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Property profile & analytics
OFF-MARKET
Medical Office Space
501 Watson St Visalia, CA 93277-2641
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5752996
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1925
Construction
WOOD
Total area
1,142 SF
Lot
0.17 ac (7,450 SF)
Zoning code
OC
APN
096-142-001-000
UPID
US09-5752996
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
-
Gordy Doris Employment Agency
-
Simply You Medical Spa Spa & Massage Center Alternative Medicine Practice
-
Zulim Rebecca MD Physician
-
Valley Hospitalist Med Group Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Icore Investments LLC · 3 yrs held
Icore Investments LLC
since 2023
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
OC · Visalia, CA
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 Visalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Visalia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,603
Tax year 2024
Assessed value
$241,456
Assessed 2024
Previous assessed
$241,456
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$72,436
Assessed improvement
$169,020
Applied tax rate
6.0000
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
1925
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
6
Bathrooms
1
Total area
1,142 SF
Lot
0.17 ac (7,450 SF)
Zoning code
OC
APN
096-142-001-000
UPID
US09-5752996
Jurisdiction
TULARE
Zoning & alternative use
OC · Visalia, CA
Zoning OC · permitted uses
OC · Visalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Visalia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
6
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Icore Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5427 W GRV CT, VISALIA, CA 93291-7900
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
—
Icore Investments LLC
Tom Yang
Quit Claim Deed
related
—
Feb 2, 2022
—
Icore Investments LLC
Tom Yang
Intrafamily Transfer
related
—
Nov 9, 2012
—
Tom Yang
Tom Yang Md INC
Quit Claim Deed
related
—
Jul 30, 2012
$400,000
Tom Yang Md INC
Zulim,lawrence V & Rebecca A
Grant Deed
$300,000 · Pacific Alliance Bank
Jun 5, 2003
$180,000
Lawrence V Zulim
Crown Legacy Corp
Grant Deed
$144,000 · California Stockmens Bank
Apr 7, 2003
—
Visalia City (ca)
Crown Legacy Corp
Grant Deed
related
—
Oct 2, 2002
$82,500
Crown Legacy Corp
Sharp,tr
Grant Deed
—
Sep 10, 2001
—
Sharp Trust
Sharp,lynda M
Quit Claim Deed
related
—
—
—
Ross V E
—
Deed Of Trust
related
$50,000 · Cruzen Trust
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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