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840 Almond Ave Madera, CA 93637-5603

OFF-MARKET Medical Office Space Google Maps
2,720 SF 0.14 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$485k
Range $437k – $534k (±10%)
Property ID US09-0356877

Property summary

AI-generated overview

This exceptional 2,720 square foot medical office building presents a unique investment opportunity in Madera, CA. Located at 840 E Almond Ave, 93637, this single-story, 1988-built property boasts a highly visible location near Freeway 99 and Madera Community Hospital. The building sits on a 6,098 square foot lot and is zoned PO. Previously utilized as a medical practice, the space features three doctors' offices and six exam rooms, each equipped with sinks, making it ideally suited for continued medical use or adaptable for other professional office needs. The building's prominent location ensures high traffic and visibility, offering significant potential for a thriving business. The asking price is $299,000. The property's APN is 012-280-006. This is a turnkey opportunity for an investor seeking a well-maintained, established property in a desirable location. The building's history as a successful medical practice provides a strong foundation for future success. The property's convenient access to major transportation routes and proximity to a major hospital further enhances its appeal. This is a rare chance to acquire a valuable asset in a growing community.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Construction WOOD
Total area 2,720 SF
Lot 0.14 ac (6,098 SF)
APN 012-280-006-000
UPID US09-0356877

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2025
Last sale
$375,000
5 recorded transactions
2025
$375,000
2011
Price N/A
2002
Price N/A
1999
$185,000
1990
$176,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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