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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Retail residential properties
224 Park Ave Manteca, CA 95337-5664
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1555362
Property summary
AI-generated overview
This exceptional mixed-use property in prime Manteca, CA, presents a lucrative investment opportunity. The offering encompasses a thriving liquor store generating a robust $50,000 monthly gross revenue, showcasing significant growth potential. Adding to the investment's strength are four spacious residential units at the rear, currently producing a combined monthly rental income of $5,000, with further upside through potential rent increases. The sale includes the land, the established business, and the existing store fixtures, ensuring a seamless transition for the new owner. Recent improvements enhance the property's value and operational efficiency
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1948
Total area
2,300 SF
Lot
0.24 ac (10,359 SF)
Zoning code
14
APN
219-381-060-000
UPID
US09-1555362
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
-
Kwik Mart Liquor Grocery & Convenience Store
-
Amar Liquor & More (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$860k
Owner & transaction history
Amarjit Singh · 1 yrs held
Amarjit Singh
since 2025
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
14 · Manteca, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Manteca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manteca 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
$800,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $900k (Apr 25 2025)
Last sale anchor
$900k
Apr 25 2025
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
$374 / 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
$10,853
Tax year 2024
Assessed value
$955,087
Assessed 2024
Previous assessed
$955,087
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$143,263
Assessed improvement
$811,824
Applied tax rate
2.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1948
Heating
NONE
Total area
2,300 SF
Lot
0.24 ac (10,359 SF)
Zoning code
14
APN
219-381-060-000
UPID
US09-1555362
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
14 · Manteca, CA
Zoning 14 · permitted uses
14 · Manteca, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manteca. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Amarjit Singh
Individual
Mailing address
3022 RED OAK CT, TURLOCK, CA 95382-8668
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Amarjit Singh
Amarjit Singh
Deed
related
$539,719 · Valley First Cu
Oct 21, 2020
$900,000
Amarijit Singh
Nazish Hussain
Grant Deed
$600,000 · Nazish & Lubna Hussain
Feb 8, 2019
$900,000
Nazish Hussain
Gill,mandeep S
Grant Deed
$450,000 · Bank Of Stockton
Sep 28, 2016
$495,000
Mandeep S Gill
Kumar,sarita
Grant Deed
$600,000 · Hana Small Busn Lndg
Jul 3, 2006
$575,000
Sarita Kumar
Saleh,abdalla
Grant Deed
$460,000 · United Central Bank
—
—
Sarita Kumar
—
Deed Of Trust
related
$289,336 · United Central Bank
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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