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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Apartment buildings
12487 Conrad St Madera, CA 93637-6170
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-3262839
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
7,916 SF
Lot
2.6 ac (113,256 SF)
Zoning code
PRD
APN
047-370-042-000
UPID
US10-3262839
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
-
Regency Court Apartment Building
-
Hernandez Farm Labor Agricultural Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$2.60M
Owner & transaction history
David H Hussain Revocable Trust
David H Hussain Revocable Trust
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
PRD · Madera, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+149.4%
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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,830,000
Change: +149% · Conversion: Moderate
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.92M (Nov 20 2020)
Last sale anchor
$2.92M
Nov 20 2020
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
$328 / 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
$45,883
Tax year 2024
Assessed value
$2,616,708
Assessed 2024
Previous assessed
$2,616,708
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$616,625
Assessed improvement
$2,000,083
Applied tax rate
61.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
32
Bathrooms
10
Total area
7,916 SF
Lot
2.6 ac (113,256 SF)
Zoning code
PRD
APN
047-370-042-000
UPID
US10-3262839
Jurisdiction
MADERA
Zoning & alternative use
PRD · Madera, CA
Zoning PRD · permitted uses
PRD · Madera, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madera. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.8M
COMMERCIAL (GENERAL)
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
1988
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
32
Bathrooms
10
Lot
2.6 ac
Current owner
From public records · entity-resolved
David H Hussain Revocable Trust
Trust
Mailing address
2548 N BUNDY DR, FRESNO, CA 93727-8624
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
—
David H Hussain Revocable Trust
David H Hussain Revocable Trust
Deed
related
$7,000,000 · Tri Counties Bank
Nov 20, 2020
—
Hussain,david H Trust
Hussain David H Trust
Quit Claim Deed
related
$4,305,000 · Banner Bk
Oct 15, 2020
—
Hussain,david H Trust
Endorstream Exchange Co LLC
Quit Claim Deed
related
—
Apr 3, 2020
—
Endorstream Exchange Co LLC
Hussain David H Trust
Quit Claim Deed
related
—
Oct 3, 2014
—
Jane E Hussain
Hussain Jane E Trust
Quit Claim Deed
related
—
May 21, 2009
$453,000
Hussain Jane E Trust
Hussain Ayad Family Trust
Grant Deed
related
—
Mar 13, 2007
—
Ayad Hussain
Ayad Hussain
Intrafamily Transfer
related
$3,120,000 · Washington Mutual Bank
Jul 15, 2005
$2,923,500
Hussain Ayad Trust
Walker,gary J & Maria D
Grant Deed
—
Jan 25, 1991
$1,500,000
Walker Gary J
Wapner,mel J
Grant Deed
$925,000 · Bay View Federal Bank
—
—
Hussain Ayad Family Trust
—
Deed Of Trust
related
$1,346,000 · Hussain Jane E Trust (tr)
—
—
David,h Hussain Trust
—
Deed Of Trust
related
$4,305,000 · Banner Bk
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.
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