Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$55,585,000
Refrigerated & Cold Storage
31448 Old Riv Rd Maricopa, CA 93252
Entity Owned
15-yr Hold
Free & Clear
Property ID
US09-2954225
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2020
Construction
WOOD
Total area
563,284 SF
Lot
93.78 ac (4,085,056 SF)
Zoning code
A
APN
239-021-34-00-2
UPID
US09-2954225
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
$59.47M
Blend (final)
Blend
$55.59M
Owner & transaction history
Sun Pacific Facilities LP · 15 yrs held
Sun Pacific Facilities LP
since 2010
7 recorded transactions
Zoning & alternative use
A · Maricopa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$84.0M
+30.3%
Auto repair, garage
$78.2M
+21.3%
Industrial (general)
$71.5M
+11.0%
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 Maricopa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maricopa 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$64,425,000
Current use
APARTMENT HOUSE (5+ UNITS)
$83,950,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$78,155,000
Change: +21% · Conversion: Easy
INDUSTRIAL (GENERAL)
$71,510,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$55.59M
Range $50.03M – $61.14M · ±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
$99 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$716,669
Tax year 2023
Assessed value
$66,245,016
Assessed 2023
Previous assessed
$66,245,016
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$449,827
Assessed improvement
$65,795,189
Applied tax rate
134.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
4
Total area
563,284 SF
Lot
93.78 ac (4,085,056 SF)
Zoning code
A
APN
239-021-34-00-2
UPID
US09-2954225
Jurisdiction
KERN
Zoning & alternative use
A · Maricopa, CA
Zoning A · permitted uses
A · Maricopa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maricopa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$64.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$84.0M
AUTO REPAIR, GARAGE
Est. value
$78.2M
INDUSTRIAL (GENERAL)
Est. value
$71.5M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2020
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
93.78 ac
Current owner
From public records · entity-resolved
Sun Pacific Facilities LP
Entity
Free & Clear · 15 yrs held
Mailing address
1095 E GRN ST, PASADENA, CA 91106-2503
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2019
—
Sun Pacific Facilities LP
—
Deed
related
$47,654,260 · Pgim R/e Fin LLC
Nov 21, 2018
—
Sun Pacific Facilities LP
—
Deed
related
$32,621,260 · Miscellaneous Ins Co
Oct 12, 2012
—
Airchief Ranch Co
—
Deed Of Trust
related
$62,495,000 · Prudential Insurance Co
Dec 3, 2010
—
Sun Pacific Facilities LP
Airport Ranch Co
Grant Deed
—
Sep 17, 1999
—
Airport Ranch Co
Airport Ranch Co
Quit Claim Deed
related
—
Sep 17, 1999
$676,363
Airport Ranch Co
Airport Ranch Co
Trustees Deed
related
—
—
—
Sun Pacific Facilities LP
—
Loan Modification
related
$32,621,260 · Miscellaneous Ins Co
—
—
Sun Pacific Facilities LP
—
Loan Modification
related
$47,654,260 · Pgim R/e Fin LLC
—
—
Sun Pacific Facilities LP
—
Deed Of Trust
related
$12,255,260 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 31448 Old Riv Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
