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Property profile & analytics
FOR SALE
Manufacturing properties

100 W Las Palmas Ave Patterson, CA 95363

116,353 SF 4.43 ac lot Built 1913
Entity Owned 11-yr Hold Free & Clear
Property ID
US09-2306911
Property summary
AI-generated overview

This 100,000-square-foot industrial property in Patterson, CA, offers a unique investment opportunity. Comprising three buildings on 3.24 acres, this Class B facility features 5 loading docks, 20-foot ceilings, and floor drains. Previously used for food processing, it boasts a natural gas line, on-site water tank, and public water access. Currently 80% occupied by four tenants under a gross lease, with a 2023 renovation, this multi-tenant property presents a versatile space suitable for various industrial uses. The property is zoned for heavy industrial use and is available for sale or lease. A 1031 exchange is possible. The buildings were constructed in 1959 and renovated in 2023. The property includes five units across two stories and is located at 100 W Las Palmas Ave, Patterson, CA 95363. The occupancy date was April 29, 2023. The property's Assessed Parcel Numbers (APNs) are 131-003-018-000, and additional parcels are included in the sale.

Property profile
Verified
Property type Manufacturing properties
Use group FOOD PROCESSING
Year built 1913
Total area 116,353 SF
Lot 4.43 ac (192,971 SF)
APN 131-003-012
UPID US09-2306911
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
$6.00M
Owner & transaction history
VALLEY PROPERTY & EQUPMENT INC
VALLEY PROPERTY & EQUPMENT INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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