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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Drive through restaurants
2373 Whitmore Ave Ceres, CA 95307-2635
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1328627
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1964
Construction
WOOD
Total area
1,779 SF
Lot
0.54 ac (23,522 SF)
APN
127-010-025-000
UPID
US09-1328627
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
-
MrBeast Burger Restaurant
-
Fosters (Bike/Boat/Book/etc) Store
-
Fosters Freeze Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$849k
Blend (final)
Blend
$850k
Owner & transaction history
Kuruppanattu INC · 3 yrs held
Kuruppanattu INC
since 2023
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$685,000
+6.0%
Auto repair, garage
$665,000
+2.4%
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 Ceres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ceres 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
$850,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$650,000
Current use
WAREHOUSE, STORAGE
$685,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$665,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Jun 9 2023)
Last sale anchor
$850k
Jun 9 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
$478 / 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
$9,879
Tax year 2024
Assessed value
$882,910
Assessed 2024
Previous assessed
$882,910
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$339,660
Assessed improvement
$543,250
Applied tax rate
1.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
1,779 SF
Lot
0.54 ac (23,522 SF)
APN
127-010-025-000
UPID
US09-1328627
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
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
RESTAURANT Current
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$665,000
RESTAURANT Current
WAREHOUSE, STORAGE
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
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Kuruppanattu INC
Entity
Mailing address
1873 SOUTHWELL WAY, MANTECA, CA 95337-7988
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$850,000
Kuruppanattu INC
Troubador Garments USA Ltd
Grant Deed
$1,407,100 · Wells Fargo Bank NA
Jun 24, 2005
—
Troubador Garments Ltd
Troubador Garments Ltd
Quit Claim Deed
related
$119,000 · Success Cap Expansion & Dev Co
Nov 5, 2004
—
Troubador Garments Ltd
—
Trustees Deed
related
$127,900 · Bank Of America
Mar 23, 1999
—
Troubador Garments USA Ltd
—
Grant Deed
related
$155,500 · Bank Of America Community Dev
Nov 25, 1998
$200,000
Troubador Garments Ltd
Sammons,charles I & Norma S
Grant Deed
$130,000 · Seller
—
—
Charles Sammons
—
Deed Of Trust
related
$49,200 · Harmon Financial
—
—
Charles Sammons
—
Deed Of Trust
related
$26,800 · Harmon Financial
—
—
Charles I Sammons
—
Deed Of Trust
related
$100,000 · Individual
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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