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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Manufacturing properties
31931 Hwy 46 Mc Farland, CA 93250-9602
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-2482682
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1963
Construction
WOOD
Total area
4,486 SF
Lot
26.96 ac (1,174,377 SF)
Zoning code
M-1
APN
073-080-10-00-5
UPID
US09-2482682
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
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$530k
Owner & transaction history
Famoso Livestock LLC · 8 yrs held
Famoso Livestock LLC
since 2018
3 recorded transactions
Zoning & alternative use
M-1 · Mc Farland, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$870,000
+52.6%
Auto repair, garage
$620,000
+9.3%
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 Mc Farland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Farland 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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$570,000
Current use
OFFICE BUILDING
$870,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$620,000
Change: +9% · Conversion: Easy
RETAIL STORES
$565,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$530,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$515,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$118 / 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
$4,705
Tax year 2023
Assessed value
$392,295
Assessed 2023
Previous assessed
$392,295
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$289,494
Assessed improvement
$102,801
Applied tax rate
91.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
YES
Cooling
YES
Total area
4,486 SF
Lot
26.96 ac (1,174,377 SF)
Zoning code
M-1
APN
073-080-10-00-5
UPID
US09-2482682
Jurisdiction
KERN
Zoning & alternative use
M-1 · Mc Farland, CA
Zoning M-1 · permitted uses
M-1 · Mc Farland, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mc Farland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$570,000
OFFICE BUILDING
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$620,000
RETAIL STORES
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$530,000
WAREHOUSE, STORAGE
Est. value
$515,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1963
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
26.96 ac
Current owner
From public records · entity-resolved
Famoso Livestock LLC
Entity
Free & Clear · 8 yrs held
Mailing address
31911 HWY 46, MC FARLAND, CA 93250-9602
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
May 18, 2018
$460,000
Famoso Livestock LLC
Coldwater Farms INC
Grant Deed
—
Sep 21, 2010
—
Coldwater Farms INC
Mebane,dwight G & Helen
Grant Deed
—
Nov 27, 2002
—
James D Pennington
Pennington,amy C
Quit Claim Deed
$750,000 · Farm Credit West
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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