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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Grocery and convenience stores
553 Newmark Ave Parlier, CA 93648-2536
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-2721271
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1986
Construction
TILT-UP CONCRETE
Total area
28,085 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C3
APN
355-280-05
UPID
US09-2721271
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
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
State Foods Supermarket Specialty Food Shop Supermarket
-
La Fonda Restaurant
-
Western Union Bank Credit Union
-
Las Palmas Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.43M
Owner & transaction history
Byram,weldon F Living Trust · 10 yrs held
Byram,weldon F Living Trust
since 2016
5 recorded transactions
Zoning & alternative use
C3 · Parlier, 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 Parlier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parlier 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
$1.43M
Range $1.29M – $1.57M · ±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
$51 / 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
$16,800
Tax year 2023
Assessed value
$1,281,388
Assessed 2023
Previous assessed
$1,281,388
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$248,358
Assessed improvement
$1,033,030
Applied tax rate
7.0000
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
28,085 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C3
APN
355-280-05
UPID
US09-2721271
Jurisdiction
FRESNO
Zoning & alternative use
C3 · Parlier, CA
Zoning C3 · permitted uses
C3 · Parlier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Parlier. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Byram,weldon F Living Trust
Trust
Mailing address
PO BOX 872, PIXLEY, CA 93256-0872
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2016
—
Byram,weldon F Living Trust
Bryam,weldon F
Affidavit Of Death
related
—
Jun 25, 2015
—
Ali Alamsi
Alamsi Zarah
Quit Claim Deed
related
—
Jun 25, 2015
$1,100,000
Ali Alamsi
Randall K Cameron
Grant Deed
$770,000 · Suncrest Bank
Nov 17, 2014
—
Byram,weldon F Living Trust
Byram,weldon
Quit Claim Deed
related
—
—
—
Weldon Byram
—
Deed Of Trust
related
$700,000 · Regency Bank
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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