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Property profile & analytics
OFF-MARKET
Estimated value
$2,120,000
Retail properties & Spaces
24167 Robertson Blvd Chowchilla, CA 93610-9058
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0095924
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1979
Total area
5,352 SF
Lot
1.62 ac (70,567 SF)
Zoning code
CRM
APN
026-233-003-000
UPID
US09-0095924
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
$2.02M
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
John Harvey Zinke · 3 yrs held
John Harvey Zinke
since 2023
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
CRM · Chowchilla, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+100.1%
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
$2,005,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
$1,825,000
6.5%
$1,685,000
7%
$1,565,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,365,000
Change: +100% · Conversion: Easy
Blend value · Realmo final
$2.12M
Range $1.91M – $2.33M · ±10% · vs last sale $2.45M (May 4 2023)
Last sale anchor
$2.45M
May 4 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
$396 / 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
$3,955
Tax year 2024
Assessed value
$362,661
Assessed 2024
Previous assessed
$362,661
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$208,080
Assessed improvement
$154,581
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Rooms
1
Total area
5,352 SF
Lot
1.62 ac (70,567 SF)
Zoning code
CRM
APN
026-233-003-000
UPID
US09-0095924
Jurisdiction
MADERA
Zoning & alternative use
CRM · Chowchilla, CA
Zoning CRM · permitted uses
CRM · 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
COMMERCIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (GENERAL)
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
1979
Heating
NONE
Stories
1
Rooms
1
Lot
1.62 ac
Current owner
From public records · entity-resolved
John Harvey Zinke
Individual
Mailing address
PO BOX 550, CHOWCHILLA, CA 93610-0550
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
John Harvey Zinke
—
Deed
related
$1,300,000 · Farmers & Merchants Bank Of Central Ca
May 4, 2023
—
John Harvey Zinke
John Harvey Zinke
Intrafamily Transfer
related
$10,600,000 · Farmers & Merchants Bank Of Central Ca
Mar 3, 2023
—
John Harvey Zinke
—
Deed
related
$1,300,000 · Farmers & Merchants Bank Of Central Ca
Oct 12, 2022
—
John Harvey Zinke
John Harvey Zinke
Intrafamily Transfer
related
—
Jul 9, 2021
—
Tac Investment Group LLC
Duane Blech
Quit Claim Deed
related
$5,704,290 · American Agcredit Aca
Jul 9, 2021
$2,450,000
John Harvey Zinke
Tac Investment Group LLC
Grant Deed
—
Aug 2, 2017
—
Tac Investment Group LLC
Thomas Reindl
Grant Deed
$3,000,000 · Fresno First Bank
Mar 26, 2008
—
Blech Rubin Living Trust
Blech,rubin
Quit Claim Deed
related
—
Nov 7, 2005
$250,000
Rubin Blech
Balmat H J & M M Fam Trust
Grant Deed
$125,000 · Balmat Family 1999 Trust (tr)
Dec 29, 2000
$188,000
Ruben Blech
Balmat Trust
Grant Deed
$137,900 · Balmat Trust
Dec 11, 2000
—
Balmat Trust
Balmat Trust
Quit Claim Deed
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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