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Property profile & analytics
OFF-MARKET
Estimated value
$4,315,000
Investment properties
1200 I St Modesto, CA 95354-0938
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3204211
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2006
Construction
STEEL FRAME
Total area
14,533 SF
Lot
0.33 ac (14,563 SF)
APN
105-024-012-000
UPID
US09-3204211
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
-
US Bankruptcy Court Federal Courthouse
-
Raw Sushi Bistro Restaurant
-
Southland Sr22 Insurance Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.12M
Comparable Approach
Comparable
$5.15M
Blend (final)
Blend
$4.32M
Owner & transaction history
Westland Dev Co LLC · 18 yrs held
Westland Dev Co LLC
since 2007
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.0M
+57.6%
Medical building
$4.7M
+24.6%
Apartment house (5+ units)
$4.3M
+11.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,380,000
6.5%
$3,120,000
7%
$2,895,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,800,000
Current use
AUTO REPAIR, GARAGE
$5,990,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$4,735,000
Change: +25% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,250,000
Change: +12% · Conversion: Moderate
RESTAURANT
$4,245,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,325,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$4.32M
Range $3.88M – $4.75M · ±10%
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
$297 / 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
$28,971
Tax year 2024
Assessed value
$2,414,500
Assessed 2024
Previous assessed
$2,414,500
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$320,000
Assessed improvement
$2,094,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Total area
14,533 SF
Lot
0.33 ac (14,563 SF)
APN
105-024-012-000
UPID
US09-3204211
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
RESTAURANT
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
Westland Dev Co LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1500 J ST, MODESTO, CA 95354-1123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2007
—
Westland Dev Co LLC
County Of Stanislaus
Grant Deed
—
Aug 4, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Westland Dev Co LLC
—
Deed Of Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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