New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Apartment buildings
12543 Conrad St Madera, CA 93637-6183
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0053102
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
10,161 SF
Lot
0.79 ac (34,412 SF)
Zoning code
PRD
APN
047-370-041-000
UPID
US09-0053102
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.12M
Owner & transaction history
David H Hussain Revocable Trust
David H Hussain Revocable Trust
since 2025
Last sale
$913,500
7 recorded transactions
Zoning & alternative use
PRD · Madera, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+17.8%
Industrial (general)
$1.6M
+8.5%
Office building
$1.5M
+5.0%
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
$1,320,000
ML approach
$1,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,455,000
Current use
RESTAURANT
$1,715,000
Change: +18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,580,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$1,530,000
Change: +5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,445,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $914k (Nov 20 2020)
Last sale anchor
$914k
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
$110 / 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
$14,275
Tax year 2024
Assessed value
$812,405
Assessed 2024
Previous assessed
$812,405
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$174,085
Assessed improvement
$638,320
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
1986
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
10,161 SF
Lot
0.79 ac (34,412 SF)
Zoning code
PRD
APN
047-370-041-000
UPID
US09-0053102
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.5M
RESTAURANT
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
INDUSTRIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1986
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.79 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
10 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
Jun 14, 2021
—
Banner Bank
—
Deed
related
—
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
—
Hussain,jane E Trust
Hussain,jane E
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
$913,500
Ayad Hussain
Gary J Walker
Grant Deed
—
—
—
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.
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 12543 Conrad 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.
