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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Warehouses
243 Orange Ave Patterson, CA 95363-9720
Entity Owned
10-yr Hold
Free & Clear
Property ID
US09-0079198
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
STEEL FRAME
Total area
32,544 SF
Lot
2.36 ac (102,801 SF)
APN
048-001-027-000
UPID
US09-0079198
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
$1.98M
Blend (final)
Blend
$1.59M
Owner & transaction history
Patterson Laundry Investments · 10 yrs held
Patterson Laundry Investments
since 2015
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 Patterson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Patterson 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
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±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
$49 / 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
$17,273
Tax year 2024
Assessed value
$1,473,937
Assessed 2024
Previous assessed
$1,473,937
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$358,037
Assessed improvement
$1,115,900
Applied tax rate
5.0000
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
Off-Market
Year built
1956
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
5
Total area
32,544 SF
Lot
2.36 ac (102,801 SF)
APN
048-001-027-000
UPID
US09-0079198
Jurisdiction
STANISLAUS
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
1956
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
5
Lot
2.36 ac
Current owner
From public records · entity-resolved
Patterson Laundry Investments
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 216, PATTERSON, CA 95363-0216
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2019
—
Patterson Laundry Invs LLC
—
Deed
related
$1,058,107 · Tri Counties Bank
Sep 23, 2015
—
Patterson Laundry Investments
Hickman,gordon
Grant Deed
—
Jan 17, 2014
$1,200,000
Gordon Hickman
Traina Foods Properties LP
Grant Deed
$720,000 · Bank Of Stockton
Jan 17, 2014
—
Gordon Hickman
Perez-hickman,sylvia
Quit Claim Deed
related
—
Oct 30, 2009
—
Fruit Yard INC
Fruit Yard
Quit Claim Deed
—
Apr 24, 2003
$375,000
Yard Fruit
Valley Frozen Foods INC
Grant Deed
—
Aug 14, 1998
—
Angelo Lelmini
Lelmini,angelo
Quit Claim Deed
related
—
Aug 14, 1998
$89,500
Sierra Pacfic Refrigerated Ser
Lemini,angelo
Trustees Deed
$2,000,000 · Metropolitan Life Insurance
—
—
Patterson Laundry Invs LLC
—
Deed Of Trust
related
$1,058,107 · Tri Counties Bank
—
—
Fruit Yard LP
—
Deed Of Trust
related
$1,750,000 · Bank Of Stockton
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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