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Property profile & analytics
FOR SALE
Grocery and convenience stores
200 W Olive Ave Madera, CA 93637
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1884777
For Sale
1 / 31
$145,000
200 W Olive Ave, Madera, CA 93637
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Construction
WOOD
Total area
8,000 SF
Lot
0.73 ac (31,798 SF)
APN
012-053-017-000
UPID
US09-1884777
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
-
Patiala shahi Indian Restaurant & Grocery store Restaurant
-
Klipper Kings Barbershop Barber Shop
-
Pho'Dera Restaurant
-
Mesmerize Hair Salon Nail Salon
-
Chavira’s Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$380k
Owner & transaction history
Khalid B Chaudhry · 3 yrs held
Khalid B Chaudhry
since 2022
Last sale
$460,000
5 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
$380,000
ML approach
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$380k
Range $342k – $418k · ±10% · vs last sale $460k (Dec 16 2022)
Last sale anchor
$460k
Dec 16 2022
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
$48 / 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
$6,779
Tax year 2024
Assessed value
$566,448
Assessed 2024
Previous assessed
$566,448
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$307,851
Assessed improvement
$258,597
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1993
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,000 SF
Lot
0.73 ac (31,798 SF)
APN
012-053-017-000
UPID
US09-1884777
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
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Khalid B Chaudhry
Individual
Free & Clear · 3 yrs held
Mailing address
450 S MADERA AVE E STE E, MADERA, CA 93637-5462
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Khalid B Chaudhry
Khalid B Chaudhry
Intrafamily Transfer
related
—
Sep 6, 2011
$460,000
Khalid Chaudhry
Ross Funding INC
Grant Deed
$339,000 · Ross Funding INC
Jul 15, 2005
—
City Of Madera
Ross Funding INC
Grant Deed
—
Aug 6, 1991
$250,000
Lyle W Upton
Abshire,enterpri
Grant Deed
$175,000 · Seller
—
—
Khalid B Chaudhry
—
Deed Of Trust
related
$700,000 · Wells Fargo 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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