Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,265,000
Hotels
1525 Mchenry Ave Modesto, CA 95350-4576
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5600799
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1972
Construction
WOOD
Total area
38,198 SF
Lot
1.62 ac (70,567 SF)
Zoning code
MOD C-2
APN
119-006-042-000
UPID
US09-5600799
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
-
Poker Mage | Play Poker Online Hotel & Motel Bed & Breakfast
-
Denny's Restaurant
-
Ramada by Wyndham Modesto Yosemite Area Hotel & Motel
-
The Meltdown Restaurant Take-out & Catering
-
The Burger Den Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.27M
Owner & transaction history
Modco 2 LLC · 5 yrs held
Modco 2 LLC
since 2020
Last sale
$3.7M
1 recorded transaction
Zoning & alternative use
MOD C-2 · Modesto, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.0M
+405.9%
Industrial (general)
$6.1M
+339.1%
Restaurant
$5.6M
+307.1%
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%
$4,900,000
6.5%
$4,520,000
7%
$4,200,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,005,000
Change: +406% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,080,000
Change: +339% · Conversion: Difficult
RESTAURANT
$5,640,000
Change: +307% · Conversion: Difficult
MEDICAL BUILDING
$3,930,000
Change: +184% · Conversion: Difficult
RETAIL STORES
$3,170,000
Change: +129% · Conversion: Difficult
Blend value · Realmo final
$4.27M
Range $3.84M – $4.69M · ±10% · vs last sale $3.65M (Dec 15 2020)
Last sale anchor
$3.65M
Dec 15 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
$112 / 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
$41,715
Tax year 2024
Assessed value
$3,661,167
Assessed 2024
Previous assessed
$3,661,167
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,199,165
Assessed improvement
$2,462,002
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
NONE
Total area
38,198 SF
Lot
1.62 ac (70,567 SF)
Zoning code
MOD C-2
APN
119-006-042-000
UPID
US09-5600799
Jurisdiction
STANISLAUS
Zoning & alternative use
MOD C-2 · Modesto, CA
Zoning MOD C-2 · permitted uses
MOD C-2 · Modesto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Modesto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$7.0M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
RESTAURANT
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.2M
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1972
Construction
WOOD
Heating
NONE
Lot
1.62 ac
Current owner
From public records · entity-resolved
Modco 2 LLC
Entity
Mailing address
309 PROSPERITY BLVD, CHOWCHILLA, CA 93610-8498
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
$3,650,000
Modco 2 LLC
Brothers Khatri
Grant Deed
$5,000,000 · Wallis 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 1525 Mchenry Ave?
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.
