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Property profile & analytics
OFF-MARKET
Estimated value
$12,715,000
Medical Office Space
7055 Fresno St Fresno, CA 93720-2957
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-2990241
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Construction
STEEL FRAME
Total area
38,621 SF
Lot
1.99 ac (86,684 SF)
Zoning code
O
APN
303-180-51
UPID
US10-2990241
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
-
Dr. Reed Vanwagenen Dental Office
-
JOHN EDWARD GARRY Physician Medical Clinic
-
JOHN S WADE Physician Medical Clinic
-
Central California Endoscopy Center Medical Clinic Hospital
-
Image Orthodontics by Lowe Orthodontics Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.42M
Blend (final)
Blend
$12.72M
Owner & transaction history
Fresno Supreme INC · 3 yrs held
Fresno Supreme INC
since 2023
Last sale
$13.9M
7 recorded transactions
Zoning & alternative use
O · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
O: Provides sites for administrative, financial, business, professional, medical, & public offices BP / RBP: Provides campus-type office professional environments & technology development IL: Provides areas for a diverse range of light industrial uses (research, development, fabrication, etc.) IH: Broadest range of industrial uses that are essential to the d…
Zone name
Office
General category
COMMERCIAL
Zone area
1,374.39 ac
Top alternative use upside
Commercial (general)
$13.4M
+15.2%
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 Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno 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
$14,055,000
ML approach
$10,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$11,645,000
Current use
COMMERCIAL (GENERAL)
$13,415,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$12.72M
Range $11.44M – $13.99M · ±10% · vs last sale $13.88M (Jun 1 2023)
Last sale anchor
$13.88M
Jun 1 2023
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
$329 / 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
$107,856
Tax year 2023
Assessed value
$8,900,000
Assessed 2023
Previous assessed
$8,900,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,800,000
Assessed improvement
$7,100,000
Applied tax rate
5.0000
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
1993
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
38,621 SF
Lot
1.99 ac (86,684 SF)
Zoning code
O
APN
303-180-51
UPID
US10-2990241
Jurisdiction
FRESNO
Zoning & alternative use
O · Fresno, CAZoning O · permitted uses
O · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
O: Provides sites for administrative, financial, business, professional, medical, & public offices BP / RBP: Provides campus-type office professional environments & technology development IL: Provides areas for a diverse range of light industrial uses (research, development, fabrication, etc.) IH: Broadest range of industrial uses that are essential to the development of a balanced economic base O These images have been provided as examples of comparable product in Fresno, California IH IL BP / RBP * See Development Code for specific limitations
Zone name
Office
General category
COMMERCIAL
Zone area
1,374.39 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$11.6M
COMMERCIAL (GENERAL)
Est. value
$13.4M
MEDICAL BUILDING Current
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
1993
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
1.99 ac
Current owner
From public records · entity-resolved
Fresno Supreme INC
Entity
Mailing address
215 W FALLBROOK AVE STE #224, FRESNO, CA 93711-5881
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
$13,880,000
Fresno Supreme INC
Reed Van Wagenen
Grant Deed
$7,000,000 · United Security Bank
Jun 24, 2022
—
Jared W Mosley
Jared W Mosley
Intrafamily Transfer
related
—
Dec 28, 2021
—
Reed Van Wagenen
Fresno Herndon LLC
Grant Deed
—
Jun 10, 2016
—
Fresno Herndon LLC
—
Deed
related
$6,072,429 · Citizens Busn Bk
May 31, 2007
—
Fresno Herndon LLC
Universal Health Realty I
Grant Deed
—
—
—
Fresno Herndon LLC
—
Deed Of Trust
related
$1,287,000 · Citizens Business Bank
—
—
Fresno Herndon LLC
—
Loan Modification
related
$6,072,429 · Citizens Busn Bk
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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