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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2000 Mable Ave Modesto, CA 95355-1248

    • Mobile home & RV parks
    • 9,445 SF
    • 19.00 lot acres
    OFF-MARKET
    Value Estimations
    $1,270,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1155852
    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

    • Homewood Village Mobile Home Park / Mobile Home Park
    • Homewood Village Manufactured Home Community / Mobile Home Park

    Property Details for 2000 Mable Ave

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    19.00 lot acres
    Property size
    9,445 SF
    Property type
    Mobile home & RV parks
    APN
    052-067-001-000
    APU
    52067001000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -120.964
    Latitude
    37.6944
    CBSA code
    33700
    CBSA name
    MODESTO, 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
    $51,301
    $1,119,736
    $3,515,163
    $4,634,899
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,200,000
      3,400 SF

      3955 Coffee Rd

      MOBILE HOME PARK, TRAILER PARK • 3,400 SF
      3955 Coffee Rd, Modesto, CA 95355-9684
      View Details
    • Value Estimation
      $565,000
      18.82 Acres

      1500 Held Dr

      MOBILE HOME PARK, TRAILER PARK • 18.82 Acres
      1500 Held Dr, Modesto, CA 95355-9395
      View Details
    • Value Estimation
      $955,000
      2,124 SF

      1533 Playground Way

      MOBILE HOME PARK, TRAILER PARK • 2,124 SF
      1533 Playground Way, Modesto, CA 95355-9322
      View Details
    • Value Estimation
      $1,300,000
      9,445 SF

      2000 Mable Ave

      MOBILE HOME PARK, TRAILER PARK • 9,445 SF
      2000 Mable Ave, Modesto, CA 95355-1248
      View Details
    • Value Estimation by Request
      1,806 SF

      2307 Oakdale Rd

      MOBILE HOME PARK, TRAILER PARK • 1,806 SF
      2307 Oakdale Rd, Modesto, CA 95355-2654
      View Details
    • Value Estimation
      $12,255,000
      84,144 SF

      2100 Coffee Rd

      APARTMENT HOUSE (5+ UNITS) • 84,144 SF
      2100 Coffee Rd, Modesto, CA 95355-2345
      View Details

    Similar Nearby for Sale

    • $77,500

      Well-Maintained 55+ Community Home

      Comfortable 2BR, 2BA mobile home in a vibrant 55+ community.
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    • $109,900
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      Senior Living Mobile Home

      Move-in ready mobile home in gated senior community.
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      Commercial Land Ready For Development

      General Commercial zoned land suitable for retail, office, and medical.
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      Commercial Land Ready For Development

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    • $1,995,000

      East Modesto Office Investment Opportunity

      Multi-tenant office complex in desirable east Modesto location.
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    • $2,500,000
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      Residential development land with planning approval for 90 units.
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    Similar Nearby for Lease

    • $15 SF/Yr
      3,620 SF

      Oakdale Plaza Office Suites

      Modesto, CA Executive Office Space Available
      950 Oakdale Rd, Modesto, CA 95355
      View Details
    • Contact for pricing
      9,000 SF

      Village Corners: Retail/Office Opportunity

      Three-building retail center, 9,000 sq ft available
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    • $250 SF/Yr
      1,580 SF

      Office Suite in Oakwood Office Park

      Individual office suite available for rent in Modesto, CA.
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    • $250 SF/Yr
      1,580 SF

      Office Suite in Oakwood Office Park

      Individual office suite suitable for professional uses, sharing common areas.
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    • Contact for pricing
      25,275 SF

      Retail Space in Century Center

      Prime junior anchor space available in Modesto, California.
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    • Contact for pricing
      4,990 SF

      Modesto Office Space For Lease

      Office space available for lease in Modesto, California.
      1108 Oakdale Rd, Modesto, CA 95355
      View Details
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    2000 Mable Ave
    Modesto, CA 95355-1248
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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