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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Grocery and convenience stores
37275 Ave 12 Madera, CA 93636-8708
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0270640
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Construction
WOOD
Total area
4,960 SF
Lot
0.95 ac (41,382 SF)
Zoning code
MHA
APN
049-216-018-000
UPID
US09-0270640
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
-
ARSENIO'S MEXICAN FOOD Restaurant
-
ATM (S & K Mini Mart) Grocery & Convenience Store
-
Sinclair Gas Station Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$858k
Blend (final)
Blend
$975k
Owner & transaction history
Satwant S Samrao · 2 yrs held
Satwant S Samrao
since 2024
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$650,000
Current use
OFFICE BUILDING
$595,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10%
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
$197 / 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
$20,759
Tax year 2024
Assessed value
$1,852,601
Assessed 2024
Previous assessed
$1,852,601
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$378,747
Assessed improvement
$1,473,854
Applied tax rate
65.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,960 SF
Lot
0.95 ac (41,382 SF)
Zoning code
MHA
APN
049-216-018-000
UPID
US09-0270640
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$650,000
OFFICE BUILDING
Est. value
$595,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Satwant S Samrao
Individual
Free & Clear · 2 yrs held
Mailing address
9 VIA CERIONI, MADERA, CA 93637-5979
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
—
Satwant S Samrao
Bhupinder Kaur Samrao
Correction Deed
related
—
Jun 20, 2023
—
Satwant S Samrao
Bhupinder Kaur Samrao
Intrafamily Transfer
related
—
Jan 11, 2018
—
Khroud,nirmaljeet & H Trust
Khroud,nirmaljeet S & Harjinder K
Quit Claim Deed
related
—
Oct 20, 2008
—
County Of Madera
Khroud,nirmaljeet S & Harjinder K
Grant Deed
—
Aug 1, 2007
—
Bhupinder K Samrao
Samrao,satwant S
Quit Claim Deed
related
—
Aug 1, 2007
$1,175,500
Nirmaljeet S Khroud
Campbell Edward E Trust
Grant Deed
$975,100 · Campbell Edward E Trust (tr)
Apr 10, 1989
$300,000
Campbell,edward
Whyte,george
Trustees Deed
—
Apr 10, 1989
—
Whyte,george
Pronin,carrie E
Trustees Deed
related
—
—
—
Edward E Campbel
—
Deed Of Trust
related
$170,000 · Madera Valley Bank
—
—
Nirmal J S Khroud
—
Deed Of Trust
related
$800,000 · Campbell Edward E Trust (tr)
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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