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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Manufacturing properties
1551 Lana Way, Hollister, CA 95023-2551
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-0210986
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Construction
WOOD
Total area
4,916 SF
Lot
2.38 ac (103,672 SF)
APN
051-162-007-000
UPID
US09-0210986
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
-
La Piedad Tortilla Factory Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.28M
Owner & transaction history
J & R Property Management Ptshp · 7 yrs held
J & R Property Management Ptshp
since 2018
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 Hollister submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollister 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%
$1,370,000
6.5%
$1,260,000
7%
$1,170,000
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$260 / 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
$16,659
Tax year 2024
Assessed value
$1,350,000
Assessed 2024
Previous assessed
$1,350,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$450,000
Assessed improvement
$900,000
Applied tax rate
1.0000
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
2001
Construction
WOOD
Heating
NONE
Bathrooms
1
Total area
4,916 SF
Lot
2.38 ac (103,672 SF)
APN
051-162-007-000
UPID
US09-0210986
Jurisdiction
SAN BENITO
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
2001
Construction
WOOD
Heating
NONE
Bathrooms
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
J & R Property Management Ptshp
Entity
Mailing address
1551 LANA WAY, HOLLISTER, CA 95023-2551
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2018
—
J & R Property Management Ptshp
J & R Prop Mgmt Ptshp
Quit Claim Deed
$1,448,000 · Jp Morgan Chase Bk
Jul 26, 2005
$1,350,000
J & R Property Mgmt Ptshp
One Earth Environmental INC
Grant Deed
$1,265,000 · Heritage Bank Of Commerce
Jan 31, 2001
—
One Earth Environmental INC
—
Trustees Deed
related
$944,000 · Community Bank Central Ca
Dec 15, 1999
$298,000
One Earth Environmental INC
Accent Manufacturing INC
Grant Deed
—
Nov 15, 1996
$215,000
Accent Manufacturing INC
Shelton Properties LP
Grant Deed
$160,000 · Seller
—
—
J & R Property Mgmt Ptshp
—
Deed Of Trust
related
$260,475 · Hector & Annette Delreal
—
—
One Earth Enviromental INC
—
Deed Of Trust
related
$178,800 · Community Bank Central Ca
—
—
J & R Prop Mgmt Ptshp
—
Deed Of Trust
related
$1,448,000 · Jp Morgan Chase Bk
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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