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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Medical Office Space
4678 1st St Fresno, CA 93726-0903
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1292674
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
WOOD
Total area
4,120 SF
Lot
0.37 ac (16,250 SF)
Zoning code
O
APN
427-261-38
UPID
US09-1292674
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
-
Sullivan Chiropractic, Inc Alternative Medicine Practice
-
Chiro Metrics Alternative Medicine Practice
-
Total care medical group Medical Clinic Alternative Medicine Practice
-
Samuel R Jacques 3D Realty Real Estate Agency
-
TeamCME Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$735k
Owner & transaction history
Erick M Motta · 2 yrs held
Erick M Motta
since 2023
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
O · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
O: Provides sites for administrative, financial, business, professional, medical, & public offices BP / RBP: Provides campus-type office professional environments & technology development IL: Provides areas for a diverse range of light industrial uses (research, development, fabrication, etc.) IH: Broadest range of industrial uses that are essential to the d…
Zone name
Office
General category
COMMERCIAL
Zone area
1,374.39 ac
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
$735,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$740,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$830,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $725k (Sep 25 2023)
Last sale anchor
$725k
Sep 25 2023
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
$178 / 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
$9,126
Tax year 2023
Assessed value
$707,472
Assessed 2023
Previous assessed
$707,472
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$166,464
Assessed improvement
$541,008
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
1995
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,120 SF
Lot
0.37 ac (16,250 SF)
Zoning code
O
APN
427-261-38
UPID
US09-1292674
Jurisdiction
FRESNO
Zoning & alternative use
O · Fresno, CAZoning O · permitted uses
O · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
O: Provides sites for administrative, financial, business, professional, medical, & public offices BP / RBP: Provides campus-type office professional environments & technology development IL: Provides areas for a diverse range of light industrial uses (research, development, fabrication, etc.) IH: Broadest range of industrial uses that are essential to the development of a balanced economic base O These images have been provided as examples of comparable product in Fresno, California IH IL BP / RBP * See Development Code for specific limitations
Zone name
Office
General category
COMMERCIAL
Zone area
1,374.39 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$830,000
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
1995
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Erick M Motta
Individual
Mailing address
645 E GHAMBERIN DR #101, FRESNO, CA 93730
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
—
Erick M Motta
—
Deed
related
$100,000 · Gadea Aliga LLC
Sep 25, 2023
$725,000
Erick M Motta
Frank W Liang
Grant Deed
$600,000 · Gadea Aliaga LLC
Oct 2, 2020
$680,000
W,f & Liang M Living Trust
Sullivan C & L L/tr
Grant Deed
—
Oct 2, 2020
—
Liang,f W & M Living Trust
—
Deed
related
$330,000 · Charles & Laraye Sulli Tr (lt)
Jul 15, 2011
—
Sullivan C & L Living Trust
Sullivan,c Brett
Quit Claim Deed
related
—
Jun 23, 2009
—
C Brett Sullivan
Sullivan,c Bret & Evalyn K
Quit Claim Deed
related
—
Oct 5, 1995
$504,000
Sullivan C B
Triple-s Partners LP
Grant Deed
$376,000 · Individual
Oct 27, 1993
$150,000
Triple-s Partners
—
Grant Deed
related
—
—
—
Sullivan C & L Living Trust
—
Deed Of Trust
related
$282,223 · Compass Bank
—
—
C Vb Sullivan
—
Deed Of Trust
related
$360,000 · Westamerica Bank
—
—
Sullivan C B
—
Deed Of Trust
related
$337,000 · Westamerica Bank
—
—
Liang,f W & M Living Trust
—
Deed Of Trust
related
$330,000 · Charles & Laraye Sulli Tr (lt)
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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