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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Super regional malls
901 Carpenter Rd Modesto, CA 95351-1191
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3781055
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Lot
7.1 ac (309,276 SF)
Zoning code
PD437
APN
081-055-023-000
UPID
US09-3781055
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
-
Custom Mylar Bags - Custom Packaging Industrial Manufacturer Factory
-
McDonald's Restaurant Take-out & Catering
-
Saigon One Restaurant
-
USCIS Application Support Center (ASC) Immigration & Naturalization Service
-
Subway Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Crossroads Sc One · 12 yrs held
Crossroads Sc One
since 2013
4 recorded transactions
Zoning & alternative use
PD437 · Modesto, 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 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
by Request
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
—
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
$24,478
Tax year 2024
Assessed value
$2,148,292
Assessed 2024
Previous assessed
$2,148,292
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,055,905
Assessed improvement
$1,092,387
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Heating
NONE
Lot
7.1 ac (309,276 SF)
Zoning code
PD437
APN
081-055-023-000
UPID
US09-3781055
Jurisdiction
STANISLAUS
Zoning & alternative use
PD437 · Modesto, CA
Zoning PD437 · permitted uses
PD437 · Modesto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Modesto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
7.1 ac
Current owner
From public records · entity-resolved
Crossroads Sc One
Individual
Free & Clear · 12 yrs held
Mailing address
1500 STANDIFORD AVE, MODESTO, CA 95350-0592
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2013
—
Crossroads Sc One
Crossroads Sc One
Quit Claim Deed
related
—
Jul 27, 2010
—
Crossroads Sc One
Owner Name Unavailable
Grant Deed
related
—
—
—
Crossroads S C One
—
Deed Of Trust
related
$4,184,000 · Tri Counties Bank
—
—
Crossroads Sc One
—
Loan Modification
related
$4,900,000 · Farmers & Merchants Bk Ctrl Ca
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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