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Property profile & analytics
OFF-MARKET
Industrial land
616 Santa Cruz Ave Modesto, CA 95354-4255
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US10-2300108
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1950
Construction
WOOD FRAME
Total area
2,196 SF
Lot
0.23 ac (9,828 SF)
APN
035-041-040-000
UPID
US10-2300108
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gallo Glass Co · 15 yrs held
Gallo Glass Co
since 2010
7 recorded transactions
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$587
Tax year 2024
Assessed value
$51,492
Assessed 2024
Previous assessed
$51,492
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$51,492
Applied tax rate
2.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Bathrooms
3
Total area
2,196 SF
Lot
0.23 ac (9,828 SF)
APN
035-041-040-000
UPID
US10-2300108
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Bathrooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Gallo Glass Co
Entity
Mailing address
PO BOX 1230, MODESTO, CA 95353-1230
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2010
$41,000
Gallo Glass Co
Jp Morgan Chase Bk
Grant Deed
—
Jul 28, 2010
$45,314
Jp Morgan Chase Bk
California Reconveyance Co
Trustees Deed
related
—
Nov 6, 2001
—
Castro Trust
Castro,maria T
Quit Claim Deed
related
—
Aug 31, 2001
$95,000
Maria T Castro
Contreras,jose V & Maria E
Grant Deed
—
Oct 9, 1998
$38,366
Jose V Contreras
Bernal,rosalinda
Trustees Deed
—
Dec 31, 1997
$139,000
Rosalinda Bernal
Contreras,jose V & Maria E
Grant Deed
$97,300 · Wmc Mortgage Corp
Apr 18, 1990
$65,000
Conteras Gil V
Wadlington,mary
Grant Deed
$40,000 · Home Savings Of America
—
—
Castro,tr
—
Deed Of Trust
related
$104,000 · Washington Mutual Fsb
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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