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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Sports & entertainment properties
1651 Whitmore Ave Ceres, CA 95307-7203
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-5561379
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1990
Construction
TILT-UP CONCRETE
Total area
10,160 SF
Lot
12.42 ac (541,015 SF)
Zoning code
CER M-2
APN
040-007-047-000
UPID
US09-5561379
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
-
Ceres Flea Market (Bike/Boat/Book/etc) Store
-
T S Couture Discount Store
-
Ceres Truck Parking Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$655k
Owner & transaction history
H & H Entities LLC · 4 yrs held
H & H Entities LLC
since 2021
7 recorded transactions
Zoning & alternative use
CER M-2 · Ceres, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$865,000
+26.3%
Retail stores
$810,000
+18.1%
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 Ceres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ceres 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$685,000
Current use
INDUSTRIAL (GENERAL)
$865,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$810,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$64 / 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
$21,255
Tax year 2024
Assessed value
$1,900,810
Assessed 2024
Previous assessed
$1,900,810
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,215,187
Assessed improvement
$685,623
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
7
Total area
10,160 SF
Lot
12.42 ac (541,015 SF)
Zoning code
CER M-2
APN
040-007-047-000
UPID
US09-5561379
Jurisdiction
STANISLAUS
Zoning & alternative use
CER M-2 · Ceres, CA
Zoning CER M-2 · permitted uses
CER M-2 · Ceres, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ceres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$685,000
INDUSTRIAL (GENERAL)
Est. value
$865,000
RETAIL STORES
Est. value
$810,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
INDUSTRIAL (GENERAL)
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
7
Lot
12.42 ac
Current owner
From public records · entity-resolved
H & H Entities LLC
Entity
Mailing address
PO BOX 24281, OAKLAND, CA 94623-1281
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
—
H & H Entities LLC
Harbans S Gill
Grant Deed
$1,990,000 · Bank Of The West
Jan 16, 2019
—
Vir S Sidhu
Jaspreet Singh
Grant Deed
related
—
Dec 19, 2018
$2,225,000
Harbans S Gill
Cfmg Invst LLC
Trustees Deed
$1,349,000 · Balboa LLC
Dec 19, 2018
—
Harpinder S Chauhan
Kamal Deep Kaur Chauhan
Intrafamily Transfer
related
$100,000 · Kb Real Estate & Mortgage INC
Oct 16, 2018
—
Harpreet Singh
Navneet Kaur
Quit Claim Deed
related
—
Aug 19, 2011
$1,900,000
Cfmg Invst LLC
Ceres Theatre
Grant Deed
$1,740,000 · Ceres Theatre & Flea Market LP
Feb 14, 2006
—
Ceres Theatre & Flea Market
Ceres Theatre
Quit Claim Deed
related
—
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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