Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
1107 8th St Modesto, CA 95354-2216
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2605998
Property summary
AI-generated overview
This exceptional commercial property encompasses three warehouses totaling 15,250 square feet, situated on a substantial 1.19-acre lot in the heart of downtown Modesto, California. Boasting an impressive 375 feet of frontage along 8th Street, this nearly full city block offers significant development potential. The strategic location provides immediate access to Highway 99, placing it within easy reach of major transportation arteries. The property benefits from high visibility and traffic, with a reported average daily traffic count of nearly 20,000 vehicles. Its proximity to key landmarks such as the DoubleTree Hotel, City/County Offices, and the future courthouse further enhances its desirability. Two of the three buildings are currently leased on short-term agreements
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
TILT-UP CONCRETE
Total area
4,048 SF
Lot
1.19 ac (51,836 SF)
Zoning code
MI
APN
104-008-008-000
UPID
US09-2605998
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
-
All Life Insurance Modesto Insurance Agency
-
California Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Endless Possibilities Re LLC
Endless Possibilities Re LLC
since 2025
Last sale
$1.1M
2 recorded transactions
Zoning & alternative use
MI · Modesto, 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 Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,702
Tax year 2024
Assessed value
$813,449
Assessed 2024
Previous assessed
$813,449
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$398,707
Assessed improvement
$414,742
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Total area
4,048 SF
Lot
1.19 ac (51,836 SF)
Zoning code
MI
APN
104-008-008-000
UPID
US09-2605998
Jurisdiction
STANISLAUS
Zoning & alternative use
MI · Modesto, CA
Zoning MI · permitted uses
MI · Modesto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Modesto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Lot
1.19 ac
Current owner
From public records · entity-resolved
Endless Possibilities Re LLC
Entity
Mailing address
400 HOSMER AVE, MODESTO, CA 95351-3920
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
$1,100,000
Endless Possibilities Re LLC
Varni Bros LLC
Grant Deed
$770,000 · Farmers & Merchants Bank Of Central
Sep 30, 1998
—
Varni Bros LLC
Varni Brothers
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1107 8th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
