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Property profile & analytics
OFF-MARKET
Estimated value
$3,790,000
Grocery and convenience stores
21282 Marks Ave Riverdale, CA 93656-9408
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2897608
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1960
Construction
TILT-UP CONCRETE
Total area
21,640 SF
Lot
3.85 ac (167,706 SF)
Zoning code
C2
APN
055-131-01S
UPID
US09-2897608
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
-
A-1 Recycling Recycling Center Waste Management Facility
-
State Foods Supermarket Specialty Food Shop Supermarket
-
ATM Atm
-
TNT Fireworks Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.31M
Comparable Approach
Comparable
$3.49M
Blend (final)
Blend
$3.79M
Owner & transaction history
Mukhtar M Shalbi · 4 yrs held
Mukhtar M Shalbi
since 2021
7 recorded transactions
Zoning & alternative use
C2 · Riverdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+98.1%
Medical building
$4.2M
+81.2%
Office building
$3.7M
+57.4%
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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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%
$4,660,000
6.5%
$4,305,000
7%
$3,995,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,330,000
Current use
RESTAURANT
$4,615,000
Change: +98% · Conversion: Easy
MEDICAL BUILDING
$4,220,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$3,665,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,175,000
Change: +36% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,750,000
Change: +18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,305,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.79M
Range $3.41M – $4.17M · ±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
$175 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$20,028
Tax year 2023
Assessed value
$1,848,283
Assessed 2023
Previous assessed
$1,848,283
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$577,587
Assessed improvement
$1,270,696
Applied tax rate
170.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
21,640 SF
Lot
3.85 ac (167,706 SF)
Zoning code
C2
APN
055-131-01S
UPID
US09-2897608
Jurisdiction
FRESNO
Zoning & alternative use
C2 · Riverdale, CAZoning C2 · permitted uses
C2 · Riverdale, CA
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
$2.3M
RESTAURANT
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.85 ac
Current owner
From public records · entity-resolved
Mukhtar M Shalbi
Individual
Mailing address
PO BOX 872, PIXLEY, CA 93256-0872
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
Dec 7, 2021
—
Mukhtar M Shalbi
Mukhtar M Shaibi
Grant Deed
$2,070,000 · Mid Valley Services INC
Mar 20, 2020
—
Mukhtar M Shaibi
—
Deed
related
$3,700,000 · Mid Vly Svcs
Jan 20, 2015
$1,600,000
Mukhtar M|alamsi Ahmed M Shaibi
Au-yeung,fai & Wendy
Grant Deed
$1,200,000 · Fai & Wenry R Au-yeung
Jan 20, 2015
—
Qasem A Saleh
Mohamed,adwaa F N
Quit Claim Deed
related
—
Feb 8, 1996
$290,000
Fai Au-yeung
Wong,quentin L & Doris G
Grant Deed
$140,000 · Seller
Jan 18, 1982
$300,000
—
—
Grant Deed
related
—
—
—
Mukhtar M Shaibi
—
Deed Of Trust
related
$3,700,000 · Mid Vly Svcs
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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