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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail properties & Spaces
1816 Howard Rd Madera, CA 93637-5157
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0124758
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1992
Construction
TILT-UP CONCRETE
Total area
12,192 SF
Lot
1.01 ac (43,995 SF)
APN
009-191-007-000
UPID
US09-0124758
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
-
William Kenpo Karate Training Center Sports School
-
Compa Franks - Madera Restaurant
-
Gary W Rogers Home Design & Drafting Inc. Renovation Specialist (Bike/Boat/Book/etc) Store
-
Loan's Massage Alternative Medicine Practice Spa & Massage Center
-
Frick Co Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$900k
Owner & transaction history
Jose Ramirez
Jose Ramirez
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,300,000
Current use
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$74 / 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
$16,998
Tax year 2024
Assessed value
$1,432,280
Assessed 2024
Previous assessed
$1,432,280
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$432,372
Assessed improvement
$999,908
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
12,192 SF
Lot
1.01 ac (43,995 SF)
APN
009-191-007-000
UPID
US09-0124758
Jurisdiction
MADERA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
RETAIL STORES Current
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
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
Jose Ramirez
Individual
Mailing address
27084 GRANDVIEW AVE, HAYWARD, CA 94542-2323
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
—
Jose Ramirez
Ramirez Family Properties LLC
Grant Deed
—
Mar 11, 2022
—
Ramirez Family Properties LLC
—
Deed
related
$799,749 · Zb NA
Jul 9, 2018
—
Ramirez Family Properties LLC
Ramirez,jose
Quit Claim Deed
related
—
Sep 1, 2016
$1,250,000
Jose Ramirez
Mendonsa Joan Family Trust
Grant Deed
$875,000 · Bank Of The West
Nov 30, 2015
—
The Joan Mendonsa Family Trust
Joan M Mendonsa
Intrafamily Transfer
related
$778,000 · Wells Fargo Bank NA
Aug 15, 2012
—
Mendonsa Joan Family Trust
Boyd Joan M Family Trust
Grant Deed
—
Oct 6, 2008
—
Boyd Joan M Family Trust
Boyd,j H & Joan M
Quit Claim Deed
related
—
Mar 30, 2006
$1,585,000
Boyd Joan M Family Trust
Sagouspe Real Estate INC
Grant Deed
$975,000 · Westamerica Bank
Nov 16, 1992
—
Sagouspe Real Estate INC
Sagouspe,real Es
Quit Claim Deed
related
$30,000 · Individual
Jan 12, 1990
$85,000
Dean Tire INC
Sagouspe,stephen
Grant Deed
related
$35,000
—
—
Sagouspe Real Estate INC
—
Deed Of Trust
related
$735,000 · County Bank
—
—
Sagouspel Real Estate INC
—
Deed Of Trust
related
$90,000 · County Bank
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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