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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Medical Office Space
2550 Merced St Fresno, CA 93721-1812
Individually Owned
~
Est. High Equity
Property ID
US10-2394360
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1960
Construction
WOOD
Total area
3,070 SF
Lot
0.43 ac (18,750 SF)
Zoning code
DTG
APN
466-082-01
UPID
US10-2394360
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
-
Omni Women's Health Medical Group: Fenglaly C. Lee, M.D Physician
-
Pregnancy Center: Booker Jr G E MD Medical Clinic
-
Pregnancy Center Medical Clinic
-
Phone System Services Fresno Telecommunications Service
-
Fenglaly Lee Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$630k
Owner & transaction history
Linda Varnell Scott
Linda Varnell Scott
since 2025
Last sale
$625,000
5 recorded transactions
Zoning & alternative use
DTG · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The DTG District will support a high concentration of regional activity generators such as governmental buildings and convention centers within a pedestrian-oriented, mixed-use urban setting.
Zone name
Downtown General
General category
MIXED_USE
Zone area
160.13 ac
Source
Realmo
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 Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno 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%
$695,000
6.5%
$645,000
7%
$595,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$615,000
Current use
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $625k (Jul 31 2025)
Last sale anchor
$625k
Jul 31 2025
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
$205 / 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
$4,331
Tax year 2023
Assessed value
$330,000
Assessed 2023
Previous assessed
$330,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$150,000
Assessed improvement
$180,000
Applied tax rate
5.0000
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
1960
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,070 SF
Lot
0.43 ac (18,750 SF)
Zoning code
DTG
APN
466-082-01
UPID
US10-2394360
Jurisdiction
FRESNO
Zoning & alternative use
DTG · Fresno, CAZoning DTG · permitted uses
DTG · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The DTG District will support a high concentration of regional activity generators such as governmental buildings and convention centers within a pedestrian-oriented, mixed-use urban setting.
Zone name
Downtown General
General category
MIXED_USE
Zone area
160.13 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$615,000
MEDICAL BUILDING Current
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
1960
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Linda Varnell Scott
Individual
Mailing address
3812 N 1ST ST, FRESNO, CA 93726-4301
Ownership since
2025
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
Oct 31, 2025
$625,000
Linda Varnell Scott
Omnivest LLC
Grant Deed
$400,000 · Ellis Family Partnership III
Aug 29, 2008
$425,000
Omnivest LLC
Snyder Family 2000 Trust
Grant Deed
$318,750 · Premier Valley Bank
Oct 7, 2004
—
Snyder 2000 Family Trust
Snyder 2000 Family Trust
Quit Claim Deed
related
—
May 5, 2000
—
Synder Trust
Snyder,leopold J & Phyllis
Grant Deed
related
—
Jun 21, 1978
—
Leopold J Snyder
—
Grant Deed
related
—
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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