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Property profile & analytics
OFF-MARKET
Estimated value
$13,270,000
Warehouses
1219 Dinuba Ave Reedley, CA 93654-3557
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3062410
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Construction
WOOD
Total area
122,985 SF
Lot
6.32 ac (275,299 SF)
Zoning code
ML
APN
370-070-84
UPID
US09-3062410
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
$18.57M
Blend (final)
Blend
$13.27M
Owner & transaction history
Ms Reedley LLC · 5 yrs held
Ms Reedley LLC
since 2021
7 recorded transactions
Zoning & alternative use
ML · Reedley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Light Industrial Zone District (ML Zone District) is applied to areas appropriate for light industrial and manufacturing, warehousing, offices, and assembly uses, Land uses allowed in the ML zone will not create objectionable noise, smoke, odor, dust, noxious gases, glare, heat, vibration, or industrial wastes, The ML Zone District implements the Light I…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
285.35 ac
Source
Realmo
Top alternative use upside
Office building
$20.8M
+83.4%
Auto repair, garage
$18.1M
+58.9%
Apartment house (5+ units)
$15.6M
+37.7%
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 Reedley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reedley 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,365,000
Current use
OFFICE BUILDING
$20,835,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$18,055,000
Change: +59% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$15,640,000
Change: +38% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,100,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$13.27M
Range $11.94M – $14.60M · ±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
$108 / 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
$129,247
Tax year 2024
Assessed value
$9,891,993
Assessed 2024
Previous assessed
$9,891,993
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$491,993
Assessed improvement
$9,400,000
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
1
Total area
122,985 SF
Lot
6.32 ac (275,299 SF)
Zoning code
ML
APN
370-070-84
UPID
US09-3062410
Jurisdiction
FRESNO
Zoning & alternative use
ML · Reedley, CAZoning ML · permitted uses
ML · Reedley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Light Industrial Zone District (ML Zone District) is applied to areas appropriate for light industrial and manufacturing, warehousing, offices, and assembly uses, Land uses allowed in the ML zone will not create objectionable noise, smoke, odor, dust, noxious gases, glare, heat, vibration, or industrial wastes, The ML Zone District implements the Light Industrial (LI) and Service Commercial (SC) land use designations in the General Plan
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
285.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$11.4M
OFFICE BUILDING
Est. value
$20.8M
AUTO REPAIR, GARAGE
Est. value
$18.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.6M
INDUSTRIAL (GENERAL)
Est. value
$13.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2023
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
1
Lot
6.32 ac
Current owner
From public records · entity-resolved
Ms Reedley LLC
Entity
Mailing address
5782 E SILAXO RD, CLOVIS, CA 93619-9542
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
—
Ms Reedley LLC
—
Deed
related
$3,000,000 · Greenline Cdf Subfund Xl LLC
Feb 13, 2025
—
Ms Reedley LLC
—
Deed
related
$7,140,000 · Celtic Bank Corporation
Jan 8, 2025
—
Ms Reedley LLC
—
Deed
related
$5,481,000 · Cdc Small Business Finance Corp
Dec 20, 2024
—
Ms Reedley LLC
—
Deed
related
$7,140,000 · Celtic Bank Corporation
Aug 31, 2023
—
Ms Reedley LLC
—
Deed
related
$500,000 · Mid Valley Services INC
Dec 22, 2022
—
Ms Reedley LLC
—
Deed
related
$1,500,000 · Mid Valley Services INC
May 17, 2022
—
Ms Reedley LLC
—
Deed
related
$4,000,000 · Mid Valley Services INC
Jan 20, 2022
—
Ms Reedley LLC
—
Deed
related
$6,000,000 · Mid Valley Services INC
Sep 30, 2021
—
Ms Reedley LLC
—
Deed
related
$3,500,000 · Mid Valley Services INC
Jul 21, 2021
—
Ms Reedley LLC
Master Storage Madera LLC
Grant Deed
—
Nov 2, 2015
$424,000
Master Storage Madera LLC
Vise Burk Margie J Trust
Grant Deed
—
Jun 19, 2012
—
Burk Margie J V Trust
Burk,margie V
Quit Claim Deed
related
—
Oct 14, 1981
—
Irene Moritz
Owner Name Unavailable
Grant 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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