    NOI $94,516 @ 7.0% cap · market cap 4.30%
    Theoretical Best
    Office A
    $2.23M
    $1.95M – $2.60M (±1% cap)
    NOI $156,298 @ 7.0% cap · market cap 7.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Parlier Children's Surgery ... Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Parlier
    County
    Fresno
    State
    California
    Longitude
    -119.53
    Latitude
    36.6064

    FAQs

    What type of property is this?
    Medical Office Space - 7,878 SF medical office building in Parlier, CA.
    Where is this medical office space located?
    The property is located at 145 S Newmark Ave Parlier, CA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Formerly an ambulatory surgery center constructed in 2005.; Features **three fully functioning medical/dental operatories.**; Includes pre‑op and post‑op facilities.
    (559) 970-8081 Call to check price and availability
    More about this property
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