Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    919 Mchenry Ave Modesto, CA 95350-5416

    • Automotive properties
    • 1,326 SF
    • 0.41 lot acres
    OFF-MARKET
    Last Sale
    May 03, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2839979
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Citi Auto Sales / Used Car Dealer

    Property Details for 919 Mchenry Ave

    Year built
    1960
    Construction
    TILT-UP CONCRETE
    Lot size
    0.41 lot acres
    Property size
    1,326 SF
    Property type
    Automotive properties
    APN
    113-006-058-000
    APU
    113006058000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -120.994
    Latitude
    37.6559
    CBSA code
    33700
    CBSA name
    MODESTO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,575
    $218,481
    $7,522
    $226,003
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      14,120 SF

      931 Mchenry Ave

      VEHICLE SALES, RENTALS • 14,120 SF
      931 Mchenry Ave, Modesto, CA 95350-5416
      View Details
    • Value Estimation by Request
      2,320 SF

      811 Mchenry Ave

      VEHICLE SALES, RENTALS • 2,320 SF
      811 Mchenry Ave, Modesto, CA 95350-5414
      View Details
    • Value Estimation by Request
      440 SF

      727 Mchenry Ave

      VEHICLE SALES, RENTALS • 440 SF
      727 Mchenry Ave, Modesto, CA 95350-5400
      View Details
    • Value Estimation
      $685,000
      208 SF

      709 Mchenry Ave

      VEHICLE SALES, RENTALS • 208 SF
      709 Mchenry Ave, Modesto, CA 95350-5400
      View Details
    • Value Estimation by Request
      1,152 SF

      701 Mchenry Ave

      VEHICLE SALES, RENTALS • 1,152 SF
      701 Mchenry Ave, Modesto, CA 95350
      View Details
    • Value Estimation
      $1,410,000
      7,080 SF

      3333 Mchenry Ave

      VEHICLE SALES, RENTALS • 7,080 SF
      3333 Mchenry Ave, Modesto, CA 95350-1443
      View Details

    Similar Nearby for Sale

    • $2,542,000
      1,300 SF

      Retail Property on Mchenry Avenue

      Retail property available for sale in Modesto, California.
      1320 Mchenry Ave, Modesto, CA 95350
      View Details
    • $7,185,000
      53,079 SF

      Retail Space For Sale

      Grocery anchored retail space available for sale in Modesto, CA.
      1800 Prescott Rd, Modesto, CA 95350
      View Details
    • Contact for pricing
      52,708 SF

      Former Orchard Supply Hardware Retail

      Freestanding retail location with high visibility and ample parking.
      2800 Sisk Rd, Modesto, CA 95350
      View Details
    • $49,000

      Established Salon on McHenry Avenue

      Turnkey hair salon opportunity in a desirable Modesto location.
      1009 Mchenry Ave, Modesto, CA 95350
      View Details
    • $4,800,000
      27,000 SF

      Retail Property on Mchenry Avenue

      Retail property available for sale on Mchenry Avenue.
      1009-1021 Mchenry Ave, Modesto, CA 95350
      View Details
    • $7,185,000
      53,079 SF

      Briggsmore Plaza: Modesto Retail Center

      High-traffic Modesto retail investment
      1800 Prescott Rd, Modesto, CA 95350
      View Details

    Similar Nearby for Lease

    • $1.25 SF/Yr
      1 SF

      Retail Space for Lease

      End cap retail space available for lease in Modesto, CA.
      3330 Mchenry Ave, Modesto, CA 95350
      View Details
    • Contact for pricing
      2,750 SF

      Retail Space in Lifestyle Center

      Retail and restaurant spaces available in established shopping center.
      39 Mchenry Village Way, Modesto, CA 95350
      View Details
    • Contact for pricing
      2,921 SF

      Retail Space on Standiford Avenue

      Retail space available for lease in Modesto, California.
      2020 Standiford Ave, Modesto, CA 95350
      View Details
    • $21 SF/Yr
      10,500 SF

      McHenry Ave Retail Center

      Modesto, CA Retail Space Available
      1700 Mchenry Ave, Modesto, CA 95350
      View Details
    • $15 SF/Yr
      5,485 SF

      Modesto Retail Center Opportunity

      Prime Modesto retail space available
      3025 Mchenry Ave, Modesto, CA 95350
      View Details
    • Contact for pricing
      46,011 SF

      High-Visibility Modesto Retail Space

      Prime Modesto location, 46,011 SF available.
      2700 Sisk Rd, Modesto, CA 95350
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    919 Mchenry Ave
    Modesto, CA 95350-5416
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.