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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Medical Office Space
2150 Scenic Dr Modesto, CA 95355-4402
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-2369887
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1962
Construction
WOOD
Total area
3,646 SF
Lot
0.55 ac (23,958 SF)
APN
034-012-001-000
UPID
US09-2369887
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
-
Baker Family Chiropractic Center Alternative Medicine Practice
-
Baker Family Chiropractic Center: Starace William DC Alternative Medicine Practice
-
Baker Jon P DC Alternative Medicine Practice
-
James Ferrell Alternative Medicine Practice
-
Brian J. Herline, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$555k
Owner & transaction history
Herline Properties LLC · 7 yrs held
Herline Properties LLC
since 2018
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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$152 / 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
$5,607
Tax year 2024
Assessed value
$492,138
Assessed 2024
Previous assessed
$492,138
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$184,278
Assessed improvement
$307,860
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
1962
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
3,646 SF
Lot
0.55 ac (23,958 SF)
APN
034-012-001-000
UPID
US09-2369887
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
1962
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Herline Properties LLC
Entity
Mailing address
2150 SCENIC DR, MODESTO, CA 95355-4402
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
—
Herline Properties LLC
—
Deed
related
$368,389 · Bmo Bank NA
Sep 5, 2018
$450,000
Herline Properties LLC
Baker,teresa
Grant Deed
$439,300 · Bank Of The West
Oct 17, 2006
—
Teresa Baker
Baker,jon & Teresa
Quit Claim Deed
related
—
Feb 23, 1999
—
Jon Bbaker
Bbaker,jon P
Quit Claim Deed
related
$280,000 · Modesto Commerce Bank
Oct 2, 1989
—
Jon P Baker
Baker,teresa M
Quit Claim Deed
related
$200,000 · Modesto Banking Co
Oct 2, 1989
$214,500
Baker,jon P
Us Properties Tr
Trustees Deed
—
—
—
Jon P Baker
—
Deed Of Trust
related
$210,000 · Pacific Valley National Bank
—
—
Jon P Baker
—
Deed Of Trust
related
$30,000 · Westamerica Bank
—
—
Jon P Baker
—
Deed Of Trust
related
$200,000 · Modesto Banking Co
—
—
Teresa M Baker
—
Deed Of Trust
related
$70,000 · Sherry K Brasher
—
—
Teresa M Baker
—
Deed Of Trust
related
$35,150 · Frederick Murphy
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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