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Property profile & analytics
OFF-MARKET
Medical Office Space
505 Morton Ave Porterville, CA 93257-3303
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US10-1763270
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
WOOD
Total area
2,745 SF
Lot
0.26 ac (11,388 SF)
Zoning code
PO-D
APN
252-251-034-000
UPID
US10-1763270
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
-
Sandhu Kiran DDS Dental Office
-
Joshi Nina J DDS Dental Office
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
Paramjit S Sandhu · 15 yrs held
Paramjit S Sandhu
since 2011
7 recorded transactions
Zoning & alternative use
PO-D · Porterville, 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 Porterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Porterville 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
$6,436
Tax year 2024
Assessed value
$594,116
Assessed 2024
Previous assessed
$594,116
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$100,486
Assessed improvement
$493,630
Applied tax rate
4.0000
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
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
2,745 SF
Lot
0.26 ac (11,388 SF)
Zoning code
PO-D
APN
252-251-034-000
UPID
US10-1763270
Jurisdiction
TULARE
Zoning & alternative use
PO-D · Porterville, CA
Zoning PO-D · permitted uses
PO-D · Porterville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Porterville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.26 ac
Current owner
From public records · entity-resolved
Paramjit S Sandhu
Individual
Mailing address
505 W MORTON AVE, PORTERVILLE, CA 93257-3303
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2011
$473,000
Paramjit S Sandhu
Joshi,archana J
Grant Deed
$871,000 · Live Oak Banking Co
Dec 30, 2005
$380,000
Archana J Joshi
Soaring Resources
Grant Deed
—
Dec 30, 2005
—
Archana J Joshi
Joshi,jagannath
Quit Claim Deed
related
—
Apr 10, 2001
—
Soaring Resources LP
Mejia Land LLC
Grant Deed
related
—
Nov 3, 1997
—
Mejia Land LLC
Mejia,marta E
Quit Claim Deed
related
—
Jul 11, 1995
—
Marta E Mejia
—
Grant Deed
related
$280,000 · Bank Of The Sierra
Aug 30, 1994
—
Marta E Mejia
Mejia,jose G
Quit Claim Deed
related
—
Aug 30, 1994
$52,500
Mejia,marta E
Pearson Trust
Trustees Deed
$27,500 · Seller
—
—
Marta E Mejia
—
Deed Of Trust
related
$250,000 · Individual
—
—
Soaring Resources LP
—
Deed Of Trust
related
$350,000 · Citizens Business 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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