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Property profile & analytics
OFF-MARKET
Office buildings
220 Madera Ave Kerman, CA 93630-1437
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-2650798
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
WOOD
Total area
1,540 SF
Lot
0.46 ac (20,160 SF)
Zoning code
CG
APN
023-100-27S
UPID
US09-2650798
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
-
Julie Mersh Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
K and S screenprinting (Bike/Boat/Book/etc) Store Printing Service
-
Golden West Mobile Estates Campground & RV Park
-
Berber Diesel Truck, And Gas Mechanics Auto Parts Store Big Box & Wholesale Store
-
Barretts Space 17 Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Golden West Mobile Estates LLC · 8 yrs held
Golden West Mobile Estates LLC
since 2018
7 recorded transactions
Zoning & alternative use
CG · Kerman, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CG - General Commercial Zone. The purpose of the general commercial (CG) zone is to provide areas of the city that allow a wide range of commercial and office uses which are diverse, visually pleasing, convenient in terms of parking and access, attractive, and used by citizens and visitors. The CG zone implements the general commercial (GC), regional commerc…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
115.63 ac
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 Kerman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kerman 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,532
Tax year 2023
Assessed value
$218,726
Assessed 2023
Previous assessed
$218,726
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$164,045
Assessed improvement
$54,681
Applied tax rate
13.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
CENTRAL
Stories
1
Total area
1,540 SF
Lot
0.46 ac (20,160 SF)
Zoning code
CG
APN
023-100-27S
UPID
US09-2650798
Jurisdiction
FRESNO
Zoning & alternative use
CG · Kerman, CAZoning CG · permitted uses
CG · Kerman, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CG - General Commercial Zone. The purpose of the general commercial (CG) zone is to provide areas of the city that allow a wide range of commercial and office uses which are diverse, visually pleasing, convenient in terms of parking and access, attractive, and used by citizens and visitors. The CG zone implements the general commercial (GC), regional commercial (RC), and office (O) land use designations in the general plan. B.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
115.63 ac
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
CENTRAL
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Golden West Mobile Estates LLC
Entity
Mailing address
1914 TERRACINA DR STE #130, SACRAMENTO, CA 95834-2459
Ownership since
2018
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
Nov 1, 2022
—
Golden West Mobile Estates LLC
—
Deed
related
$6,353,000 · Berkadia Commercial Mortgage LLC
Jun 8, 2018
$7,000,000
Golden West Mobile Estates LLC
Gwme LLC
Grant Deed
$4,178,000 · Berkadia Commercial Mortgage LLC
Mar 14, 2017
—
Gwme LLC
—
Deed
related
$700,000 · Farmers & Merchants Bk/lng Bch
Sep 6, 2013
—
Gwme LLC
Lester E Taylor JR
Grant Deed
$2,025,000 · Farmers & Merchants Bank Of Long Be
Jul 1, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Dec 29, 2005
—
Lemen Jacuelyn R Family Trust
Lemen,jacquelyn R
Quit Claim Deed
related
—
Apr 11, 1994
$820,000
Lester E Taylor
Lazarus Trust
Grant Deed
—
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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