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
    Property profile & analytics

    113 B St Madera, CA 93638-3212

    • Apartment buildings
    • 10,214 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $460,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2506260
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 113 B St

    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    10,214 SF
    Property type
    Apartment buildings
    APN
    007-113-009-000
    APU
    7113009000

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -120.057
    Latitude
    36.9647
    CBSA code
    31460
    CBSA name
    MADERA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,962
    $80,314
    $254,337
    $334,651
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      30,100 SF

      317 Cleveland Ave

      APARTMENT HOUSE (5+ UNITS) • 30,100 SF
      317 Cleveland Ave, Madera, CA 93638-2611
      View Details
    • Value Estimation
      $335,000
      3,720 SF

      300 B St

      APARTMENT HOUSE (5+ UNITS) • 3,720 SF
      300 B St, Madera, CA 93638-3710
      View Details
    • Value Estimation
      $7,470,000
      25,392 SF

      1209 Cleveland Ave

      APARTMENT HOUSE (5+ UNITS) • 25,392 SF
      1209 Cleveland Ave, Madera, CA 93638
      View Details
    • Value Estimation
      $265,000
      0.28 Acres

      118 Lyons St

      APARTMENT HOUSE (5+ UNITS) • 0.28 Acres
      118 Lyons St, Madera, CA 93638-3319
      View Details
    • Value Estimation by Request
      3,724 SF

      210 C St

      APARTMENT HOUSE (5+ UNITS) • 3,724 SF
      210 C St, Madera, CA 93638-3265
      View Details
    • Value Estimation by Request
      2,464 SF

      222 A St

      APARTMENT HOUSE (5+ UNITS) • 2,464 SF
      222 A St, Madera, CA 93638-3749
      View Details

    Similar Nearby for Sale

    • New
      $2,388,000
      11,440 SF

      Madera Multifamily Investment Opportunity

      Well-maintained 16-unit property with value-add potential in Madera, CA.
      609 Moore St, Madera, CA 93638
      View Details
    • $895,000

      Mixed-Use Investment Opportunity in Madera

      Updated convenience store with residential duplex in a growing community.
      409 E 12Th St, Madera, CA 93638
      View Details
    • $375,000

      Madera Triplex with Remodeled Unit

      Triplex in Madera with remodeled unit and income potential.
      809 S B St, Madera, CA 93638
      View Details
    • $630,000
      10.48 Acres

      Madera Residential Land - 10 Acres

      ±10 Acres, Shovel-Ready Development, Madera, CA
      16735 D St, Madera, CA 93638
      View Details
    • $564,920
      38.96 Acres

      Haley Ranch: 38.96 Acres

      Madera County pistachio orchard, prime location.
      30623 Avenue 20, Madera, CA 93638
      View Details
    • $550,000
      1.59 Acres

      Madera Commercial Land - $550K

      ±1.59 Acres, C-2 Zoning, High Traffic
      0 Sherwood Way, Madera, CA 93638
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      10,000 SF

      Crossroads Shopping Center Suites

      Prime Retail & Office Space Available
      1410 Yosemite Ave, Madera, CA 93638
      View Details
    • $0.75 SF/Yr
      965 SF

      Functional Warehouse Spaces For Rent

      Warehouse spaces with frontage on North "E" Street available for rent.
      610 N E St, Madera, CA 93638
      View Details
    • Contact for pricing

      Madera Specialty Property For Rent

      Specialty property available for rent in Madera, California.
      13384 Road 29, Madera, CA 93638
      View Details
    • Contact for pricing
      323,140 SF

      Avenue 17

      Land • 323,140 SF
      0 Avenue 17, Madera, CA 93638
      View Details
    • $0.85 SF/Yr
      3,700 SF

      Retail Space in Madera, CA

      Commercial retail spaces available in Madera, California.
      401 N E St, Madera, CA 93638
      View Details
    • $1.00 SF/Yr
      4,950 SF

      Industrial Warehouse Space Available

      4,950 SF warehouse space for rent in Madera, CA.
      28850 Avenue 15 1/2, Madera, CA 93638
      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.
    113 B St
    Madera, CA 93638-3212
    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.