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Property profile & analytics
OFF-MARKET
Warehouses
255 Madison St Red Bluff, CA 96080-3812
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1198151
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
TILT-UP CONCRETE
Total area
6,956 SF
Lot
0.36 ac (15,875 SF)
Zoning code
M-1
APN
033-053-001-000
UPID
US09-1198151
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
by Request
Owner & transaction history
Tyler J Miranda & Victoria J Mirand · 1 yrs held
Tyler J Miranda & Victoria J Mirand
since 2025
3 recorded transactions
Zoning & alternative use
M-1 · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 25.83 M-1, LIGHT INDUSTRIAL DISTRICTS. (A) It is intended that this district classification be applied to all properties deemed appropriate for lower intensity industrial uses and designated “I” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “M-1” in the chart marked “industrial zones an…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
140.60 ac
Source
CHAPTER 25: ZONING
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 Red Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bluff 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
—
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
$2,106
Tax year 2024
Assessed value
$203,083
Assessed 2024
Previous assessed
$199,102
+2.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$55,840
Assessed improvement
$147,243
Applied tax rate
2.0000
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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
6,956 SF
Lot
0.36 ac (15,875 SF)
Zoning code
M-1
APN
033-053-001-000
UPID
US09-1198151
Jurisdiction
TEHAMA
Zoning & alternative use
M-1 · Red Bluff, CAZoning M-1 · permitted uses
M-1 · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 25.83 M-1, LIGHT INDUSTRIAL DISTRICTS. (A) It is intended that this district classification be applied to all properties deemed appropriate for lower intensity industrial uses and designated “I” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “M-1” in the chart marked “industrial zones and permit requirements” in
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
140.60 ac
Source
CHAPTER 25: ZONING
Building & site characteristics
From public records
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
Tyler J Miranda & Victoria J Mirand
Individual
Free & Clear · 1 yrs held
Mailing address
5200 N PALM AVE STE #201, FRESNO, CA 93704-2225
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$276,000
Tyler J Miranda & Victoria J Mirand
Carl And Carole Legallo Rlt
Grant Deed
—
Jan 8, 2024
—
Keri Lynn Oviedo
Keri Lynn Oviedo
Intrafamily Transfer
related
—
Jul 30, 2013
—
Legallo,carl & C Living Trust
Legallo,carl J & Carle V
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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