New search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Medical Office Space
1080 Cherry St Tulare, CA 93274-2251
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-5861324
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Construction
WOOD
Total area
2,432 SF
Lot
0.31 ac (13,553 SF)
Zoning code
C3
APN
170-340-021-000
UPID
US09-5861324
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
-
Timothy J Bunnell, DDS Dental Office
-
Central Valley Dental Implant & Oral Surgery Institute Dental Office
-
Robert E. Bell, DDS Dental Office
-
Smith David J DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$516k
Blend (final)
Blend
$595k
Owner & transaction history
Lefort Properties LLC
Lefort Properties LLC
since 2026
Last sale
$687,500
7 recorded transactions
Zoning & alternative use
C3 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$975,000
+99.0%
Commercial (general)
$595,000
+20.8%
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 Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare 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
Method
Estimation
Statistic approach
$615,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$495,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$490,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$975,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$595,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $688k (Dec 4 2023)
Last sale anchor
$688k
Dec 4 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$245 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,592
Tax year 2024
Assessed value
$593,784
Assessed 2024
Previous assessed
$593,784
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$166,211
Assessed improvement
$427,573
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
1993
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,432 SF
Lot
0.31 ac (13,553 SF)
Zoning code
C3
APN
170-340-021-000
UPID
US09-5861324
Jurisdiction
TULARE
Zoning & alternative use
C3 · Tulare, CA
Zoning C3 · permitted uses
C3 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$490,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$975,000
COMMERCIAL (GENERAL)
Est. value
$595,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Lefort Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1116 N CHINOWTH ST, VISALIA, CA 93291-7896
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2026
$233,000
Lefort Properties LLC
Terry R Wood
Grant Deed
—
Mar 17, 2026
—
Lefort Properties LLC
—
Deed
related
$500,000 · Terry R Wood
Jan 28, 2026
—
Terry R Wood
Humble Commercial Properties LLC
Grant Deed
—
Dec 4, 2023
$687,500
Lefort Properties LLC
Humble Commercial Properties LLC
Grant Deed
—
Jul 9, 2015
—
Humble Commercial Properties
Bell-crane-wood Leasing LLC
Quit Claim Deed
related
—
Oct 22, 2003
$403,636
Bell Crane & Wood Leasing LLC
Taylor,brian F
Grant Deed
$320,000 · Brian F Taylor
Oct 22, 2003
—
Bell Crane & Wood Leasing LLC
Taylor,brian F
Grant Deed
related
—
Nov 23, 1992
$120,000
Brian F Taylor
Tulare,local Hos
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1080 Cherry St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
