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Property profile & analytics
OFF-MARKET
Estimated value
$2,060,000
Warehouses
5272 Jerusalem Ct Modesto, CA 95356-9278
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4999942
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
12,480 SF
Lot
1 ac (43,560 SF)
Zoning code
PDI
APN
004-065-019-000
UPID
US09-4999942
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
-
Natural Remedies Consulting (Bike/Boat/Book/etc) Store
-
NRC (Bike/Boat/Book/etc) Store
-
Tree Service Experts Modesto Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.06M
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$2.06M
Owner & transaction history
Red5 LLC · 2 yrs held
Red5 LLC
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
PDI · Modesto, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+173.1%
Industrial (general)
$3.0M
+140.3%
Neighborhood: shopping center
$2.9M
+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
$2,060,000
ML approach
$2,060,000
CAP Approach
CAP Return
Estimation
6%
$2,215,000
6.5%
$2,045,000
7%
$1,900,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,255,000
Current use
COMMERCIAL (GENERAL)
$3,420,000
Change: +173% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,010,000
Change: +140% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,855,000
Change: +128% · Conversion: Moderate
Blend value · Realmo final
$2.06M
Range $1.85M – $2.27M · ±10% · vs last sale $2.06M (Jul 3 2024)
Last sale anchor
$2.06M
Jul 3 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
$165 / 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
$14,317
Tax year 2024
Assessed value
$1,233,029
Assessed 2024
Previous assessed
$1,233,029
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$294,854
Assessed improvement
$938,175
Applied tax rate
98.0000
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
2005
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
EVAPORATIVE
Total area
12,480 SF
Lot
1 ac (43,560 SF)
Zoning code
PDI
APN
004-065-019-000
UPID
US09-4999942
Jurisdiction
STANISLAUS
Zoning & alternative use
PDI · Modesto, CA
Zoning PDI · permitted uses
PDI · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
2005
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
1 ac
Current owner
From public records · entity-resolved
Red5 LLC
Entity
Mailing address
3728 WINDWOOD PLPI, MODESTO, CA 95355-3621
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
—
Red5 LLC
—
Deed
related
$150,000 · Success Capital Expansion & Development
Jul 18, 2024
—
Red5 LLC
—
Deed
related
$844,000 · Success Capital Expension & Development
Jul 3, 2024
$2,059,500
Red5 LLC
Vision Logistics & Management LLC
Grant Deed
$1,029,600 · Community West Bank NA
Mar 31, 2022
—
Vision Logistics And Management LLC
—
Deed
related
$607,000 · Socotra Reit I LLC
Aug 2, 2019
$1,150,000
Vision Logistics & Mgmt LLC
Menghetti Construction INC
Grant Deed
$575,000 · Socotra Opportunity Fund LLC
Mar 24, 2014
—
Menghetti Construction INC
Menghetti C A & D J Trust
Quit Claim Deed
—
Jun 20, 2008
—
Menghetti C A & D J 2008 Trust
Menghetti,charles A & Darlene
Quit Claim Deed
related
—
Sep 29, 2005
—
Charles A Menghetti
—
Trustees Deed
related
$960,000 · Modesto Commerce Bank
May 25, 2004
$230,500
Charles Menghetti
Mgm Development LLC
Grant Deed
—
Feb 18, 2003
—
Mgm Development LLC
Gregorio,tony & Kathleen
Grant Deed
related
—
Apr 30, 2002
—
Tony Gregorio
Gregorio,tony
Quit Claim Deed
related
—
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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