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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Manufacturing properties
15598 Rd 29, Madera, CA 93636-2017
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2853447
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1947
Construction
WOOD
Total area
5,000 SF
Lot
6.74 ac (293,594 SF)
Zoning code
IL
APN
035-110-003-000
UPID
US09-2853447
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
$780k
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$755k
Owner & transaction history
Gema Investments LLC · 6 yrs held
Gema Investments LLC
since 2020
Last sale
$595,000
3 recorded transactions
Zoning & alternative use
IL · Madera, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$845,000
+16.3%
Office building
$750,000
+3.6%
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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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
$860,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$725,000
Current use
RESTAURANT
$845,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$750,000
Change: +4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$715,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$710,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $595k (Jun 16 2020)
Last sale anchor
$595k
Jun 16 2020
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
$151 / 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
$8,372
Tax year 2024
Assessed value
$676,828
Assessed 2024
Previous assessed
$676,828
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$546,820
Assessed improvement
$130,008
Applied tax rate
61.0000
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
FOOD PROCESSING
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
5,000 SF
Lot
6.74 ac (293,594 SF)
Zoning code
IL
APN
035-110-003-000
UPID
US09-2853447
Jurisdiction
MADERA
Zoning & alternative use
IL · Madera, CA
Zoning IL · permitted uses
IL · Madera, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madera. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$725,000
RESTAURANT
Est. value
$845,000
OFFICE BUILDING
Est. value
$750,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$710,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1947
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
6.74 ac
Current owner
From public records · entity-resolved
Gema Investments LLC
Entity
Free & Clear · 6 yrs held
Mailing address
27735 HWY 145, MADERA, CA 93638-1912
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2020
—
Gema Investments LLC
Jose G D Diaz
Quit Claim Deed
—
Apr 1, 2020
$595,000
Jose Gerardo Dominguez Diaz
Los Angeles Honey Company
Grant Deed
$500,000 · Los Angeles Honey Company
Apr 1, 2020
—
Jose G D Diaz
Marcela Medina-esparza
Quit Claim 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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