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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Medical Office Space
833 Sequoia Ave, Lindsay, CA 93247-1424
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-5907862
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
WOOD
Total area
6,287 SF
Lot
0.49 ac (21,346 SF)
APN
201-180-016-000
UPID
US09-5907862
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$800k
Blend (final)
Blend
$675k
Owner & transaction history
Erick Madrigal
Erick Madrigal
since 2025
Last sale
$35,000
7 recorded transactions
Zoning & alternative use
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 Lindsay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lindsay 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $35k (Aug 27 2021)
Last sale anchor
$35k
Aug 27 2021
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
$107 / 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
$9,675
Tax year 2024
Assessed value
$822,260
Assessed 2024
Previous assessed
$822,260
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$105,042
Assessed improvement
$717,218
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1983
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
7
Total area
6,287 SF
Lot
0.49 ac (21,346 SF)
APN
201-180-016-000
UPID
US09-5907862
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
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
1983
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
7
Lot
0.49 ac
Current owner
From public records · entity-resolved
Erick Madrigal
Individual
Free & Clear · 0 yrs held
Mailing address
47 CARMELITA ST, PORTERVILLE, CA 93257-3307
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
—
Erick Madrigal
Erick Madrigal
Deed
related
—
Aug 27, 2021
—
Erick Madrigal
Erick Madrigal
Intrafamily Transfer
related
$541,000 · Wells Fargo Bank NA
Oct 30, 2019
—
Luis O Ontiveros
Maria Olaguez
Quit Claim Deed
related
—
Oct 30, 2019
$35,000
Erick M Madrigal
Luis O Ontiveros
Grant Deed
$567,000 · Karl Brownq
Apr 17, 2018
—
Erick M Madrigal
Madrigal,erick M
Quit Claim Deed
related
$540,000 · Dew Claw LLC
Jun 27, 2016
—
Erick M Madrigal
Visalia Medical Clinic INC
Grant Deed
related
$629,000 · Visalia Medical Clinic INC
Nov 30, 2015
—
Joel Ramirez
Ramirez,sylvia M
Quit Claim Deed
related
$629,000 · Private Individual
Nov 30, 2015
$740,000
Erick M Madrigal
Visalia Medical Clinic INC
Grant Deed
—
Nov 2, 2000
$530,000
Visalia Medical Clinic INC
Lindsay Medical Bldg
Grant Deed
$250,000 · Westamerica Bank
—
—
Erick M Madrigal
—
Deed Of Trust
related
$629,000 · Visalia Medical Clinic INC
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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