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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Office buildings
500 11th St Reedley, CA 93654-2526
Entity Owned
27-yr Hold
Free & Clear
Property ID
US09-1895117
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
WOOD
Total area
5,062 SF
Lot
0.69 ac (30,000 SF)
Zoning code
CC
APN
370-121-11
UPID
US09-1895117
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
by Request
CAP Approach
CAP
$995k
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.04M
Owner & transaction history
Sequoia Safety Council INC · 27 yrs held
Sequoia Safety Council INC
since 1999
5 recorded transactions
Zoning & alternative use
CC · Reedley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+84.0%
Restaurant
$1.1M
+25.8%
Medical building
$985,000
+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 Reedley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reedley 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%
$1,080,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$860,000
Current use
COMMERCIAL (GENERAL)
$1,580,000
Change: +84% · Conversion: Easy
RESTAURANT
$1,080,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$985,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$745,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$205 / 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
Assessed value
$1,548,792
Assessed 2023
Previous assessed
$1,548,792
+0.0% YoY
Assessed land
$125,058
Assessed improvement
$1,423,734
Applied tax rate
8.0000
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
2001
Construction
WOOD
Heating
NONE
Stories
1
Total area
5,062 SF
Lot
0.69 ac (30,000 SF)
Zoning code
CC
APN
370-121-11
UPID
US09-1895117
Jurisdiction
FRESNO
Zoning & alternative use
CC · Reedley, CA
Zoning CC · permitted uses
CC · Reedley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reedley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$1.6M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$745,000
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
2001
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Sequoia Safety Council INC
Entity
Free & Clear · 27 yrs held
Mailing address
500 E 11TH ST, REEDLEY, CA 93654-2526
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 1999
$83,500
Sequoia Safety Council INC
Larson Properties
Grant Deed
—
May 22, 1998
—
Larson Properties
Larson,craig K
Quit Claim Deed
related
—
Feb 25, 1997
—
Larson Trust
Larson Trust
Quit Claim Deed
related
—
Apr 30, 1996
$85,000
Larson Trust
Ikuta,frank L & Minerva
Grant Deed
—
Sep 14, 1989
$90,000
Ikuta Frank L
Larson,arnold K
Grant Deed
$85,000
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.
Try Rey
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