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

    102 Magnolia Ave Modesto, CA 95354-0536

    • Commercial real estate
    • 1,377 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0366456
    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

    • Commercial real estate

    Property Details for 102 Magnolia Ave

    Year built
    1926
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    1,377 SF
    Property type
    Commercial real estate
    APN
    110-008-010-000
    APU
    110008010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -120.996
    Latitude
    37.6459
    CBSA code
    33700
    CBSA name
    MODESTO, 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
    $1,656
    $82,864
    $62,477
    $145,341
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $695,000
      5,016 SF

      531 13th St

      COMMERCIAL (GENERAL) • 5,016 SF
      531 13th St, Modesto, CA 95354-2430
      View Details
    • Value Estimation by Request
      368 SF

      515 14th St

      COMMERCIAL (GENERAL) • 368 SF
      515 14th St, Modesto, CA 95354-2561
      View Details
    • Value Estimation by Request
      728 SF

      115 Groveland St

      COMMERCIAL (GENERAL) • 728 SF
      115 Groveland St, Modesto, CA 95354
      View Details
    • Value Estimation by Request
      1,008 SF

      414 14th St

      COMMERCIAL (GENERAL) • 1,008 SF
      414 14th St, Modesto, CA 95354-2603
      View Details
    • Value Estimation by Request
      866 SF

      615 16th St

      COMMERCIAL (GENERAL) • 866 SF
      615 16th St, Modesto, CA 95354-2516
      View Details
    • Value Estimation by Request
      720 SF

      603 17th St

      COMMERCIAL (GENERAL) • 720 SF
      603 17th St, Modesto, CA 95354-1204
      View Details

    Similar Nearby for Sale

    • $795,000
      5,850 SF

      Modesto Retail Space - High Visibility

      Prime retail space, ample office & storage. High traffic area.
      1325 Yosemite Blvd, Modesto, CA 95354
      View Details
    • $1,599,990
      12,000 SF

      Modesto Warehouse: Prime Location

      12,000 sqft Warehouse, Office Space, Gated Lot
      2517 Yosemite Blvd, Modesto, CA 95354
      View Details
    • $425,000
      2,860 SF

      Modesto Office Space Available

      Office property for sale in Modesto, California.
      1227 7Th St, Modesto, CA 95354
      View Details
    • $830,000
      5,250 SF

      Historic Industrial Building in Modesto

      Vintage industrial landmark with endless possibilities in downtown Modesto.
      G St, Modesto, CA 95354
      View Details
    • $799,000

      Ready Multi-Family Development Project

      Construction-ready 16-unit apartment development project in Modesto.
      Miller Ave, Modesto, CA 95354
      View Details
    • $4,500,000
      25,890 SF

      Modesto Office Building For Sale

      Office building with 25,890 SF available in Modesto, CA.
      1124 12Th St, Modesto, CA 95354
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,023 SF

      Shops at Lincoln School: Modesto

      Prime Modesto retail space available.
      1801 H St, Modesto, CA 95354
      View Details
    • $15 SF/Yr
      2,750 SF

      Iconic Modesto Office Space

      2750 sq ft, High-Traffic Location
      429 Mchenry Ave, Modesto, CA 95354
      View Details
    • $22 SF/Yr
      10,080 SF

      Downtown Modesto Office Suites

      Prime Modesto location, flexible office space
      1111 J St, Modesto, CA 95354
      View Details
    • $1.50 SF/Yr
      2,200 SF

      Modesto Office Space For Lease

      Office space available for lease in Modesto, California.
      1127 13Th St, Modesto, CA 95354
      View Details
    • Contact for pricing
      7,500 SF

      Modesto Office Space For Rent

      7,500 SF office space available for rent in Modesto.
      819 10Th St, Modesto, CA 95354
      View Details
    • Contact for pricing
      1,850 SF

      Class A Office Space Available

      Premier office space with flexible sizes and covered parking.
      1601 I St, Modesto, CA 95354
      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.
    102 Magnolia Ave
    Modesto, CA 95354-0536
    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.