Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1327 Mono Dr Modesto, CA 95354-3707
    Back to Search
    Property profile & analytics

    1327 Mono Dr, Modesto, CA 95354-3707

    View on Map
    • Apartment buildings
    • 1,376 SF
    • 0.78 lot acres
    Off-Market
    Property ID
    US09-2112794
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1327 Mono Dr

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.78 lot acres
    Property type
    Apartment buildings
    APN
    035-027-021-000
    APU
    35027021000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 14, 2011 $357,500 Union Gospel Mission I Modesto Rangel Residential Property LP Grant Deed —
    Feb 28, 2007 — Rangel Residential Property Rangel Dev INC Quit Claim Deed —
    Apr 28, 1998 — Rangel Development INC Rangel Drywall INC Quit Claim Deed · related —
    Mar 30, 1998 $125,000 Rangel Drywall INC Fnb Real Ests Corp Grant Deed $95k · Oak Valley Community Bank
    Jul 15, 1997 $143,000 Fnb Real Estate Corp Gomez,nelson F Trustees Deed —
    May 3, 1994 — Nelson F Gomez Gomez,nelson F Quit Claim Deed · related —
    Mar 28, 1994 — Nelson F Gomez Lillie-gomez,deb Quit Claim Deed · related $147k · San Francisco Federal S & L
    Mar 9, 1990 — Gomez Nelson F — Deed Of Trust · related —
    — — Rangel Residential Property — Deed Of Trust · related $300k · Modesto Commerce Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -120.973
    Latitude
    37.6359
    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
    $1,662
    $207,869
    $241,155
    $449,024
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      836 SF

      2521 Miller Ave

      APARTMENT HOUSE (5+ UNITS)
      2521 Miller Ave, Modesto, CA 95354-3135
      View Details
    • Value Estimation
      $525,000
      2,240 SF

      2430 Glendale Ave

      APARTMENT HOUSE (5+ UNITS)
      2430 Glendale Ave, Modesto, CA 95354
      View Details
    • Value Estimation by Request
      1,356 SF

      512 Johnson St

      APARTMENT HOUSE (5+ UNITS)
      512 Johnson St, Modesto, CA 95354-0407
      View Details
    • Value Estimation
      $5,700,000
      25,188 SF

      1220 La Loma Ave

      APARTMENT HOUSE (5+ UNITS)
      1220 La Loma Ave, Modesto, CA 95354-2766
      View Details
    • Value Estimation
      $35,300,000
      192,858 SF

      2805 Yosemite Blvd

      APARTMENT HOUSE (5+ UNITS)
      2805 Yosemite Blvd, Modesto, CA 95354-4066
      View Details
    • Value Estimation
      $820,000
      2,008 SF

      115 Morton Blvd

      APARTMENT HOUSE (5+ UNITS)
      115 Morton Blvd, Modesto, CA 95354-2629
      View Details

    Similar Nearby for Sale

    • $799,000

      Construction-Ready Multi-Family Development Site

      Ready for a new 16-unit multi-family apartment development.
      1732 Miller Ave, Modesto, CA 95354
      View Details
    • Contact for pricing

      Ready Multi-Family Development Project

      Construction-ready 16-unit apartment development project in Modesto.
      Miller Ave, Modesto, CA 95354
      View Details
    • Contact for pricing
      5,348 SF

      Multifamily Property with Expansion Potential

      Fully occupied, well-maintained multifamily property with potential for additional units.
      203 Jones St, Modesto, CA 95354
      View Details
    • $799,000

      Construction-Ready Multifamily Development Site

      Ready-to-build 16-unit apartment complex in Modesto.
      Miller Ave, Modesto, CA 95354
      View Details
    • $590,000

      Modesto Triplex Investment Opportunity

      Triplex in Modesto with tenant occupied units and parking.
      2508 Haddon Ave, Modesto, CA 95354
      View Details

    Similar Nearby for Lease

    • $5,850 /Mo

      Commercial Space on Yosemite Boulevard

      Commercial space available for lease on Yosemite Boulevard.
      1325 Yosemite Blvd, Modesto, CA 95354
      View Details
    • Contact for pricing
      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

      Downtown Modesto Office Suite

      Penthouse office suite with private amenities in downtown Modesto.
      1111 J 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

      Industrial Warehouse with Covered Awning

      41,374 SF warehouse with 10,000 SF covered awning.
      330 S Riverside Dr, Modesto, CA 95354
      View Details
    • Contact for pricing
      11,200 SF

      High-Visibility Retail Space on McHenry

      Prime retail location on McHenry Avenue with flexible C-2 zoning.
      1004 Mchenry Ave, 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.
    1327 Mono Dr
    Modesto, CA 95354-3707
    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

    Thank You for Inquiry
    1327 Mono Dr, Modesto, CA, 95354
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!