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Property profile & analytics
OFF-MARKET
Medical Office Space

277 Putnam Ave Porterville, CA 93257-3450

2,150 SF 0.41 ac lot Built 1961
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5784688
Property summary
AI-generated overview

This exceptional, single-story office building at 277 Putnam Avenue in Porterville, CA, offers 2,150 square feet of functional space, perfect for a variety of professional uses. The property boasts a welcoming reception area/lobby, seven individual rooms, and three restrooms, ensuring comfort and convenience for both staff and clients. Ample parking is available in the private rear lot, providing convenient access for everyone. The building is situated on a 0.41-acre lot and is beautifully landscaped, creating a serene and professional atmosphere. Its location in an established professional neighborhood, near medical offices and hospitals, makes it particularly attractive for medical practices or businesses seeking a high-visibility location. The building is offered at $600,000 and presents a rare opportunity to acquire a fully functional, turn-key office space in a desirable Porterville location. The secure environment and lush landscaping contribute to a quiet and productive work environment. This property is ready for immediate occupancy and represents a strong investment opportunity.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1961
Construction WOOD
Total area 2,150 SF
Lot 0.41 ac (18,000 SF)
Zoning code PO
APN 252-223-007-000
UPID US09-5784688
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
  • Dr. Alla Liberstein, MD Physician
  • Erick M Madrigal Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Unified Investments III LLC · 25 yrs held
Unified Investments III LLC
since 2001
5 recorded transactions
2001
$250,000
1999
Price N/A
1999
$20,000
1999
$190,000
1969
Price N/A
Zoning & alternative use
PO · Porterville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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