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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Mobile home & RV parks
637 Riv Rd Modesto, CA 95351-4029
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2687485
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1950
Construction
WOOD FRAME
Total area
1,084 SF
Lot
2.73 ac (118,918 SF)
APN
038-006-006-000
UPID
US10-2687485
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
-
Terrace valley Housing Complex
-
Terrace Trailer Park Campground & RV Park
-
Tuolumne River Bike Trail Hiking Area Tourist Attraction
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
404 9th St LLC · 3 yrs held
404 9th St LLC
since 2022
Last sale
$675,000
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
Method
Estimation
Statistic approach
$630,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $675k (Sep 16 2022)
Last sale anchor
$675k
Sep 16 2022
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
$632 / 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
$11,661
Tax year 2024
Assessed value
$906,597
Assessed 2024
Previous assessed
$906,597
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$273,306
Assessed improvement
$633,291
Applied tax rate
80.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
NONE
Bathrooms
1
Total area
1,084 SF
Lot
2.73 ac (118,918 SF)
APN
038-006-006-000
UPID
US10-2687485
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
NONE
Bathrooms
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
404 9th St LLC
Entity
Free & Clear · 3 yrs held
Mailing address
20 DUNDEE CT STE #203, SAN RAMON, CA 94583-2569
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
—
404 9th St LLC
Nirmal Singh Mann
Quit Claim Deed
related
—
Jan 31, 2020
—
Schroede Survivors Trust
Schroeder D K & A B Trust
Quit Claim Deed
related
—
May 2, 2017
—
Robert A Olson
Olson,patricia L
Affidavit Of Death
related
—
Feb 9, 2016
—
Arcelia B Schroeder
Schroeder,dieter K
Affidavit Of Death
related
—
May 8, 2015
—
Schroeder,dieter K & A B Trust
Schroeder Peter
Quit Claim Deed
related
—
Apr 7, 2008
—
Olson Family Trust
Olson,robert A
Quit Claim Deed
related
—
Jan 19, 2005
—
Robert A Olson
Olson,patricia L
Quit Claim Deed
related
—
Jan 19, 2005
$675,000
Robert A Olson
Ewalt Trust
Grant Deed
—
Dec 10, 2004
—
Ewalt Trust
Ewalt,nancy L
Quit Claim Deed
related
—
Jun 24, 2003
—
Modesto City (ca)
Ewalt,gerald D & Nancy L
Grant Deed
related
—
Mar 10, 1998
—
Gerald D Ewalt
Downing,russell
Grant Deed
related
—
Jun 2, 1994
$97,500
Russell Downing
Trailer Terrace
Grant Deed
related
—
Apr 14, 1989
$313,000
Terrace Trailer
Ewalt,gerald D
Grant Deed
related
$212,000
—
—
Russell Downing
—
Deed Of Trust
related
$185,300 · Us Small Business Admn
—
—
Russell Downing
—
Deed Of Trust
related
$16,500 · Us Small Business Admn
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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