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Property profile & analytics
OFF-MARKET
Industrial properties
1049 Lone Palm Ave Modesto, CA 95351-2856
Entity Owned
15-yr Hold
Free & Clear
Property ID
US10-3070941
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1978
Construction
STEEL FRAME
Total area
3,600 SF
Lot
1.58 ac (68,824 SF)
Zoning code
MI
APN
029-011-067-000
UPID
US10-3070941
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
by Request
Owner & transaction history
American Towers INC · 15 yrs held
American Towers INC
since 2011
6 recorded transactions
Zoning & alternative use
MI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$6,616
Tax year 2024
Assessed value
$568,084
Assessed 2024
Previous assessed
$568,084
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$259,371
Assessed improvement
$308,713
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Total area
3,600 SF
Lot
1.58 ac (68,824 SF)
Zoning code
MI
APN
029-011-067-000
UPID
US10-3070941
Jurisdiction
STANISLAUS
Zoning & alternative use
MI · Modesto, CA
Zoning MI · permitted uses
MI · 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
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Lot
1.58 ac
Current owner
From public records · entity-resolved
American Towers INC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 723597, ATLANTA, GA 31139-0597
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2011
—
American Towers INC
Adelante Media Group Of Ca LLC
Warranty Deed
—
Jan 15, 2008
—
Bustos Media Of California LLC
Bustos Media Of California LLC
Quit Claim Deed
related
—
Jan 14, 2008
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jan 24, 2005
$350,000
Bustos Media Of California LLC
Maya Media LLC
Grant Deed
—
Mar 4, 1998
$250,000
Edward J Cardoza
Martin,linda J
Grant Deed
$200,000 · Individual
Sep 29, 1995
$112,732
Linda J Martin
Martin,joe J
Trustees Deed
related
—
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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