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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Grocery and convenience stores
2259 Tahoe Ave Caruthers, CA 93609-9445
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-3322720
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1962
Construction
TILT-UP CONCRETE
Total area
11,386 SF
Lot
0.96 ac (42,000 SF)
Zoning code
C4
APN
043-161-09S
UPID
US09-3322720
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
-
Purple Fernan Salon Hair Salon Nail Salon
-
Valley foods supermarket Grocery & Convenience Store Food Market
-
Western Union Bank Credit Union
-
A-1 Recycling # 2 Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$562k
Blend (final)
Blend
$620k
Owner & transaction history
Kaseem S Garwen · 9 yrs held
Kaseem S Garwen
since 2016
6 recorded transactions
Zoning & alternative use
C4 · Caruthers, 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 Caruthers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Caruthers 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$54 / 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
$8,996
Tax year 2023
Assessed value
$808,748
Assessed 2023
Previous assessed
$808,748
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$250,989
Assessed improvement
$557,759
Applied tax rate
70.0000
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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
11,386 SF
Lot
0.96 ac (42,000 SF)
Zoning code
C4
APN
043-161-09S
UPID
US09-3322720
Jurisdiction
FRESNO
Zoning & alternative use
C4 · Caruthers, CA
Zoning C4 · permitted uses
C4 · Caruthers, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Caruthers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Kaseem S Garwen
Individual
Mailing address
PO BOX 158, CARUTHERS, CA 93609-0158
Ownership since
2016
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
Sep 26, 2016
$950,000
Kaseem S Garwen
Koga Y & K Family Trust
Grant Deed
$600,000 · Private Individual
Sep 26, 2016
—
Kaseem S Garwen
Saleh,raja A
Quit Claim Deed
related
—
Sep 10, 2003
—
Koga,tr
Koga,yoshinobu & Katherine R
Quit Claim Deed
related
—
Oct 12, 2000
$800,000
Koga,yoshinobu & Katherine R
Chow Brothers Investment Co
Trustees Deed
$350,000 · California Stockmens Bank
Dec 14, 1994
—
Chow Enterprises
—
Deed Of Trust
related
$1,150,000 · Owens Financial Group INC
—
—
Yoshinobu Koga
—
Deed Of Trust
related
$874,906 · Chow Brothers Investment Corp
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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