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Property profile & analytics
OFF-MARKET
Medical Office Space
1033 Fulton St Fresno, CA 93728-3413
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-2687934
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1959
Construction
WOOD
Total area
1,750 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CMS
APN
452-112-11
UPID
US09-2687934
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gerardo Madrigal · 2 yrs held
Gerardo Madrigal
since 2023
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
CMS · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,475
Tax year 2023
Assessed value
$98,986
Assessed 2023
Previous assessed
$98,986
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$48,285
Assessed improvement
$50,701
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,750 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CMS
APN
452-112-11
UPID
US09-2687934
Jurisdiction
FRESNO
Zoning & alternative use
CMS · Fresno, CA
Zoning CMS · permitted uses
CMS · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fresno. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gerardo Madrigal
Individual
Mailing address
4505 N ARCHIE AVE, FRESNO, CA 93726-2641
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2023
$350,000
Gerardo Madrigal
3rd Rock Ventures LLC
Grant Deed
$325,000 · Calprivate Bank
Oct 20, 2020
—
3rd Rock Ventures LLC
—
Deed
related
$150,000 · Howe Insurance Trust
Oct 11, 2019
—
Third Rock Ventures LLC
Jack N Brooks III
Correction Deed
related
$200,000 · Standard Credit
Apr 10, 2012
—
Third Rock Ventures LLC
Brooks,jack N III
Grant Deed
—
Oct 5, 2011
$82,000
Jack N Brooks III
Imperatrice,laurence & Patricia A
Grant Deed
—
Jun 22, 2005
—
Anthony L Imperatrice
Imperatrice,patricia A
Quit Claim Deed
related
—
Aug 9, 2002
$115,000
Patricia Imperatrice
Potikian,tr
Grant Deed
—
—
—
3rd Rock Ventures LLC
—
Deed Of Trust
related
$200,000 · Standard Credit
—
—
3rd Rock Ventures LLC
—
Deed Of Trust
related
$150,000 · Howe Insurance Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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