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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Auto shops
2924 Mchenry Ave Modesto, CA 95350-2350
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-3062975
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2013
Construction
WOOD
Total area
2,382 SF
Lot
0.59 ac (25,700 SF)
APN
013-010-072-000
UPID
US10-3062975
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
-
Arco Gas Station
-
ampm Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$2.27M
Owner & transaction history
Sehaj & Rai INC · 3 yrs held
Sehaj & Rai INC
since 2022
Last sale
$2.4M
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 Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto 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
$2,215,000
ML approach
$2,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.38M (Dec 2 2022)
Last sale anchor
$2.38M
Dec 2 2022
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
$951 / 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
$22,580
Tax year 2024
Assessed value
$2,040,000
Assessed 2024
Previous assessed
$2,040,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$596,700
Assessed improvement
$1,443,300
Applied tax rate
2.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2013
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,382 SF
Lot
0.59 ac (25,700 SF)
APN
013-010-072-000
UPID
US10-3062975
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
Building & site characteristics
From public records
Year built
2013
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Sehaj & Rai INC
Entity
Mailing address
2924 MCHENRY AVE, MODESTO, CA 95350-2350
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
$2,380,000
Sehaj & Rai INC
Fattal INC
Grant Deed
$4,158,300 · Celtic Bank Corporation
Mar 19, 2014
—
Fattal INC
—
Trustees Deed
related
$450,000 · Bp West Coast Products
Oct 7, 2013
—
Fattal INC
—
Trustees Deed
related
$1,250,000 · Mid Valley Services INC
Sep 29, 2003
$950,000
Fattal INC
Bp West Coast Products LLC
Grant Deed
—
May 9, 2002
—
Bp West Coast Product LLC
Atlantic Richfield Co
Grant Deed
related
—
—
—
Fattal INC
—
Deed Of Trust
related
$1,250,000 · Delta Bank NA
—
—
Fattal INC
—
Deed Of Trust
related
$470,300 · State Water Resources Control
—
—
Greater Bay Bank
—
Deed Of Trust
related
$332,500 · Cupertino Nat'l Bank & Trust
—
—
Greater Bay Bank
—
Deed Of Trust
related
$475,000 · Greater Bay 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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