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Property profile & analytics
OFF-MARKET
Estimated value
$28,445,000
Manufacturing properties
20570 Pellisier Rd Tehachapi, CA 93561-7872
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-4498458
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
2014
Construction
STEEL FRAME
Total area
2,925,778 SF
Lot
17.76 ac (773,625 SF)
Zoning code
A
APN
448-051-71-00-2
UPID
US09-4498458
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
$28.45M
Owner & transaction history
Millennium Pacific Farms INC
Millennium Pacific Farms INC
since 2025
6 recorded transactions
Zoning & alternative use
A · Tehachapi, 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 Tehachapi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tehachapi 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
$10 / 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
$1,385,403
Tax year 2024
Assessed value
$119,237,009
Assessed 2024
Previous assessed
$119,237,009
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$218,727
Assessed improvement
$119,018,282
Applied tax rate
125.0000
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 PACKING, PACKING PLANT
Status
Off-Market
Year built
2014
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
7
Total area
2,925,778 SF
Lot
17.76 ac (773,625 SF)
Zoning code
A
APN
448-051-71-00-2
UPID
US09-4498458
Jurisdiction
KERN
Zoning & alternative use
A · Tehachapi, CA
Zoning A · permitted uses
A · Tehachapi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tehachapi. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
7
Lot
17.76 ac
Current owner
From public records · entity-resolved
Millennium Pacific Farms INC
Entity
Mailing address
2781 NW 50TH ST STE #401, MEDFORD, MN 55049-8097
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$24,000,000
Millennium Pacific Farms INC
Ceff II Tehachapi Property LLC
Grant Deed
$30,000,000 · Canadian Imperial Bank Of Commerce
Sep 24, 2024
—
Revol Greens Ca LLC
Ceff II Tehachapi Property LLC
Lease
$10,000,000 · Ceff II Revol Equity Holddings LP
Dec 31, 2019
$70,098,000
Ceff II Tehachapi Property LLC
Produce California Sunselect
Grant Deed
—
Sep 26, 2013
$3,013,000
Sunselect Produce Ca INC
Superior Sod I
Grant Deed
—
—
—
Senselect Produce California
—
Loan Modification
related
—
—
—
Senselect Produce California
—
Loan Modification
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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