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Property profile & analytics
FOR LEASE
Warehouses
1401 Aviation Blvd, Lincoln, CA 95648
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-9434800
For Lease
$13,565,000
1401 Aviation Blvd, Lincoln, CA 95648
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
TILT-UP CONCRETE
Total area
155,610 SF
Lot
7.7 ac (335,412 SF)
Zoning code
LI
APN
021-564-008-000
UPID
US09-9434800
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
-
CTDI Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.80M
Blend (final)
Blend
$13.57M
Owner & transaction history
Pw Fund B LP · 8 yrs held
Pw Fund B LP
since 2017
7 recorded transactions
Zoning & alternative use
LI · Lincoln, 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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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
$16,885,000
Current use
Blend value · Realmo final
$13.57M
Range $12.21M – $14.92M · ±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
$87 / 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
$138,300
Tax year 2024
Assessed value
$11,543,838
Assessed 2024
Previous assessed
$11,543,838
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,727,272
Assessed improvement
$9,816,566
Applied tax rate
3.0000
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
WAREHOUSE, STORAGE
Status
For Lease
Year built
1998
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Units
1
Total area
155,610 SF
Lot
7.7 ac (335,412 SF)
Zoning code
LI
APN
021-564-008-000
UPID
US09-9434800
Jurisdiction
PLACER
Zoning & alternative use
LI · Lincoln, CA
Zoning LI · permitted uses
LI · Lincoln, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$16.9M
WAREHOUSE, STORAGE Current
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
1998
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Units
1
Lot
7.7 ac
Current owner
From public records · entity-resolved
Pw Fund B LP
Entity
Mailing address
555 CAPITOL MALL STE #900, SACRAMENTO, CA 95814-4606
Ownership since
2017
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
Nov 13, 2017
$11,430,000
Pw Fund B LP
Buzz Oates Ents II LLC
Grant Deed
—
May 15, 2012
—
Buzz Oates Ents II
Cable & Kilpatrick INC
Quit Claim Deed
related
$22,430,000 · Wfb NA
Mar 2, 2012
$390,500
Buzz Oates Ents II
Brodovsky-sheldon Road LLC
Grant Deed
—
Oct 20, 2009
$710,000
Buzz Oates Ents II
San Juan Sunset
Grant Deed
—
Sep 7, 2007
$215,000
Buzz Oates Ents II
Brodovsky-sheldon Road LLC
Grant Deed
—
Apr 14, 2006
—
Sunset San Juan
Buzz Oates Ents II
Grant Deed
—
—
—
Buzz Oates Ents II
—
Loan Modification
related
$35,000,000 · 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?”
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