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Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Warehouses
24655 Rd 16, Chowchilla, CA 93610-9345
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4313384
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1951
Construction
WOOD
Total area
1,488 SF
Lot
4.82 ac (209,959 SF)
APN
002-320-013-000
UPID
US09-4313384
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
$2.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
Mhc 230 Chowchilla Ca LLC · 3 yrs held
Mhc 230 Chowchilla Ca LLC
since 2023
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
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 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
$2,575,000
ML approach
$2,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10% · vs last sale $3.15M (May 11 2023)
Last sale anchor
$3.15M
May 11 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
$1,942 / 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
$35,036
Tax year 2024
Assessed value
$3,213,000
Assessed 2024
Previous assessed
$3,213,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,530,000
Assessed improvement
$1,683,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
1,488 SF
Lot
4.82 ac (209,959 SF)
APN
002-320-013-000
UPID
US09-4313384
Jurisdiction
MADERA
Zoning & alternative use
Zoning · permitted uses
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
1951
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
4.82 ac
Current owner
From public records · entity-resolved
Mhc 230 Chowchilla Ca LLC
Entity
Mailing address
5 OLD LANCASTER RD, MALVERN, PA 19355-2132
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
—
Mhc 230 Chowchilla Ca LLC
—
Deed
related
$220,000,000 · Blackstone Treasury Holdings I Torro LLC
Jun 6, 2023
—
Mhc V Borrower LLC
—
Deed
related
—
May 11, 2023
$3,150,000
Mhc 230 Chowchilla Ca LLC
Chowchilla Self Storage LLC
Grant Deed
—
May 25, 2022
—
Chowchilla Self Storage LLC
Pecandia LLC
Grant Deed
$1,821,625 · Nuvision Financial FCU
Jan 5, 2022
—
Pecandia LLC
—
Deed
related
$1,214,420 · Brad Drian
Oct 6, 2016
—
Petaluma Trust
Pecandia LLC
Quit Claim Deed
—
Apr 1, 2014
$1,450,000
Pecandia LLC
Robert R Ragsdale
Grant Deed
$1,015,000 · Santa Cruz County 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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