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Property profile & analytics
OFF-MARKET
Estimated value
$3,305,000
Medical Office Space
113 Pirie Rd Ojai, CA 93023
Trust Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1460070
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Total area
16,317 SF
Lot
1.8 ac (78,408 SF)
Zoning code
BP
APN
019-0-110-470
UPID
US10-1460070
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
$3.63M
Comparable Approach
Comparable
$4.05M
Blend (final)
Blend
$3.31M
Owner & transaction history
Vadnais Dean & G 2011 Trust · 14 yrs held
Vadnais Dean & G 2011 Trust
since 2012
7 recorded transactions
Zoning & alternative use
BP · Ojai, 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 Ojai submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ojai 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,930,000
6.5%
$3,625,000
7%
$3,365,000
Blend value · Realmo final
$3.31M
Range $2.97M – $3.64M · ±10%
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
$203 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$47,278
Tax year 2023
Assessed value
$3,016,914
Assessed 2024
Previous assessed
$2,957,759
+2.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$1,279,947
Assessed improvement
$1,736,967
Applied tax rate
2.0000
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
Heating
NONE
Rooms
2
Total area
16,317 SF
Lot
1.8 ac (78,408 SF)
Zoning code
BP
APN
019-0-110-470
UPID
US10-1460070
Jurisdiction
VENTURA
Zoning & alternative use
BP · Ojai, CA
Zoning BP · permitted uses
BP · Ojai, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ojai. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Rooms
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Vadnais Dean & G 2011 Trust
Trust
Free & Clear · 14 yrs held
Mailing address
1211 MARICOPA HWY STE #205, OJAI, CA 93023-3159
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2012
—
Vadnais Dean & G 2011 Trust
Vadnais,dean & Gloria
Quit Claim Deed
related
—
Apr 30, 1998
$320,500
Dean Vadnais
Feavel,robert A
Grant Deed
—
Apr 30, 1998
$317,000
Dean Vadnias
Peterson,jerald A
Grant Deed
—
Apr 30, 1998
$167,500
Dean Vadnais
Fauvre,fred
Grant Deed
—
Apr 30, 1998
$155,000
Vadnais,dean & Gloria
Mcniel,john
Trustees Deed
—
Apr 30, 1998
$266,000
Dean Vadnais
Weiser,lynn
Grant Deed
—
Apr 30, 1998
$414,000
Dean Vadnais
Pugh,william L
Grant Deed
—
Apr 30, 1998
$207,500
Dean Vadnais
Thacher,john H
Grant Deed
—
Apr 30, 1998
$66,000
Dean Vadnais
Clausen,jerald F
Grant Deed
—
Apr 30, 1998
$285,000
Dean Vadnais
Brode,william R
Grant Deed
—
Apr 30, 1998
$78,500
Dean Vadnais
Gross,j M
Grant Deed
—
Apr 30, 1998
$213,500
Vadnais,dean & Gloria
Robert Buckingham Trustee
Trustees Deed
—
Apr 27, 1998
$2,222,500
E W Jackson
Arbolda Professional Group LLC
Grant Deed
—
—
—
Arbolada Professional Group Ll
—
Deed Of Trust
related
$689,269 · Bank Of Montecito
—
—
Arbolada Professional Group Ll
—
Deed Of Trust
related
$561,816 · Bank Of Montecito
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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