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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Medical Office Space
4207 Bangs Ave 10 Modesto, CA 95356-9049
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-2927960
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
WOOD
Total area
10,962 SF
Lot
1.04 ac (45,302 SF)
APN
135-043-008-000
UPID
US09-2927960
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
-
Satellite Healthcare North Modesto Medical Clinic
-
Wellbound North Modesto Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.68M
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$2.38M
Owner & transaction history
Joseph P Rubino · 7 yrs held
Joseph P Rubino
since 2019
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,905,000
6.5%
$2,680,000
7%
$2,490,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,570,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,205,000
Change: -10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,005,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±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
$217 / 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
$42,001
Tax year 2024
Assessed value
$3,109,383
Assessed 2024
Previous assessed
$3,109,383
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$482,490
Assessed improvement
$2,626,893
Applied tax rate
96.0000
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
2000
Construction
WOOD
Heating
NONE
Total area
10,962 SF
Lot
1.04 ac (45,302 SF)
APN
135-043-008-000
UPID
US09-2927960
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$3.0M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2000
Construction
WOOD
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Joseph P Rubino
Individual
Mailing address
PO BOX 5908, SAN JOSE, CA 95150-5908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jul 16, 2019
$3,900,000
Joseph P Rubino
4207 Bangs Avenue LLC
Grant Deed
$2,400,000 · Miscellaneous Ins Co
Jul 16, 2019
—
Joseph P Rubino
Rubino,linda W
Quit Claim Deed
related
—
Mar 28, 2013
$1,250,000
4207 Bangs Avenue LLC
Khatri INC
Grant Deed
$704,000 · Bank Of The West
Apr 6, 2012
—
Khatri INC
Harris,danny R & Sandra
Grant Deed
—
Aug 20, 2004
$1,500,000
Khatri INC
Harris,danny R & Sandra
Grant Deed
—
—
—
4207 Bangs Avenue LLC
—
Deed Of Trust
related
$1,450,000 · Bank Of The West
—
—
Danny R Harris
—
Deed Of Trust
related
$730,000 · Modesto Commerce Bank
—
—
Danny R Harris
—
Deed Of Trust
related
$250,000 · Modesto Commerce Bank
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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