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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Turn key restaurants
500 Kansas Ave Modesto, CA 95351-1516
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2417566
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Construction
WOOD
Total area
3,864 SF
Lot
0.73 ac (31,798 SF)
Zoning code
MOD M-2
APN
029-015-036-000
UPID
US09-2417566
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
-
Spark by Hilton Modesto Hotel & Motel
-
Yosemite Inn Hotel & Motel
-
Guayabitos Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$640k
Owner & transaction history
Cnd Modesto LLC · 3 yrs held
Cnd Modesto LLC
since 2023
7 recorded transactions
Zoning & alternative use
MOD M-2 · Modesto, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$166 / 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
$5,828
Tax year 2024
Assessed value
$511,489
Assessed 2024
Previous assessed
$511,489
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$249,641
Assessed improvement
$261,848
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Total area
3,864 SF
Lot
0.73 ac (31,798 SF)
Zoning code
MOD M-2
APN
029-015-036-000
UPID
US09-2417566
Jurisdiction
STANISLAUS
Zoning & alternative use
MOD M-2 · Modesto, CA
Zoning MOD M-2 · permitted uses
MOD M-2 · Modesto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Modesto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Lot
0.73 ac
Current owner
From public records · entity-resolved
Cnd Modesto LLC
Entity
Mailing address
7508 CHANTILLY WAY, HUGHSON, CA 95326-9156
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
—
Cnd Modesto LLC
—
Deed
related
$3,562,000 · The Mortgage Capital Development Corp
Jun 23, 2025
—
Cnd Modesto LLC
—
Deed
related
$4,972,000 · Poppy Bank
Jan 12, 2024
—
Cnd Modesto LLC
—
Deed
related
$1,200,000 · Viral Patel Revocable Trust
Jun 6, 2023
$7,000,000
Cnd Modesto LLC
Godavri Properties LLC
Grant Deed
$5,000,000 · Viral Patel Trust
Feb 24, 2023
—
Godavri Properties LLC
Godavri Properties LLC
Intrafamily Transfer
related
—
Mar 10, 2020
—
Godavri Properties LLC
Khatri Living Trust
Quit Claim Deed
—
Jul 24, 1996
$1,600,000
Hement K Khatri
Devalila Corp
Grant Deed
$765,000 · Sacramento Commercial Bank
—
—
Hement K Khatri
—
Deed Of Trust
related
$2,100,000 · Bank Of The West
—
—
Hement K Khatri
—
Deed Of Trust
related
$1,625,000 · Bank Of The West
—
—
Hement K Khatri
—
Deed Of Trust
related
$700,000 · Stanislaus County Economic Dev
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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