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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Medical Office Space
1605 Timothy Ave Modesto, CA 95350-4403
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1322193
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
WOOD
Total area
3,433 SF
Lot
0.24 ac (10,454 SF)
APN
119-004-017-000
UPID
US09-1322193
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
-
Soderstrom Peter T DDS Dental Office Physician
-
Good Dog Dog Training Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$840k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Donna Soderstrom · 3 yrs held
Donna Soderstrom
since 2023
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,120,000
Current use
COMMERCIAL (GENERAL)
$1,055,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$217 / 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
$9,830
Tax year 2024
Assessed value
$862,747
Assessed 2024
Previous assessed
$862,747
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$91,256
Assessed improvement
$771,491
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
1990
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
3,433 SF
Lot
0.24 ac (10,454 SF)
APN
119-004-017-000
UPID
US09-1322193
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING Current
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
1990
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Donna Soderstrom
Individual
Mailing address
1605 TIMOTHY AVE, MODESTO, CA 95350-4403
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2023
—
Donna Soderstrom
Donna Soderstrom
Intrafamily Transfer
related
—
Dec 20, 2021
—
Peter T Soderstrom
Peter T Soderstrom
Intrafamily Transfer
related
—
Jan 23, 2020
—
Soderstrom,p & M Living Trust
Peter T Soderstrom
Quit Claim Deed
related
—
Jan 15, 2010
—
Peter T Soderstrom
Soderstrom,melissa L
Quit Claim Deed
related
$250,000 · Modesto Commerce Bank
Nov 10, 2009
—
Andrew Soderstrom
Schaeffer R L & H 2000 Trust
Quit Claim Deed
related
—
Apr 6, 2000
—
Andrew P Soderstrom
Soderstrom,donna & Andrew
Quit Claim Deed
related
$400,000 · Modesto Commerce Bank
May 13, 1992
—
Andrew P Soderstrom
Soderstrom,donna
Quit Claim Deed
related
$412,000 · Wells Fargo Bank
May 29, 1991
—
Trus Sonderstrom
—
Grant Deed
related
$380,000 · El Capitan National Bank
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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