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Property profile & analytics
OFF-MARKET
Flex space
124 Elm Ave Ripon, CA 95366
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2326916
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Construction
WOOD
Total area
480 SF
Lot
0.15 ac (6,750 SF)
Zoning code
14
APN
259-273-070-000
UPID
US09-2326916
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
David B Hegarty Family LP · 4 yrs held
David B Hegarty Family LP
since 2022
Last sale
$262,500
7 recorded transactions
Zoning & alternative use
14 · Ripon, 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 Ripon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripon 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
$3,414
Tax year 2024
Assessed value
$304,648
Assessed 2024
Previous assessed
$304,648
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$89,943
Assessed improvement
$214,705
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
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Stories
1
Total area
480 SF
Lot
0.15 ac (6,750 SF)
Zoning code
14
APN
259-273-070-000
UPID
US09-2326916
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
14 · Ripon, CA
Zoning 14 · permitted uses
14 · Ripon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ripon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
David B Hegarty Family LP
Entity
Free & Clear · 4 yrs held
Mailing address
15230 E RIV RD, RIPON, CA 95366-9747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2022
—
David B Hegarty Family LP
David B Hegarty
Intrafamily Transfer
related
—
Dec 30, 2021
—
David B Hegarty
David B Hegarty
Correction Deed
related
—
Dec 22, 2021
—
David B Hegarty
David B Hegarty
Intrafamily Transfer
related
—
Jul 27, 2017
—
Hegarty 2008 D B Trust
Hegarty,david B
Quit Claim Deed
related
—
Jun 14, 2016
$262,500
David B Hegarty
Main Street Holdings LLC
Grant Deed
$207,500 · Private Individual
Dec 28, 2004
—
Main Street Holdings LLC
Schemper Family Trust
Grant Deed
related
—
May 9, 1991
—
Ward L Schemper
—
Deed Of Trust
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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