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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Medical Office Space
7161 Howard St Fresno, CA 93720-2981
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US10-3007881
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
WOOD
Total area
22,299 SF
Lot
1.38 ac (60,112 SF)
Zoning code
O
APN
303-170-90
UPID
US10-3007881
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. Pamela Kendrick-Marsoobian Alternative Medicine Practice
-
Grossman Dennis Law Firm
-
Colton King Alternative Medicine Practice
-
Law Offices of Paul M. Smith Law Firm
-
Grossman Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Barsam Investments LLC · 12 yrs held
Barsam Investments LLC
since 2013
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
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,645,000
6.5%
$3,365,000
7%
$3,125,000
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±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
$126 / 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
$51,268
Tax year 2023
Assessed value
$4,229,950
Assessed 2023
Previous assessed
$4,229,950
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$930,822
Assessed improvement
$3,299,128
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
2006
Construction
WOOD
Heating
NONE
Stories
2
Total area
22,299 SF
Lot
1.38 ac (60,112 SF)
Zoning code
O
APN
303-170-90
UPID
US10-3007881
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
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Stories
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Barsam Investments LLC
Entity
Mailing address
7161 N HOWARD ST STE #100, FRESNO, CA 93720-2981
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2017
—
Barsam Investments LLC
—
Deed
related
$3,400,000 · Miscellaneous Ins Co
Dec 6, 2013
—
Barsam Investments LLC
West Coast Life Ins Co
Grant Deed
—
Oct 31, 2013
$35,000
West Coast Life Ins Co
Yosemite Motel Salary Savings
Grant Deed
—
Nov 29, 2012
$200,000
Yosemite Motel Salary Savings
Sterling Pacific Financial
Trustees Deed
related
—
Apr 13, 2006
—
Samuel S Krikorian JR
Samuel S Krikorian JR
Intrafamily Transfer
related
$4,100,000 · West Coast Life Insurance Co
Oct 29, 2004
—
Stephen Krikorian
—
Trustees Deed
related
$3,909,800 · United Security Bank
—
—
Samuel S Krikorian JR.
—
Loan Modification
related
$3,592,341 · West Coast Life Insurance
—
—
Barsam Investments LLC
—
Deed Of Trust
related
$3,400,000 · Miscellaneous Ins 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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