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    Property profile & analytics

    2037 L St Newman, CA 95360

    • Manufacturing properties
    • 1.35 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US09-3301835
    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

    • Manufacturing properties

    Property Details for 2037 L St

    Lot size
    1.35 lot acres
    Property type
    Manufacturing properties
    APN
    026-016-051-000
    APU
    26016051000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $445,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $440,000
      Mixed-Use
      $475,000
      Hospitality
      $370,000
      Educational
      $370,000
      Residential Income
      $365,000
      Energy
      $485,000
      Income-Based Land
      $405,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Newman
    County
    Stanislaus
    State
    California
    Longitude
    -121.017
    Latitude
    37.308
    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
    $3,226
    $118,689
    $139,394
    $258,083
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $310,000
      1.33 Acres

      2035 L St

      FOOD PROCESSING • 1.33 Acres
      2035 L St, Newman, CA 95360-9698
      View Details
    • Value Estimation
      $295,000
      0.03 Acres

      Main St

      FOOD PROCESSING • 0.03 Acres
      Main St, Newman, CA 95360
      View Details
    • Value Estimation by Request
      4,200 SF

      1998 L St

      MANUFACTURING (LIGHT) • 4,200 SF
      1998 L St, Newman, CA 95360-9769
      View Details
    • Value Estimation
      $225,000
      6,800 SF

      1542 M St

      MANUFACTURING (LIGHT) • 6,800 SF
      1542 M St, Newman, CA 95360
      View Details
    • Value Estimation by Request
      71,740 SF

      1406 Nn St

      FOOD PROCESSING • 71,740 SF
      1406 Nn St, Newman, CA 95360-1309
      View Details
    • Value Estimation
      $490,000
      23,199 SF

      1527 Nn St

      FOOD PROCESSING • 23,199 SF
      1527 Nn St, Newman, CA 95360-1310
      View Details

    Similar Nearby for Sale

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      Almond Orchard with Shop and Homes

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    • $5,362,470

      Land For Sale

      Land available for sale.
      1 Hamilton Rd, Patterson, CA 95360
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    • $319,900

      Industrial Land Opportunity in Newman

      1.46 acres of heavy industrial land for sale in Newman.
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      Restaurant and Building For Sale

      Restaurant business and building for sale in Newman, California.
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      View Details
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    2037 L St
    Newman, CA 95360
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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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