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Property profile & analytics
OFF-MARKET
Estimated value
$5,920,000
Warehouses
450 Almond Ave Madera, CA 93637-5619
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2210773
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1983
Total area
21,540 SF
Lot
0.93 ac (40,510 SF)
APN
012-240-023-000
UPID
US09-2210773
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
-
Safeguard Storage South Storage Facility
-
Safeguard Mini Storage South Storage Facility
-
Madera Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.44M
CAP Approach
CAP
$2.89M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$5.92M
Owner & transaction history
Jkg A LLC · 5 yrs held
Jkg A LLC
since 2021
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.2M
+25.5%
Office building
$2.9M
+13.1%
Neighborhood: shopping center
$2.8M
+10.6%
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
$5,440,000
CAP Approach
CAP Return
Estimation
6%
$3,130,000
6.5%
$2,885,000
7%
$2,680,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,555,000
Current use
RESTAURANT
$3,210,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$2,890,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,830,000
Change: +11% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,785,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$5.92M
Range $5.33M – $6.51M · ±10% · vs last sale $4.10M (Feb 27 2020)
Last sale anchor
$4.10M
Feb 27 2020
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
$275 / 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
$24,195
Tax year 2024
Assessed value
$2,045,299
Assessed 2024
Previous assessed
$2,045,299
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$136,167
Assessed improvement
$1,909,132
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Heating
NONE
Total area
21,540 SF
Lot
0.93 ac (40,510 SF)
APN
012-240-023-000
UPID
US09-2210773
Jurisdiction
MADERA
Zoning & alternative use
Zoning · permitted uses
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
WAREHOUSE, STORAGE Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.8M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
Year built
1983
Heating
NONE
Lot
0.93 ac
Current owner
From public records · entity-resolved
Jkg A LLC
Entity
Mailing address
1445 S WHITEHALL LN, SAINT HELENA, CA 94574-9787
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2021
—
Jkg A LLC
Mike Douglas
Correction Deed
related
—
Feb 27, 2020
$4,100,000
Jkg-a LLC
Douglas Family Trust
Grant Deed
—
Aug 1, 2018
—
Douglas Family Trust
—
Grant Deed
related
$1,500,000 · Kinecta FCU
Aug 30, 2012
$1,380,000
Telesis Cmnty Cu
Stewart Default Services
Trustees Deed
related
—
Aug 24, 2006
—
Douglas Family Trust
Douglas,mike & Lisa
Quit Claim Deed
related
—
Nov 17, 1998
$2,325,000
Mike Douglas
Realty Investment V11
Grant Deed
$862,500 · Nationsbank NA (south)
Feb 9, 1990
$271,500
Realty Investors
Exchange,interme
Trustees Deed
related
—
—
—
Mike Douglas
—
Deed Of Trust
related
$148,065 · Realty Investors Vii
—
—
Douglas Family Trust
—
Deed Of Trust
related
$275,000 · Ameriprise Solution Trust (ct)
—
—
Douglas Family Trust
—
Deed Of Trust
related
$275,000 · Option Financial Trust (ct)
—
—
Douglas Family Trust
—
Deed Of Trust
related
$275,000 · Xcel Enterprise
—
—
Mike Douglas
—
Deed Of Trust
related
$1,100,000 · Greater Bay Bank
—
—
Douglas Family Trust
—
Deed Of Trust
related
$1,810,000 · Telesis Community Cu
—
—
Realty Investors Vii
—
Deed Of Trust
related
$750,000 · Imperial Thrift & Loan
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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