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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
481 Madera Ave Kerman, CA 93630-1537
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0588541
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1976
Construction
WOOD
Total area
1,886 SF
Lot
0.29 ac (12,600 SF)
Zoning code
CG
APN
023-123-35
UPID
US09-0588541
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
-
Star 7 Market Gas Station
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
Rajveer S Joea · 10 yrs held
Rajveer S Joea
since 2016
7 recorded transactions
Zoning & alternative use
CG · Kerman, 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 Kerman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kerman 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,088
Tax year 2023
Assessed value
$268,846
Assessed 2023
Previous assessed
$268,846
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$88,626
Assessed improvement
$180,220
Applied tax rate
13.0000
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
Year built
1976
Construction
WOOD
Heating
NONE
Stories
1
Rooms
5
Total area
1,886 SF
Lot
0.29 ac (12,600 SF)
Zoning code
CG
APN
023-123-35
UPID
US09-0588541
Jurisdiction
FRESNO
Zoning & alternative use
CG · Kerman, CA
Zoning CG · permitted uses
CG · Kerman, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kerman. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
NONE
Stories
1
Rooms
5
Lot
0.29 ac
Current owner
From public records · entity-resolved
Rajveer S Joea
Individual
Mailing address
14459 W EL MAR AVE, KERMAN, CA 93630-2112
Ownership since
2016
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 26, 2016
—
Rajveer S Joea
Joea,rajveer S
Quit Claim Deed
related
—
Apr 10, 2013
—
Rajveer S Joea
Joea,jaswinder S & Harjeet K
Quit Claim Deed
related
—
Mar 10, 2000
$157,500
Jaswinder S Joea
Stathes Trust
Grant Deed
$157,500 · California Bank & Trust
Nov 30, 1998
—
Mary Larabee
Moore Trust
Grant Deed
related
—
Apr 2, 1975
$9,500
—
—
Grant Deed
related
—
—
—
Jaswinder S Joea
—
Deed Of Trust
related
$29,000 · Individual
—
—
Jaswinder S Joea
—
Deed Of Trust
related
$116,000 · Fresno Certified Development
—
—
Jaswinder S Joea
—
Deed Of Trust
related
$157,500 · California Bank & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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