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Property profile & analytics
FOR SALE
Medical Office Space
800 Delbon Ave Turlock, CA 95382
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-1890843
For Sale
1 / 2
$1,300,000
800 Delbon Ave, Turlock, CA 95382
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1968
Construction
WOOD
Total area
6,558 SF
Lot
0.64 ac (27,878 SF)
APN
072-038-001-000
UPID
US09-1890843
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
-
Leisa Prine, NP Physician
-
Dr. Susie M. Wenstrup, MD Pediatrician Physician
-
Dr. Amanda R. Crews, MD Pediatrician Physician
-
Cohen Mitchell MD Pediatrician Physician
-
Public Health Counseling Center Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.30M
Owner & transaction history
800 Delbon Avenue LLC · 2 yrs held
800 Delbon Avenue LLC
since 2024
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.0M
+9.5%
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 Turlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turlock 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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,580,000
6.5%
$1,455,000
7%
$1,355,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,845,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,025,000
Change: +10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,760,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Apr 2 2024)
Last sale anchor
$1.30M
Apr 2 2024
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
$198 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,276
Tax year 2024
Assessed value
$1,143,683
Assessed 2024
Previous assessed
$1,143,683
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$320,611
Assessed improvement
$823,072
Applied tax rate
7.0000
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
For Sale
Year built
1968
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
6,558 SF
Lot
0.64 ac (27,878 SF)
APN
072-038-001-000
UPID
US09-1890843
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1968
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
800 Delbon Avenue LLC
Entity
Free & Clear · 2 yrs held
Mailing address
800 DELBON AVE, TURLOCK, CA 95382-2022
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$1,300,000
800 Delbon Avenue LLC
Ronald A Johanson
Grant Deed
—
Nov 1, 1990
—
Ronald Johanson
Johanson,ronald
Quit Claim Deed
related
$100,000 · Modesto Banking Co
—
—
Ronald A Johanson
—
Deed Of Trust
related
$103,000 · Modesto Banking 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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