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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Office buildings
429 Manning Ave Parlier, CA 93648-2668
Individually Owned
15-yr Hold
Free & Clear
Property ID
US09-3752611
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Construction
TILT-UP CONCRETE
Total area
19,994 SF
Lot
1.51 ac (65,775 SF)
Zoning code
C5
APN
355-240-65
UPID
US09-3752611
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
-
Juan Ruvalcaba Pediatrician Physician
-
Muhammad Khan Pediatrician Physician
-
Curtis Tanner Physician
-
Liana Milanes Physician
-
Rafael Amador Martinez Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.94M
Comparable Approach
Comparable
$5.06M
Blend (final)
Blend
$4.00M
Owner & transaction history
United Health Ctrs Of San Joaquin · 15 yrs held
United Health Ctrs Of San Joaquin
since 2011
3 recorded transactions
Zoning & alternative use
C5 · Parlier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.2M
+84.0%
Restaurant
$4.3M
+25.8%
Medical building
$3.9M
+15.1%
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 Parlier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parlier 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%
$4,265,000
6.5%
$3,935,000
7%
$3,655,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,390,000
Current use
COMMERCIAL (GENERAL)
$6,230,000
Change: +84% · Conversion: Easy
RESTAURANT
$4,260,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$3,900,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,935,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±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
$200 / 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
$975
Tax year 2023
Assessed value
$17,105,471
Assessed 2023
Previous assessed
$17,105,471
+0.0% YoY
Effective rate
0.01%
On assessed value
Assessed land
$173,789
Assessed improvement
$16,931,682
Applied tax rate
7.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
19,994 SF
Lot
1.51 ac (65,775 SF)
Zoning code
C5
APN
355-240-65
UPID
US09-3752611
Jurisdiction
FRESNO
Zoning & alternative use
C5 · Parlier, CA
Zoning C5 · permitted uses
C5 · Parlier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Parlier. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$6.2M
RESTAURANT
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$2.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
United Health Ctrs Of San Joaquin
Individual
Free & Clear · 15 yrs held
Mailing address
3875 W BEECHWOOD AVE, FRESNO, CA 93711-0794
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2011
—
United Health Ctrs Of San Joaquin
United Health Ctrs Of San Joaquin
Quit Claim Deed
related
—
Oct 6, 2000
$120,000
United Health Centers San Joaq
Espinosa Trust
Grant Deed
$125,000 · Seller
Mar 16, 1979
—
Espinosa,jose L Trust
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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