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Property profile & analytics
OFF-MARKET
Retail space
1430 Manning Ave Reedley, CA 93654-2453
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-5265816
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
TILT-UP CONCRETE
Total area
4,150 SF
Lot
0.17 ac (7,260 SF)
Zoning code
CC
APN
363-181-36
UPID
US09-5265816
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jaime Cervantes · 1 yrs held
Jaime Cervantes
since 2025
Last sale
$480,000
4 recorded transactions
Zoning & alternative use
CC · Reedley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Central and Community Commercial Zone District (CC Zone District) is intended to be applied both to the central commercial core of the City and to community commercial areas outside of the central core, as designated by the General Plan
Zone name
Central And Community Commercial
General category
COMMERCIAL
Zone area
225.15 ac
Source
Realmo
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 Reedley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reedley 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,430
Tax year 2023
Assessed value
$290,000
Assessed 2023
Previous assessed
$290,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$70,000
Assessed improvement
$220,000
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,150 SF
Lot
0.17 ac (7,260 SF)
Zoning code
CC
APN
363-181-36
UPID
US09-5265816
Jurisdiction
FRESNO
Zoning & alternative use
CC · Reedley, CAZoning CC · permitted uses
CC · Reedley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Central and Community Commercial Zone District (CC Zone District) is intended to be applied both to the central commercial core of the City and to community commercial areas outside of the central core, as designated by the General Plan
Zone name
Central And Community Commercial
General category
COMMERCIAL
Zone area
225.15 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Jaime Cervantes
Individual
Mailing address
606 S HL ST STE #1104, LOS ANGELES, CA 90014-4719
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
$480,000
Jaime Cervantes
George Chamoun
Grant Deed
$432,000 · George Chamoun Etux
Feb 11, 2013
—
City Of Reedely
Chamoun,george & Rania
Grant Deed
—
Nov 3, 2005
$337,000
George Chamoun
Jaime Cervantes
Grant Deed
$200,000 · East West Bank
—
—
Cervantes,jaime
—
Deed Of Trust
related
$110,000 · Aspromonte Elena F Trust
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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