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Property profile & analytics
OFF-MARKET Estimated value $705,000
Medical Office Space

406 James St Shafter, CA 93263-2035

4,570 SF 0.15 ac lot Built 1948
Individually Owned 10-yr Hold Free & Clear
Property ID
US09-3344076
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1948
Construction WOOD
Total area 4,570 SF
Lot 0.15 ac (6,534 SF)
Zoning code DC
APN 027-170-12-00-0
UPID US09-3344076
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
$935k
Comparable Approach Comparable
$888k
Blend (final) Blend
$705k
Owner & transaction history
Reedley Community Hospital · 10 yrs held
Reedley Community Hospital
since 2016
2 recorded transactions
2016
$440,000
2004
Price N/A
Zoning & alternative use
DC · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Downtown Commercial (DC) District Business Park (BP) District Industrial (I) District Agricultural (A) District 2. Determination of Zone District Boundaries a. Wherever a lot or site is divided by a boundary between differing districts, the regulations applicable within each district shall apply to each portion of the site within that district. b. The follow…

Zone name Downtown Commercial
General category COMMERCIAL
Zone area 29.17 ac
Source Zoning Ordinance
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