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Property profile & analytics
OFF-MARKET
Estimated value
$125,000
Manufacturing properties
24267 Tropical Dr Madera, CA 93638-9623
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-0635511
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1991
Construction
WOOD
Total area
1,632 SF
Lot
0.99 ac (43,124 SF)
Zoning code
MHA
APN
032-682-005-000
UPID
US09-0635511
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
$145k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$125k
Owner & transaction history
Arturo Avalos Morales · 2 yrs held
Arturo Avalos Morales
since 2023
Last sale
$150,000
7 recorded transactions
Zoning & alternative use
MHA · Madera, 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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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
$125,000
ML approach
$145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$125k
Range $113k – $138k · ±10% · vs last sale $150k (Oct 13 2023)
Last sale anchor
$150k
Oct 13 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
$77 / 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
$1,968
Tax year 2024
Assessed value
$164,044
Assessed 2024
Previous assessed
$164,044
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$109,363
Assessed improvement
$54,681
Applied tax rate
61.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
NONE
Total area
1,632 SF
Lot
0.99 ac (43,124 SF)
Zoning code
MHA
APN
032-682-005-000
UPID
US09-0635511
Jurisdiction
MADERA
Zoning & alternative use
MHA · Madera, CAZoning MHA · permitted uses
MHA · Madera, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
NONE
Lot
0.99 ac
Current owner
From public records · entity-resolved
Arturo Avalos Morales
Individual
Free & Clear · 2 yrs held
Mailing address
24275 TROPICAL DR, MADERA, CA 93638-9623
Mailing matches property
Yes
Owner-occupied
Yes
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
Oct 13, 2023
—
Arturo Avalos Morales
Claudia Estella Avalos
Intrafamily Transfer
related
—
Jun 21, 2019
$150,000
Claudia E Avalos
Cardoza Family Trust
Grant Deed
$145,000 · Cardoza Family Trust (pt)
Jun 21, 2019
—
Claudia E Avalos
Rios,salvador H
Quit Claim Deed
—
Oct 18, 2016
—
Cardoza Family Trust
Cardoza,efrain & Angie
Quit Claim Deed
related
—
Feb 5, 2003
$125,000
Efrain Cardoza
Taylor,calvin & Charlene
Grant Deed
—
Jul 19, 1995
$79,000
Calvin Taylor
Hood,larry W & Linda D
Grant Deed
$77,000 · Individual
—
—
Larry W Hood
—
Deed Of Trust
related
$25,158 · Security Pac Hou
—
—
Efrain Cardoza
—
Deed Of Trust
related
$93,750 · Bank Of America
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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