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Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Manufacturing properties
21707 Rd 20 Chowchilla, CA 93610-9609
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2665743
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1983
Total area
8,000 SF
Lot
15.81 ac (688,683 SF)
Zoning code
ARE-20
APN
027-202-049-000
UPID
US10-2665743
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.80M
Owner & transaction history
Brave Flowers LLC · 2 yrs held
Brave Flowers LLC
since 2023
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
ARE-20 · Chowchilla, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+70.0%
Restaurant
$1.4M
+12.4%
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 Chowchilla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chowchilla 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
$1,475,000
ML approach
$1,505,000
CAP Approach
CAP Return
Estimation
6%
$1,710,000
6.5%
$1,580,000
7%
$1,465,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,200,000
Current use
COMMERCIAL (GENERAL)
$2,045,000
Change: +70% · Conversion: Difficult
RESTAURANT
$1,350,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,140,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±10% · vs last sale $1.80M (Oct 26 2023)
Last sale anchor
$1.80M
Oct 26 2023
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
$224 / 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
$19,628
Tax year 2024
Assessed value
$1,800,002
Assessed 2024
Previous assessed
$1,800,002
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$500,000
Assessed improvement
$1,300,002
Applied tax rate
60.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1983
Heating
NONE
Buildings
3
Stories
3
Total area
8,000 SF
Lot
15.81 ac (688,683 SF)
Zoning code
ARE-20
APN
027-202-049-000
UPID
US10-2665743
Jurisdiction
MADERA
Zoning & alternative use
ARE-20 · Chowchilla, CA
Zoning ARE-20 · permitted uses
ARE-20 · Chowchilla, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chowchilla. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
1983
Heating
NONE
Stories
3
Buildings
3
Lot
15.81 ac
Current owner
From public records · entity-resolved
Brave Flowers LLC
Entity
Mailing address
7612 N MARKS AVE, FRESNO, CA 93711-0262
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2025
—
Brave Flowers LLC
—
Deed
related
$1,525,000 · Tri Counties Bank
Oct 26, 2023
$1,800,000
Brave Flowers LLC
William S Dicker
Grant Deed
$1,000,000 · William Dicker
—
—
Edward Dicker
—
Deed Of Trust
related
—
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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