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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Apartment buildings
502 Ctr St Orange Cove, CA 93646-2264
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-2768793
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
6,004 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R3
APN
375-182-16
UPID
US09-2768793
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$707k
Blend (final)
Blend
$665k
Owner & transaction history
Sue B Jones · 10 yrs held
Sue B Jones
since 2016
7 recorded transactions
Zoning & alternative use
R3 · Orange Cove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+33.2%
Auto repair, garage
$880,000
+15.4%
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 Orange Cove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange Cove 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$765,000
Current use
OFFICE BUILDING
$1,015,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$880,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$645,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$640,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$111 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,175
Tax year 2023
Assessed value
$374,163
Assessed 2023
Previous assessed
$374,163
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$63,318
Assessed improvement
$310,845
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Units
13
Bathrooms
13
Total area
6,004 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R3
APN
375-182-16
UPID
US09-2768793
Jurisdiction
FRESNO
Zoning & alternative use
R3 · Orange Cove, CA
Zoning R3 · permitted uses
R3 · Orange Cove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange Cove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$765,000
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$880,000
RETAIL STORES
Est. value
$645,000
INDUSTRIAL (GENERAL)
Est. value
$640,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1950
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
13
Bathrooms
13
Lot
0.52 ac
Current owner
From public records · entity-resolved
Sue B Jones
Individual
Mailing address
6313 S REED AVE, REEDLEY, CA 93654-9716
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2023
—
Efrain Diaz Bustos
—
Deed
related
$100,000 · Bill G Clinton And Ruby A Clinton Revoca
Feb 29, 2016
—
Sue B Jones
Shoff,philip & Connie
Quit Claim Deed
—
Feb 29, 2016
$185,000
Efrain Diaz-bustos
Jones,sue B
Grant Deed
$160,000 · Tri Counties Bank
Jul 15, 2013
—
Sue B Jones
Shoff Family Trust
Quit Claim Deed
related
—
May 20, 2011
—
Shoff Family Trust
Shoff,philip & Connie S
Quit Claim Deed
related
—
May 28, 2009
—
Jones Sue B Trust
Jones,sue B
Quit Claim Deed
related
—
Aug 31, 1992
$210,000
Jones,sue B Etal
—
Trustees Deed
related
—
Nov 9, 1979
—
—
—
Grant Deed
related
—
—
—
Sue B Jones
—
Deed Of Trust
related
—
—
—
Sue B Jones
—
Deed Of Trust
related
$194,000 · Capitol 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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