Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14635 Mono Way Sonora, CA 95370

    • Lifestyle centers
    • 60,104 SF
    • 5.50 lot acres
    For Sale
    View listing
    $5,950,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shelley's Antiques & Collectables / Home Decor Store / (Bike/Boat/Book/etc) Store

    Property Details for 14635 Mono Way

    Year built
    1985
    Lot size
    5.50 lot acres
    Property size
    60,104 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sonora
    County
    Tuolumne
    State
    California
    Longitude
    -120.324
    Latitude
    37.9767

    Comparable in this City

    • Value Estimation by Request
      3,040 SF

      Mono Way

      Restaurants • 3,040 SF
      0 Mono Way, Sonora, CA 95370
      View Details
    • Value Estimation by Request
      5,500 SF

      71 Washington St

      Retail properties • 5,500 SF
      71 Washington St, Sonora, CA 95370
      View Details
    • Value Estimation by Request
      4,200 SF

      19074 Standard Rd

      Coworking space • 4,200 SF
      19074 Standard Rd, Sonora, CA 95370
      View Details
    • Value Estimation by Request
      1,596 SF

      331 Washington St

      SERVICE STATION (FULL SERVICE) • 1,596 SF
      331 Washington St, Sonora, CA 95370-5021
      View Details
    • Value Estimation by Request
      3,101 SF

      14860 Mono Way

      SERVICE STATION (FULL SERVICE) • 3,101 SF
      14860 Mono Way, Sonora, CA 95370-8682
      View Details
    • Value Estimation
      $2,555,000
      3,157 SF

      13079 Sanguinetti Rd

      SERVICE STATION (FULL SERVICE) • 3,157 SF
      13079 Sanguinetti Rd, Sonora, CA 95370-5205
      View Details

    Similar Nearby for Sale

    • $5,950,000
      60,104 SF

      Mono Village Shopping Center

      Lifestyle centers • 60,104 SF
      14635 Mono Way, Sonora, CA 95370
      View Details
    • $465,000

      High Traffic Pad Ready Lot

      Ready to develop lot in a new shopping center.
      11400 Union Hill Rd, Sonora, CA 95370
      View Details
    • Contact for pricing
      6,400 SF

      Sonora Retail Property For Sale

      Retail property on a main shopping thoroughfare, built in 1870.
      229 S Washington St, Sonora, CA 95370
      View Details
    • $799,000
      6,256 SF

      Downtown Sonora Commercial Building

      Commercial building with private parking in downtown Sonora, California.
      Shepherd St, Sonora, CA 95370
      View Details
    • Contact for pricing

      10 Acres in Sonora

      10 acres of land, close to downtown Sonora.
      11480 Racetrack Rd, Sonora, CA 95370
      View Details
    • $389,000
      30.00 Acres

      30 Acres of Mining Land

      30 acres of mining land in a rich gold reserve.
      21901 Marcus Ln, Sonora, CA 95370
      View Details

    Similar Nearby for Lease

    • $50,400
      4,200 SF

      Sonora Office Space Available

      4,200 sq ft, versatile office space
      19074 Standard Rd, Sonora, CA 95370
      View Details
    • Contact for pricing
      10,560 SF

      Retail Property in Sonora, CA

      Retail property featuring 10,560 square feet in Sonora, CA.
      14695 Mono Way, Sonora, CA 95370
      View Details
    • Contact for pricing
      2,903 SF

      Sonora Crossroads Retail Space

      Retail space available in Sonora Crossroads Shopping Center.
      1131-1171 Sanguinetti Rd, Sonora, CA 95370
      View Details
    • Contact for pricing
      992 SF

      Sonora Crossroads Retail Space

      Retail space in Tuolumne County's largest shopping center.
      1031 Sanguinetti Rd, Sonora, CA 95370
      View Details
    • Contact for pricing
      340,834 SF

      Sonora Crossroads Shopping Center Space

      Large shopping center anchored by national retailers.
      Hwy 108/Mono Way, Sonora, CA 95370
      View Details
    • Contact for pricing
      1,508 SF

      Retail Space in Sonora Plaza

      Retail space available in central Sonora shopping center.
      714-736 Mono Way, Sonora, CA 95370
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14635 Mono Way
    Sonora, CA 95370
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.