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Property profile & analytics
OFF-MARKET
Estimated value
$12,410,000
Refrigerated & Cold Storage
33398 Woollomes Ave Delano, CA 93215
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-4251816
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1995
Construction
WOOD
Total area
127,485 SF
Lot
19.35 ac (842,886 SF)
Zoning code
A
APN
049-160-08-00-6
UPID
US09-4251816
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
Current use
Occupant on record · Public records
-
Cali Cold Storage Inc Storage Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.26M
Blend (final)
Blend
$12.41M
Owner & transaction history
Raj Grewal · 2 yrs held
Raj Grewal
since 2024
Last sale
$12.4M
7 recorded transactions
Zoning & alternative use
A · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$19.0M
+30.3%
Auto repair, garage
$17.7M
+21.3%
Industrial (general)
$16.2M
+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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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
$12,410,000
ML approach
$12,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,580,000
Current use
APARTMENT HOUSE (5+ UNITS)
$19,000,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,690,000
Change: +21% · Conversion: Easy
INDUSTRIAL (GENERAL)
$16,185,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$12.41M
Range $11.17M – $13.65M · ±10% · vs last sale $12.41M (Apr 5 2024)
Last sale anchor
$12.41M
Apr 5 2024
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
$97 / 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
$110,119
Tax year 2023
Assessed value
$9,931,488
Assessed 2023
Previous assessed
$9,931,488
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$306,561
Assessed improvement
$9,624,927
Applied tax rate
65.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Units
2
Total area
127,485 SF
Lot
19.35 ac (842,886 SF)
Zoning code
A
APN
049-160-08-00-6
UPID
US09-4251816
Jurisdiction
KERN
Zoning & alternative use
A · Delano, CA
Zoning A · permitted uses
A · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$14.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.0M
AUTO REPAIR, GARAGE
Est. value
$17.7M
INDUSTRIAL (GENERAL)
Est. value
$16.2M
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
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
19.35 ac
Current owner
From public records · entity-resolved
Raj Grewal
Individual
Free & Clear · 2 yrs held
Mailing address
1247 SALEM ST, DELANO, CA 93215-3843
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
$12,411,500
Raj Grewal
Juraj Milicic & Son
Grant Deed
—
Nov 27, 2019
—
S & M Investment
—
Grant Deed
related
$19,750,000 · Farm Credit Svcs
Mar 9, 2018
—
Juraj Milicic & Son
—
Deed
related
$1,750,000 · Farm Credit Svcs
Dec 29, 2009
—
Juraj Milicic & Son
Dan Tudor & Sons
Grant Deed
$2,520,000 · Farm Credit West Flca
—
—
Dan Tudor
—
Deed Of Trust
related
$1,134,477 · Cal-pacific Farm Mgmt
—
—
Juraj Milicic
—
Deed Of Trust
related
—
—
—
Juraj Milicic & Son
—
Deed Of Trust
related
$1,750,000 · Farm Credit Svcs
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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