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Property profile & analytics
OFF-MARKET
Manufacturing properties
1306 Blue Gum Ave Modesto, CA 95351-1134
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-1212049
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
WOOD
Total area
336 SF
Lot
2.56 ac (111,513 SF)
APN
029-008-002-000
UPID
US09-1212049
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
Current use
Occupant on record · Public records
-
MTHC Building Supply
-
Trailer Haul Concrete & Rock Building Supply Factory
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
Tracy Weddell
Tracy Weddell
since 2026
7 recorded transactions
Zoning & alternative use
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
$4,617
Tax year 2024
Assessed value
$405,195
Assessed 2024
Previous assessed
$405,195
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$405,195
Applied tax rate
2.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Buildings
4
Total area
336 SF
Lot
2.56 ac (111,513 SF)
APN
029-008-002-000
UPID
US09-1212049
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
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
1965
Construction
WOOD
Heating
NONE
Buildings
4
Lot
2.56 ac
Current owner
From public records · entity-resolved
Tracy Weddell
Individual
Free & Clear · 0 yrs held
Mailing address
56 BIRCH AVE, CAYUCOS, CA 93430-1159
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
Tracy Weddell
Weddell Family Bypass Trust
Deed
related
—
May 22, 2018
—
Weddell Fam Bypass Trust
Weddell Family Trust
Quit Claim Deed
related
—
Jul 7, 2017
—
Tracy L Weddell
Weddell,tracy L
Quit Claim Deed
related
—
Jun 1, 2017
—
Tracy Weddell
Armstrong C 2012 Trust
Quit Claim Deed
related
—
May 11, 2017
—
Tracy L Weddell
Shimmon,carol A & Paul A
Affidavit Of Death
related
—
Mar 7, 2013
—
Tracy Weddell
Armstrong,charlotte
Affidavit Of Death
related
—
Aug 6, 2012
—
Armstrong C 2012 Living Trust
Armstrong,charlotte
Quit Claim Deed
related
—
Dec 31, 1996
—
Beebe Family LP
Beebe,j A & Carol A
Quit Claim Deed
related
—
Aug 1, 1994
$120,000
Beebe J A
Allen,clyde E &
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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