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Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Grocery and convenience stores
54406 Rd 432 Bass Lake, CA 93604
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3266633
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1963
Construction
WOOD
Total area
24,423 SF
Lot
0.83 ac (36,154 SF)
Zoning code
CUM
APN
070-120-014-000
UPID
US09-3266633
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
-
Marina Burgers Restaurant
-
Bass Lake Boat Rentals and Watersports Boat Rental Service Boat Ramp
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$4.50M
Owner & transaction history
Yosemite Bass Lake Activities INC · 2 yrs held
Yosemite Bass Lake Activities INC
since 2024
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
CUM · Bass Lake, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.2M
+100.1%
Restaurant
$4.1M
+32.2%
Industrial (general)
$3.7M
+17.7%
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 Bass Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bass Lake 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
$4,500,000
ML approach
$4,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,120,000
Current use
COMMERCIAL (GENERAL)
$6,240,000
Change: +100% · Conversion: Easy
RESTAURANT
$4,125,000
Change: +32% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,670,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,475,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$3,285,000
Change: +5% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,250,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.50M (Jan 5 2024)
Last sale anchor
$4.50M
Jan 5 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
$184 / 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
$60,228
Tax year 2024
Assessed value
$2,328,936
Assessed 2024
Previous assessed
$2,328,936
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$480,724
Assessed improvement
$1,848,212
Applied tax rate
56.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
1
Bathrooms
9
Total area
24,423 SF
Lot
0.83 ac (36,154 SF)
Zoning code
CUM
APN
070-120-014-000
UPID
US09-3266633
Jurisdiction
MADERA
Zoning & alternative use
CUM · Bass Lake, CA
Zoning CUM · permitted uses
CUM · Bass Lake, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bass Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$6.2M
RESTAURANT
Est. value
$4.1M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1963
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
1
Bathrooms
9
Lot
0.83 ac
Current owner
From public records · entity-resolved
Yosemite Bass Lake Activities INC
Entity
Mailing address
PO BOX 222, BASS LAKE, CA 93604-0222
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
—
Yosemite Bass Lake Activities INC
The Pines Village And Retail LLC
Correction Deed
related
—
Jan 5, 2024
$4,500,000
Yosemite Bas Lake Activities INC
The Pines Village And Retail LLC
Grant Deed
$7,955,000 · Greenlaw Ag Holdings LLC
Dec 31, 2013
—
Pines Village & Retail LLC
Carmel Pines Investments LLC
Quit Claim Deed
$200,000 · Ryzman Foundation INC
Jul 22, 2011
—
Carmel Pines Investments LLC
Carmel Pines Investments LLC
Quit Claim Deed
related
—
Dec 29, 2004
—
Pines Resorts Of California LLC
Pines Resorts Of California INC
Quit Claim Deed
related
—
Nov 5, 1993
$5,093,000
Rudolf R Schulte
Pines Resorts Ca
Grant Deed
related
—
—
—
Pines Village & Retail LLC
—
Deed Of Trust
related
$1,500,000 · United Sec Bk
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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