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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Medical Office Space
533 Sespe Ave Fillmore, CA 93015-1985
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US10-1457726
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Total area
3,010 SF
Lot
0.16 ac (6,969 SF)
Zoning code
CO
APN
053-0-043-210
UPID
US10-1457726
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
-
Bundy Logan MD Pediatrician Physician
-
Hakansson Mikael K MD Pediatrician Physician
-
Logan Keith Bundy Pediatrician Physician
-
Mikael Klas Hakansson Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$640k
Owner & transaction history
533 Sespe Properties LLC · 19 yrs held
533 Sespe Properties LLC
since 2006
7 recorded transactions
Zoning & alternative use
CO · Fillmore, 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 Fillmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fillmore 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%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,010,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$213 / 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
$7,395
Tax year 2023
Assessed value
$750,000
Assessed 2024
Previous assessed
$650,000
+15.4% YoY
Effective rate
0.99%
On assessed value
Assessed land
$195,000
Assessed improvement
$555,000
Applied tax rate
1.0000
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
1966
Heating
NONE
Total area
3,010 SF
Lot
0.16 ac (6,969 SF)
Zoning code
CO
APN
053-0-043-210
UPID
US10-1457726
Jurisdiction
VENTURA
Zoning & alternative use
CO · Fillmore, CA
Zoning CO · permitted uses
CO · Fillmore, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fillmore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.0M
COMMERCIAL (GENERAL)
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
1966
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
533 Sespe Properties LLC
Entity
Mailing address
533 SESPE AVE STE B, FILLMORE, CA 93015-1942
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
—
533 Sespe Properties LLC
—
Deed
related
$520,000 · Mufg Union Bank NA
May 18, 2017
—
533 Sespe Properties LLC
—
Deed
related
$498,500 · Mufg Union Bank NA
Aug 1, 2006
$750,000
533 Sespe Properties LLC
Saralou Trust
Grant Deed
$375,000 · Union Bank Of California
Dec 21, 2004
—
Saralou,trust
Owner,record
Grant Deed
related
—
Aug 10, 2004
—
Gabrielsen,tr
Gabrielsen,louis R & Sara M
Quit Claim Deed
related
—
Dec 19, 1989
—
Wigert Joseph
Nutt Edwin E
Grant Deed
related
—
—
—
533 Sespe Properties LLC
—
Deed Of Trust
related
$310,000 · Cdc Small Business Finance Co
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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