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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Warehouses
4718 Greenleaf Ct Modesto, CA 95356-8737
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-0262093
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Construction
WOOD
Total area
11,200 SF
Lot
0.5 ac (21,780 SF)
APN
135-030-015-000
UPID
US09-0262093
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
-
Soul Harvest Worship Center Church
-
Sam Drilling Services Construction Company General Contractor
-
Wellness Water Filtration Systems Home Appliance Store Building Supply
-
Wolco Business Systems (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.68M
Owner & transaction history
Dennis Fitzpatrick · 2 yrs held
Dennis Fitzpatrick
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.7M
+140.3%
Neighborhood: shopping center
$2.6M
+127.8%
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 Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto 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
$1,675,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
$1,990,000
6.5%
$1,835,000
7%
$1,705,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,125,000
Current use
INDUSTRIAL (GENERAL)
$2,700,000
Change: +140% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,560,000
Change: +128% · Conversion: Moderate
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.68M (Mar 29 2024)
Last sale anchor
$1.68M
Mar 29 2024
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
$150 / 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
$19,387
Tax year 2024
Assessed value
$1,708,500
Assessed 2024
Previous assessed
$1,708,500
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$300,900
Assessed improvement
$1,407,600
Applied tax rate
96.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Total area
11,200 SF
Lot
0.5 ac (21,780 SF)
APN
135-030-015-000
UPID
US09-0262093
Jurisdiction
STANISLAUS
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
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1992
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Lot
0.5 ac
Current owner
From public records · entity-resolved
Dennis Fitzpatrick
Individual
Mailing address
PO BOX 142, STINSON BEACH, CA 94970-0142
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2024
$1,675,000
Dennis Fitzpatrick
Madads Properties LLC
Grant Deed
$1,172,500 · Westamerica Bank
Jun 30, 2023
$1,675,000
Madads Properties LLC
Ira L Matheny
Grant Deed
$1,172,500 · Westamerica Bank
Jul 28, 2016
—
Ira L Matheny
—
Deed
related
$401,964 · Westamerica Bank
Apr 12, 2012
—
Matheny I L & P E Trust
Matheny,ira L & Patricia E
Quit Claim Deed
related
—
Aug 1, 2006
$1,390,000
Ira L Matheny
Kinney Family Trust
Grant Deed
$600,000 · Westamerica Bank
May 29, 1998
$334,000
Kinney Trust
Hughes,gerald P & Julie A
Trustees Deed
$910,000 · Standard Mortgage Investors
May 29, 1998
$353,500
Kinney Trust
Hoagland Trust
Trustees Deed
—
Mar 11, 1997
—
Sconyers Trust
Sconyers,hal W & Carol J
Quit Claim Deed
related
—
May 3, 1994
$316,500
Sconyers,hal W & Carol J
Hoagland Trust
Trustees Deed
—
May 3, 1994
—
Hoagland Trust
Hoagland Trust
Quit Claim Deed
related
—
Apr 27, 1992
—
William B Hughes
—
Grant Deed
related
$408,775 · Delta National Bank
Dec 3, 1990
$90,000
Hughes,william B
Timcor Financial
Trustees Deed
$74,100 · Delta National Bank
Dec 3, 1990
$260,000
Timcor Financial
Dowdy,kenneth A
Trustees Deed
related
—
—
—
William B Hughes
—
Deed Of Trust
related
$472,500 · Wells Fargo Bank
—
—
William A Kinney
—
Deed Of Trust
related
$900,000 · Oak Valley Community Bank
—
—
William A Kinney
—
Deed Of Trust
related
$200,000 · Oak Valley Community Bank
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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