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    Property profile & analytics

    1601 Bellevue Rd Atwater, CA 95301-2608

    • Commercial real estate
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $2,070,000
    Last Sale
    Feb 25, 2022
    $2,311,500
    Location Intelligence
    Property ID
    US09-3219407
    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.

    Current Use by Public Records

    • ATWATER SUSHI / Sushi Restaurant

    Property Details for 1601 Bellevue Rd

    Lot size
    0.66 lot acres
    Property type
    Commercial real estate
    APN
    150-160-021-000
    APU
    150160021000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,860,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,360,000
      6.5%
      $2,275,000
      7%
      $2,190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,080,000
      Geo Method
      $2,570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,685,000
      Retail
      $2,290,000
      Mixed-Use
      $2,590,000
      Hospitality
      $2,270,000
      Educational
      $2,190,000
      Residential Income
      $1,965,000
      Energy
      $2,245,000
      Income-Based Land
      $2,690,000
      Food Service
      $2,305,000

    Location Insight

    • Map
    • Local Demand
    City
    Atwater
    County
    Merced
    State
    California
    Longitude
    -120.611
    Latitude
    37.3608
    CBSA code
    32900
    CBSA name
    MERCED, 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
    $25,873
    $697,068
    $1,708,624
    $2,405,692
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      3500 Atwater Blvd

      Investment properties • 3,000 SF
      3500 Atwater Blvd, Atwater, CA 95301
      View Details
    • Value Estimation by Request
      0.17 Acres

      Atwater, CA 95301

      COMMERCIAL (GENERAL) • 0.17 Acres
      Atwater, CA 95301
      View Details
    • Value Estimation by Request
      2.90 Acres

      100 Airpark Rd

      COMMERCIAL (GENERAL) • 2.90 Acres
      100 Airpark Rd, Atwater, CA 95301-9535
      View Details
    • Value Estimation by Request
      0.09 Acres

      1161 Atwater Blvd

      COMMERCIAL (GENERAL) • 0.09 Acres
      1161 Atwater Blvd, Atwater, CA 95301-4314
      View Details
    • Value Estimation by Request
      1.08 Acres

      1640 Bell Ln

      COMMERCIAL (GENERAL) • 1.08 Acres
      1640 Bell Ln, Atwater, CA 95301-9696
      View Details
    • Value Estimation by Request
      0.38 Acres

      1890 Bellevue Rd

      COMMERCIAL (GENERAL) • 0.38 Acres
      1890 Bellevue Rd, Atwater, CA 95301
      View Details

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    Similar Nearby for Lease

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      Atwater Retail Space - Prime Location

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    • $6,000 /Mo
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      Atwater Retail Space For Lease

      3,600 SF retail space in high-traffic Atwater location.
      1814 Bellevue Rd, Atwater, CA 95301
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    • $0.65 SF/Yr
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      Atwater Warehouse Space Available

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      Spacious Central Valley Office Building

      7,861 SF office building with high visibility and ample parking.
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      Office/Retail Space Available

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    • Contact for pricing

      Retail Space in Atwater Center

      Former Family Dollar store in a busy shopping center.
      451 W Bellevue Rd, Atwater, CA 95301
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      3.3k
    • Avg Time on site
      12 min
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    1601 Bellevue Rd
    Atwater, CA 95301-2608
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    Realmo Value Estimation

    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.

    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.

    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
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