Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Super regional malls
3505 Central Ave Ceres, CA 95307-4191
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1059698
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2004
Construction
WOOD
Total area
21,030 SF
Lot
0.82 ac (35,719 SF)
Zoning code
C2
APN
053-029-018-000
UPID
US09-1059698
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
-
Multiservicios Latinos LLC Bank Credit Union
-
Tarascas Bakery Bakery Specialty Food Shop
-
El Tarasco Snacks Restaurant
-
Simi Laundry (Bike/Boat/Book/etc) Store
-
La Base Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
Surjit Singh · 2 yrs held
Surjit Singh
since 2024
7 recorded transactions
Zoning & alternative use
C2 · Ceres, CA
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 Ceres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ceres 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$122 / 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
$22,474
Tax year 2024
Assessed value
$2,009,839
Assessed 2024
Previous assessed
$2,009,839
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$230,823
Assessed improvement
$1,779,016
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Total area
21,030 SF
Lot
0.82 ac (35,719 SF)
Zoning code
C2
APN
053-029-018-000
UPID
US09-1059698
Jurisdiction
STANISLAUS
Zoning & alternative use
C2 · Ceres, CAZoning C2 · permitted uses
C2 · Ceres, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning | Ceres, CA
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
NONE
Lot
0.82 ac
Current owner
From public records · entity-resolved
Surjit Singh
Individual
Mailing address
1619 HACKETT RD, CERES, CA 95307-9262
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 27, 2024
—
Surjit Singh
Surjit Singh
Intrafamily Transfer
related
$3,000,000 · Bank Of Stockton
Sep 19, 2018
—
Punjab Plaza LLC
—
Deed
related
$500,000 · Wells Fargo Bank NA
Jul 10, 2013
—
Punjab Plaza LLC
Singh,surgit
Grant Deed
—
Jul 23, 2004
—
Surgit Singh
Singh,ranjit K
Quit Claim Deed
related
$300,000 · Robert Bass LLC
Feb 14, 2002
$120,000
Surgit Singh
Wyatt,jimmy L & Sandra L
Grant Deed
—
Mar 17, 1994
—
Jimmy L Wyatt
Cornwell,larry D
Grant Deed
related
—
Sep 14, 1990
$135,000
Cornwell,larry D
Lagar Corp
Trustees Deed
—
—
—
Larry D Cornwell
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3505 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
