New search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
400 Pne St, Exeter, CA 93221-1547
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6002505
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1901
Construction
WOOD
Total area
2,077 SF
Lot
0.32 ac (14,085 SF)
Zoning code
CS
APN
135-054-001-000
UPID
US09-6002505
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
-
Robert K. Narahara, Optometrist Physician
-
Miller & Ransberger, Optometrists Physician
-
Miller Terence A OD Physician
-
Primo Water Refill Big Box & Wholesale Store
-
Exeter Mini Mart VCS V&C Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ali Rahim Nouroz · 2 yrs held
Ali Rahim Nouroz
since 2023
7 recorded transactions
Zoning & alternative use
CS · Exeter, 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 Exeter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exeter 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
—
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
$5,950
Tax year 2024
Assessed value
$534,812
Assessed 2024
Previous assessed
$534,812
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$114,173
Assessed improvement
$420,639
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
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
Year built
1901
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Buildings
1
Stories
1
Bathrooms
2
Total area
2,077 SF
Lot
0.32 ac (14,085 SF)
Zoning code
CS
APN
135-054-001-000
UPID
US09-6002505
Jurisdiction
TULARE
Zoning & alternative use
CS · Exeter, CA
Zoning CS · permitted uses
CS · Exeter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Exeter. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1901
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Ali Rahim Nouroz
Individual
Free & Clear · 2 yrs held
Mailing address
217 OLD LINE AVE, EXETER, CA 93221-1289
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2023
—
Ali Rahim Nouroz
Ali Rahim Nouroz
Correction Deed
related
—
May 23, 2023
—
Exeter Mini Mart LLC
Ali Rahim Nouroz
Grant Deed
—
Jan 10, 2023
—
Ali Rahim Nouroz
Ali Rahim Nouroz
Intrafamily Transfer
related
—
Sep 8, 2015
—
Rahim,novroz & Margarita Trust
Rahim,novroz A & Margarita
Quit Claim Deed
related
—
Nov 8, 2013
$765,000
Novroz A Rahim
Lakhani,sadruddin S
Grant Deed
$450,000 · Bank Of The Sierra
Jul 24, 2007
—
Sadruddin S Lakhani
Lakhani,rozina A & Sadruddin S
Quit Claim Deed
related
—
Apr 2, 2001
$350,000
Sadruddin S Lakhani
Valley Convenience Stores INC
Grant Deed
$300,000 · Valley Convenience Stores INC
—
—
Tropicana Ranch
—
Deed Of Trust
related
$450,000 · Bind Richard B
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 400 Pne St?
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.
