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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Medical Office Space
876 Grand Ave Porterville, CA 93257-2071
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5913414
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
WOOD
Total area
9,165 SF
Lot
0.98 ac (42,735 SF)
Zoning code
CMX
APN
251-330-022-000
UPID
US09-5913414
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
-
American Substance Abuse Drug Testing Service
-
Porterville Valley Promptcare Medical Clinic
-
Skin and Cancer Institute - Porterville Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$810k
Owner & transaction history
Khaneh Holdings LLC · 5 yrs held
Khaneh Holdings LLC
since 2020
Last sale
$625,000
6 recorded transactions
Zoning & alternative use
CMX · Porterville, CA
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 Porterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Porterville 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
$890,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $625k (Sep 8 2020)
Last sale anchor
$625k
Sep 8 2020
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
$88 / 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
$10,518
Tax year 2024
Assessed value
$971,005
Assessed 2024
Previous assessed
$971,005
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$291,832
Assessed improvement
$679,173
Applied tax rate
4.0000
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
1980
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
6
Total area
9,165 SF
Lot
0.98 ac (42,735 SF)
Zoning code
CMX
APN
251-330-022-000
UPID
US09-5913414
Jurisdiction
TULARE
Zoning & alternative use
CMX · Porterville, CA
Zoning CMX · permitted uses
CMX · Porterville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Porterville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
6
Lot
0.98 ac
Current owner
From public records · entity-resolved
Khaneh Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
415 WALKER DR, BEVERLY HILLS, CA 90210-1842
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
—
Khaneh Holdings LLC
—
Deed
related
$531,000 · First Citizens Bank & Trust Co
Sep 8, 2020
$625,000
Khaneh Holdings LLC
His Realty California LLC
Grant Deed
—
Jul 23, 2018
$900,000
His Realty California LLC
Pacheco Family Trust
Grant Deed
—
Apr 16, 2018
$65,000
John L Snavely
Barber,johnnie & Henrietta
Grant Deed
—
May 15, 2009
—
Pacheco Family Trust
876 Medical Building LLC
Grant Deed
$562,000 · Union Bank Of California
Feb 20, 2004
$680,000
876 Medical Building LLC
Smith,carlie W
Grant Deed
$625,000 · State Street Bank & Trust 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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