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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Medical Office Space
204 Pirie Rd Ojai, CA 93023-3135
Individually Owned
7-yr Hold
Free & Clear
Property ID
US10-1479804
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Total area
3,538 SF
Lot
0.52 ac (22,651 SF)
Zoning code
R2
APN
019-0-110-420
UPID
US10-1479804
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
-
Ojai Valley Comm Hospital Multi Hospital
-
Ventura Cardiology Consultants: Kong Jr Thomas Q MD Physician
-
Ventura Cardiology Consultants: Friedman Newton J MD Physician
-
Richard M. Lowenthal, M.D. Physician Medical Clinic
-
Jonathan Wong DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$775k
Blend (final)
Blend
$850k
Owner & transaction history
Jan M Komura · 7 yrs held
Jan M Komura
since 2019
6 recorded transactions
Zoning & alternative use
R2 · Ojai, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+0.5%
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%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,345,000
Current use
OFFICE BUILDING
$1,350,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,325,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$240 / 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
$13,819
Tax year 2023
Assessed value
$1,044,429
Assessed 2024
Previous assessed
$1,023,950
+2.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$601,505
Assessed improvement
$442,924
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
1974
Heating
NONE
Total area
3,538 SF
Lot
0.52 ac (22,651 SF)
Zoning code
R2
APN
019-0-110-420
UPID
US10-1479804
Jurisdiction
VENTURA
Zoning & alternative use
R2 · Ojai, CA
Zoning R2 · permitted uses
R2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1974
Heating
NONE
Lot
0.52 ac
Current owner
From public records · entity-resolved
Jan M Komura
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 997, OJAI, CA 93024-0997
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2022
—
Jan M Komura
—
Deed
related
$750,000 · Mechanics Bank
Mar 27, 2019
$955,000
Jan M Komura
Constance J Dalto
Grant Deed
—
Mar 27, 2019
—
Jan M Komura
Wong,jonathan S
Quit Claim Deed
—
Oct 25, 2018
—
Carson Family Trust
Carson,robert W & Mary E
Affidavit Of Death
related
—
—
—
Carson Trust
—
Deed Of Trust
related
$175,000 · Gould Trust
—
—
Robert W Carson
—
Deed Of Trust
related
$165,000 · Security Pacific 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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