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Property profile & analytics
OFF-MARKET
Medical Office Space
604 Magnolia Ave Clovis, CA 93611-9204
Entity Owned
4-yr Hold
Property ID
US09-2202143
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Construction
WOOD
Total area
25,431 SF
Lot
2.66 ac (115,869 SF)
Zoning code
C2
APN
564-050-31
UPID
US09-2202143
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
-
Inspire Health Medical Group - Orthopaedics Medical Group Medical Center
-
Lucas Seiler, MD Physician
-
Nathan Hoekzema, MD Physician
-
Mark Ayoub, MD Physician
-
Motasem Refaat, MD 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
Scope 32 Sm LLC · 4 yrs held
Scope 32 Sm LLC
since 2022
Last sale
$24.8M
7 recorded transactions
Zoning & alternative use
C2 · Clovis, 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 Clovis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clovis 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 2023Property tax & assessments
Tax year 2023
Tax billed
$126,423
Tax year 2023
Assessed value
$10,622,000
Assessed 2023
Previous assessed
$10,622,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,622,000
Assessed improvement
$9,000,000
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
2019
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Rooms
8
Bathrooms
3
Total area
25,431 SF
Lot
2.66 ac (115,869 SF)
Zoning code
C2
APN
564-050-31
UPID
US09-2202143
Jurisdiction
FRESNO
Zoning & alternative use
C2 · Clovis, CAZoning C2 · permitted uses
C2 · Clovis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
3
Lot
2.66 ac
Current owner
From public records · entity-resolved
Scope 32 Sm LLC
Entity
Mailing address
2 S BISCAYNE BLVD STE #2000, MIAMI, FL 33131-1827
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
$24,800,000
Scope 32 Sm LLC
Amel Investments LLC
Grant Deed
$16,120,000 · Siemens Financial Services INC
Aug 5, 2019
—
Pwl Investments LLC
—
Trustees Deed
related
$1,168,000 · Fresno First Bk
Jul 5, 2018
—
City Of Clovis
Pwl Investments LLC
Quit Claim Deed
related
—
Jun 15, 2018
—
Pwl Investments LLC
—
Trustees Deed
related
$5,328,000 · Fresno First Bk
Dec 5, 2017
—
Pwl Investments LLC
—
Deed
related
$230,000 · Fresno First Bank
Mar 9, 2017
$1,062,500
Pwl Investments LLC
Battle,esau JR
Grant Deed
—
—
—
Esau Battle
—
Deed Of Trust
related
$30,000 · Bank Of America
—
—
Esau Battle
—
Deed Of Trust
related
$9,000 · Van Diggelen Trust
—
—
Esau I Battle JR.
—
Deed Of Trust
related
$196,520 · Bank Of America
—
—
Esau Battle
—
Deed Of Trust
related
$129,000 · Bank Of America
—
—
Esau Battle
—
Deed Of Trust
related
$135,000 · Aames Home Loan
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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