Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Industrial properties
12245 Ave 392 Cutler, CA 93615-9706
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-5964395
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1972
Construction
STEEL FRAME
Total area
50,273 SF
Lot
4.07 ac (177,289 SF)
Zoning code
AE-40
APN
033-130-029-000
UPID
US09-5964395
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
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$977k
Blend (final)
Blend
$765k
Owner & transaction history
Wenlyn Ents LLC · 7 yrs held
Wenlyn Ents LLC
since 2018
7 recorded transactions
Zoning & alternative use
AE-40 · Cutler, 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 Cutler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cutler 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
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$15 / 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
$4,532
Tax year 2024
Assessed value
$392,101
Assessed 2024
Previous assessed
$392,101
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$29,904
Assessed improvement
$362,197
Applied tax rate
68.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
50,273 SF
Lot
4.07 ac (177,289 SF)
Zoning code
AE-40
APN
033-130-029-000
UPID
US09-5964395
Jurisdiction
TULARE
Zoning & alternative use
AE-40 · Cutler, CAZoning AE-40 · permitted uses
AE-40 · Cutler, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
4.07 ac
Current owner
From public records · entity-resolved
Wenlyn Ents LLC
Entity
Mailing address
2106 E MAIN ST, VISALIA, CA 93292-6739
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Oct 8, 2020
—
Wenlyn Enterprises LLC
—
Deed
related
$325,000 · Valley Republic Bank
Dec 14, 2018
—
Wenlyn Ents LLC
Paynes Creek Dev LLC
Quit Claim Deed
related
$340,000 · Beards Quality Nut Co LLC
Mar 14, 2018
$1,500,000
Paynes Creek Dev LLC
Wenlyn Ents LLC
Grant Deed
—
Feb 19, 2013
—
Wenlyn Ents LLC
Wendt,robert D
Grant Deed
—
Oct 17, 2012
$365,000
Robert Dale Wendt
Cp Meilland INC
Grant Deed
$227,500 · Valley Business Bank
Oct 17, 2012
—
Robert D Wendt
Freitas,carolyn C
Grant Deed
related
—
Sep 30, 2008
—
Cp-meilland LLC
—
Grant Deed
related
$17,150,000 · Pnc Bank
Feb 4, 1997
—
Cp-meilland INC
Metzler Investments
Grant Deed
$210,000 · Corestates Bank N A
Nov 9, 1992
$238,000
Inv Metzler
Metzler,enterpri
Grant Deed
related
$512,000 · Sanwa Bank California
May 27, 1992
$100,000
Metzler Enterprises INC
J & M Rose Co
Grant Deed
$400,000 · Sanwa Bank California
—
—
Wenlyn Ents LLC
—
Loan Modification
related
—
—
—
Cp-meilland INC
—
Deed Of Trust
related
$20,600,000 · Mercantile-safe Deposit & Trus
—
—
Cp Meilland INC
—
Deed Of Trust
related
$1,169,089 · Wells Fargo Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12245 Ave 392?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.