Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    320 Madonia Ave Modesto, CA 95350

    • Industrial properties
    • 641,582 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimations
    $33,765,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1152921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 320 Madonia Ave

    Year built
    1947
    Construction
    TILT-UP CONCRETE
    Lot size
    0.60 lot acres
    Property size
    641,582 SF
    Property type
    Industrial properties
    APN
    109-014-042-000
    APU
    109014042000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $30,636,000
      Market price range: $21.3M - $193M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -121.01
    Latitude
    37.6486
    CBSA code
    33700
    CBSA name
    MODESTO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,994
    $114,831
    $60,149
    $174,980
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      1550 Mchenry Ave

      Individual retail properties
      1550 Mchenry Ave, Modesto, CA 95350
      View Details
    • Value Estimation by Request
      11,313 SF

      1325-1511-1413 Lone Palm Ave

      Distribution properties • 11,313 SF
      0 1325-1511-1413 Lone Palm Ave, Modesto, CA 95350
      View Details
    • Value Estimation
      $1,095,000
      12,377 SF

      126 Drake Ave

      INDUSTRIAL (GENERAL) • 12,377 SF
      126 Drake Ave, Modesto, CA 95350-4519
      View Details
    • Value Estimation by Request
      1,448 SF

      730 9th St

      INDUSTRIAL (GENERAL) • 1,448 SF
      730 9th St, Modesto, CA 95350-5731
      View Details
    • Value Estimation
      $1,355,000
      15,999 SF

      1328 9th St

      INDUSTRIAL (GENERAL) • 15,999 SF
      1328 9th St, Modesto, CA 95350-4749
      View Details
    • Value Estimation by Request
      7,237 SF

      102 9th St

      INDUSTRIAL (GENERAL) • 7,237 SF
      102 9th St, Modesto, CA 95350-5854
      View Details

    Similar Nearby for Sale

    • $2,650,000
      11,380 SF

      Retail Showroom and Warehouse Space

      Retail showroom, warehouse, and office space on a busy corridor.
      1120 Mchenry Ave, Modesto, CA 95350
      View Details
    • Contact for pricing
      21,685 SF

      Retail Space For Sale

      Grocery anchored retail space available for sale in Modesto, CA.
      1800 Prescott Rd, Modesto, CA 95350
      View Details
    • Contact for pricing

      Established Modesto Hair Salon

      Turnkey hair salon opportunity in a desirable Modesto location.
      1009 Mchenry Ave, Modesto, CA 95350
      View Details
    • $2,400,000
      19,847 SF

      Freestanding Retail Space For Sale

      19,847 SF retail space on 1.19-acre lot.
      2013 Evergreen Ave, Modesto, CA 95350
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      28,664 SF

      Industrial Warehouse with Yard Space

      Modesto warehouse with yard space available for lease.
      630 Kearney Ave, Modesto, CA 95350
      View Details
    • Contact for pricing

      McHenry Avenue Retail/Office Space Available

      Retail and warehouse spaces available for lease on McHenry Avenue.
      3025 Mchenry Ave, Modesto, CA 95350
      View Details
    • Contact for pricing
      2,921 SF

      Retail Space on Standiford Avenue

      Retail space available for lease in Modesto, California.
      2020 Standiford Ave, Modesto, CA 95350
      View Details
    • Contact for pricing
      2,750 SF

      Retail Space in Lifestyle Center

      Retail and restaurant spaces available in established shopping center.
      39 Mchenry Village Way, Modesto, CA 95350
      View Details
    • Contact for pricing
      2,700 SF

      Retail Spaces Available For Lease

      Retail spaces available in Modesto, California.
      1031-1049 Orangeburg Ave, Modesto, CA 95350
      View Details
    • $25 SF/Yr
      4,500 SF

      McHenry Village Retail Space

      Prime Retail Space, High Visibility, 4,500 sq ft
      1700 Mchenry Ave, Modesto, CA 95350
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    320 Madonia Ave
    Modesto, CA 95350
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!