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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
216 Pne St Exeter, CA 93221-1750
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1750961
Property summary
AI-generated overview
This exceptional Class A office building, constructed in 1925, offers 4,500 square feet of versatile space in Exeter, CA, situated at 216 E Pine St, 93221. The property, located in the Visalia/Porterville submarket (Visalia retail market cluster), is conveniently located off CA-65, providing easy highway access. The building features two suites, each a minimum of 2,250 square feet and a maximum of 4,500 square feet contiguous space, making it ideal for a variety of businesses. Each suite boasts a functional layout with private offices, open work areas, and private restrooms, offering flexibility for diverse operational needs. Ample parking is available on both the north and west sides of the building, along Pine Street and E Street. The 0.05-acre lot provides convenient access and visibility. This two-story building presents a unique opportunity for businesses seeking a well-maintained, centrally located office space in a thriving community. The property is zoned for both traditional office and medical office uses. The APN is 135-134-010.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1925
Construction
TILT-UP CONCRETE
Total area
4,500 SF
Lot
0.06 ac (2,449 SF)
Zoning code
CC
APN
135-134-010-000
UPID
US10-1750961
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
-
Pine Street Pediatrics Medical Clinic
-
Dr. Kealani K Sine Pediatrician Medical Clinic
-
Lisa Higgins Physician
-
Dr. David Sine Pediatrician Medical Clinic
-
Rosie Rodarte Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$653k
Blend (final)
Blend
$600k
Owner & transaction history
Frederick Johnathan Cline · 2 yrs held
Frederick Johnathan Cline
since 2023
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
CC · Exeter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$910,000
+44.1%
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 Exeter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exeter 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
$490,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$630,000
Current use
MEDICAL BUILDING
$910,000
Change: +44% · Conversion: Easy
RETAIL STORES
$570,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$525,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Jul 31 2023)
Last sale anchor
$600k
Jul 31 2023
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
$133 / 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
$6,679
Tax year 2024
Assessed value
$600,000
Assessed 2024
Previous assessed
$600,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$75,000
Assessed improvement
$525,000
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
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Bathrooms
3
Total area
4,500 SF
Lot
0.06 ac (2,449 SF)
Zoning code
CC
APN
135-134-010-000
UPID
US10-1750961
Jurisdiction
TULARE
Zoning & alternative use
CC · Exeter, CA
Zoning CC · permitted uses
CC · Exeter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Exeter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$630,000
MEDICAL BUILDING
Est. value
$910,000
RETAIL STORES
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$525,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Bathrooms
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Frederick Johnathan Cline
Individual
Mailing address
1595 E CHEVY CHASE DR APT #30, GLENDALE, CA 91206-2878
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Aug 16, 2024
—
Frederick Johnathan Cline
—
Deed
related
$125,000 · Community West Bank NA
Jul 31, 2023
$600,000
Frederick Johnathan Cline
David A Sine
Grant Deed
—
Jul 31, 2023
—
David A Sine
California Pediatric Hospitalists
Quit Claim Deed
related
—
Aug 28, 2006
—
Sine David & Kealani Trust
Sine,dave A
Quit Claim Deed
related
—
Jul 29, 2005
$445,000
David A Sine
Ducoing Brent & Ami Trust
Grant Deed
$222,500 · Bank Of The Sierra
Aug 30, 2004
—
Ducoing Brent & Ami Trust
Ducoing Brent & Ami Trust
Quit Claim Deed
related
$254,000 · South Coast Commercial Bank
Jul 13, 2004
$390,000
Ducoing,tr
Barton,brian & Susan
Grant Deed
—
Feb 3, 1997
$80,000
Brian Barton
Mangini,lucile K
Grant Deed
—
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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