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Property profile & analytics
OFF-MARKET
Office Spaces

145 Newmark Ave Parlier, CA 93648

7,878 SF 1.72 ac lot Built 2005
Property ID
Property summary
AI-generated overview

This 7,878 square foot Class B medical office building, located at 145 S. Newmark Avenue in Parlier, CA, is offered for sale at $2,324,000 ($295/sq ft). Built in 2005, this property features three fully equipped medical/dental operatories, pre- and post-op areas, reception, waiting, and administrative offices, multiple restrooms, and an employee lounge. The building is fully self-contained with on-site electrical, data, and telecommunications. Ample parking is provided at a rate exceeding 5.2 spaces per 1,000 square feet. Situated on a 1.72-acre lot (APN 355-041-16) zoned C-4, the property benefits from its location on Newmark Avenue, south of the major East-West arterial Manning Avenue, providing convenient access to Highway 99 and nearby ancillary services. The building is OSHPD compliant and represents a significant value, priced well below replacement cost. This is an ideal owner-user opportunity in an underserved region, offering a "plug and play" setup subject to licensing. The property's attractive architectural design and established community further enhance its appeal.

Property profile
Verified
Property type Office Spaces
Year built 2005
Total area 7,878 SF
Lot 1.72 ac (74,923 SF)
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
Current use
Occupant on record · Public records
  • Parlier Children's Surgery Center Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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