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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Grocery and convenience stores
6895 Hwy 145, Madera, CA 93637-9419
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0416020
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1967
Construction
TILT-UP CONCRETE
Total area
5,681 SF
Lot
1.41 ac (61,419 SF)
Zoning code
CRM
APN
040-104-011-000
UPID
US09-0416020
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
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$770k
Owner & transaction history
Jaswant Chera
Jaswant Chera
since 2025
Last sale
$770,000
7 recorded transactions
Zoning & alternative use
CRM · Madera, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$845,000
+13.5%
Office building
$765,000
+2.2%
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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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
$770,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Current use
RESTAURANT
$845,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$765,000
Change: +2% · Conversion: Moderate
AUTO REPAIR, GARAGE
$735,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$675,000
Change: -10% · Conversion: Difficult
MEDICAL BUILDING
$625,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $770k (Jul 19 2024)
Last sale anchor
$770k
Jul 19 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
$136 / 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
$14,488
Tax year 2024
Assessed value
$1,224,880
Assessed 2024
Previous assessed
$1,224,880
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$328,241
Assessed improvement
$896,639
Applied tax rate
61.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1967
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
WALL UNIT
Buildings
2
Stories
1
Total area
5,681 SF
Lot
1.41 ac (61,419 SF)
Zoning code
CRM
APN
040-104-011-000
UPID
US09-0416020
Jurisdiction
MADERA
Zoning & alternative use
CRM · Madera, CA
Zoning CRM · permitted uses
CRM · Madera, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madera. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$745,000
RESTAURANT
Est. value
$845,000
OFFICE BUILDING
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$735,000
WAREHOUSE, STORAGE
Est. value
$675,000
MEDICAL BUILDING
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1967
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
Jaswant Chera
Individual
Mailing address
5502 N CRESTA AVE, FRESNO, CA 93723-7655
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 11, 2025
—
Jaswant Chera
Bhano Jaipaul And Jaswant Chera Fam
Deed
related
—
Jul 19, 2024
—
Bhano Jaipaul
Jaswant Chera
Intrafamily Transfer
related
—
Aug 30, 2021
—
Jaswant Singh Chera
—
Deed
related
$855,000 · State Bank Of India
Aug 19, 2005
$770,000
Jaswant Singh
Favini James V & J L Trust
Grant Deed
$1,163,428 · Favini James V & J L Tr (tr) 006329
Feb 15, 2005
—
Favini James V & Judy L Tr
Chakkalakel,jose
Trustees Deed
related
—
Mar 25, 2004
—
Jose Chakkalakel
Chakkalakel,lesamma J
Quit Claim Deed
related
—
Mar 25, 2004
$350,000
Jose Chakkalakel
Favini,tr
Grant Deed
$950,000 · Favini Trust
—
—
James V Favini Trustee
—
Deed Of Trust
related
$108,000 · Individual
—
—
Jaswant S|jaipaul Bhano Chera
—
Deed Of Trust
related
$200,000 · State Bk/india
—
—
Favini Trust
—
Deed Of Trust
related
$275,000 · Bank Of Madera County
—
—
Jaswant Singh
—
Deed Of Trust
related
$900,000 · Borrego Springs 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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