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Property profile & analytics
FOR SALE
Medical Office Space
1601 Mchenry Village Way Modesto, CA 95350
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2447509
For Sale
1 / 24
$1,200,000
1601 Mchenry Village Way, Modesto, CA 95350
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1956
Construction
TILT-UP CONCRETE
Total area
2,275 SF
Lot
0.11 ac (4,791 SF)
APN
120-033-019-000
UPID
US09-2447509
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
-
Paregian Sam DDS, MS Dental Office
-
Modesto Maxillofacial Radiology Medical Clinic
-
Dental Design Studio - Rimmie K Pandher, DMD Dental Office
-
Dr. Raminder K. Pandher, DMD Dental Office
-
Marvin D Dpm Ricks Physician
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
Fitzpatrick,mary L 2018 Living Trust · 8 yrs held
Fitzpatrick,mary L 2018 Living Trust
since 2018
5 recorded transactions
Zoning & alternative use
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 Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,893
Tax year 2024
Assessed value
$351,684
Assessed 2024
Previous assessed
$351,684
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$114,297
Assessed improvement
$237,387
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
For Sale
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
2,275 SF
Lot
0.11 ac (4,791 SF)
APN
120-033-019-000
UPID
US09-2447509
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Fitzpatrick,mary L 2018 Living Trust
Trust
Mailing address
2420 WALNUT PARK DR, MODESTO, CA 95355-9594
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2018
—
Fitzpatrick,mary L 2018 Living Trust
Fitzpatrick,mary L
Quit Claim Deed
related
—
Sep 24, 2010
—
Mary L Fitzpatrick
Fitzpatrick,mary
Quit Claim Deed
related
$116,000 · Success Cap Expansion & Dev Co
Sep 3, 2010
$280,000
Mary Fitzpatrick
Bacchus Vineyards INC
Grant Deed
$140,000 · Bank Of The West
—
—
Mary L Fitzpatrick
—
Deed Of Trust
related
$230,000 · Bank Of America
—
—
Vineyard Bacchus
—
Deed Of Trust
related
$300,000 · Sanwa Bank California
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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