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    Property profile & analytics

    500 Kansas Ave Modesto, CA 95351-1516

    • Turn key restaurants
    • 3,864 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $7,060,000
    Last Sale
    Jun 06, 2023
    $7,000,000
    Location Intelligence
    Property ID
    US09-3408666
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Spark by Hilton Modesto / Hotel
    • Yosemite Inn / Hotel
    • Guayabitos Restaurant / Seafood Restaurant / Bar & Grill

    Property Details for 500 Kansas Ave

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.73 lot acres
    Property size
    3,864 SF
    Zone code
    MOD M-2
    Property type
    Turn key restaurants
    APN
    029-015-034-000
    APU
    29015034000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,450,000
      6.5%
      $7,180,000
      7%
      $7,585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,365,000
      Geo Method
      $6,865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,275,000
      Retail
      $6,655,000
      Mixed-Use
      $7,065,000
      Hospitality
      $6,400,000
      Educational
      $8,080,000
      Residential Income
      $6,535,000
      Energy
      $6,915,000
      Income-Based Land
      $6,140,000
      Food Service
      $6,855,000

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -121.014
    Latitude
    37.6457
    CBSA code
    33700
    CBSA name
    MODESTO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,781
    $248,146
    $251,819
    $499,965
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $535,000
      1,584 SF

      409 Paradise Rd

      RESTAURANT • 1,584 SF
      409 Paradise Rd, Modesto, CA 95351-3104
      View Details
    • Value Estimation
      $450,000
      3,864 SF

      500 Kansas Ave

      RESTAURANT • 3,864 SF
      500 Kansas Ave, Modesto, CA 95351-1516
      View Details
    • Value Estimation
      $495,000
      6,480 SF

      1000 Kansas Ave

      RESTAURANT • 6,480 SF
      1000 Kansas Ave, Modesto, CA 95351-1524
      View Details
    • Value Estimation by Request
      2,817 SF

      811 Kansas Ave

      RESTAURANT • 2,817 SF
      811 Kansas Ave, Modesto, CA 95351
      View Details
    • Value Estimation
      $365,000
      896 SF

      1246 Crows Lndg Rd

      RESTAURANT • 896 SF
      1246 Crows Lndg Rd, Modesto, CA 95351-5316
      View Details
    • Value Estimation
      $3,440,000
      3,328 SF

      1331 Hatch Rd

      RESTAURANT • 3,328 SF
      1331 Hatch Rd, Modesto, CA 95351-5010
      View Details

    Similar Nearby for Sale

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      Prime Modesto Restaurant - Vacant

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      Commercial Land with Highway Visibility

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      Commercial land for redevelopment near major retailers and high-traffic highway.
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    Similar Nearby for Lease

    • $21 SF/Yr
      1,200 SF

      Kansas Ave Retail Space - QSR Ready

      High-traffic QSR/Retail Opportunity in Stanislaus County
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      View Details
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      Industrial Space in Modesto, CA

      Industrial property available for lease in Modesto, California.
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    • $13 SF/Yr
      3,004 SF

      Modesto Warehouse Space Available

      3,004 square foot warehouse space for lease in Modesto.
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    • $12 SF/Yr
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      Modesto Flex Space Available

      Flex space with small office for rent in Modesto.
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    • $12 SF/Yr
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      Modesto Warehouse Space Available

      Warehouse space for rent in Modesto, CA.
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    • Contact for pricing
      15,360 SF

      Modesto Warehouse with Fenced Yard

      15,360 SF warehouse with fenced yard in Modesto.
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      View Details
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    Modesto, CA 95351-1516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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