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Property profile & analytics
OFF-MARKET
Industrial properties
1357 Drexler Rd, Meridian, CA 95957-9639
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1758212
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1965
Construction
WOOD
Total area
19,338 SF
Lot
2.76 ac (120,225 SF)
Zoning code
AG
APN
013-160-004-000
UPID
US10-1758212
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
Muhammad F Bajar · 2 yrs held
Muhammad F Bajar
since 2024
Last sale
$460,000
7 recorded transactions
Zoning & alternative use
AG · Meridian, 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 Meridian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Meridian 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,476
Tax year 2023
Assessed value
$228,158
Assessed 2024
Previous assessed
$223,686
+2.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$111,426
Assessed improvement
$116,732
Applied tax rate
63.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1965
Construction
WOOD
Heating
NONE
Total area
19,338 SF
Lot
2.76 ac (120,225 SF)
Zoning code
AG
APN
013-160-004-000
UPID
US10-1758212
Jurisdiction
SUTTER
Zoning & alternative use
AG · Meridian, CA
Zoning AG · permitted uses
AG · Meridian, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Meridian. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Lot
2.76 ac
Current owner
From public records · entity-resolved
Muhammad F Bajar
Individual
Mailing address
1212 S STEIDLMAYER WAY, YUBA CITY, CA 95993-9110
Ownership since
2024
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
May 31, 2024
$460,000
Muhammad F Bajar
Drexier Associates LLC
Grant Deed
$330,000 · Rudy E Meyer Ira
May 21, 2024
—
Robert Haro Cerantes
Tania Cervantes
Intrafamily Transfer
related
—
May 19, 2021
—
Drexler Associates LLC
Jmt LP
Grant Deed
$315,000 · River Valley Community Bank
Oct 30, 2020
$365,000
Jmt LP
California Healthy Treats LLC
Grant Deed
—
Oct 30, 2020
—
Jon Beard
Teresa Beard
Quit Claim Deed
related
—
Apr 16, 2020
—
Jon Beard
Environmental Filtration
Quit Claim Deed
—
Sep 11, 1989
$179,719
Buttes S Sutter
—
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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