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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
384 Dinuba Ave Reedley, CA 93654
Entity Owned
~
Est. High Equity
Property ID
US09-1637463
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Construction
TYPE NOT SPECIFIED
Total area
19,550 SF
Lot
0.95 ac (41,382 SF)
Zoning code
ML
APN
368-370-74S
UPID
US09-1637463
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
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$438k
Blend (final)
Blend
$575k
Owner & transaction history
Hamilton Cold Storage INC
Hamilton Cold Storage INC
since 2025
7 recorded transactions
Zoning & alternative use
ML · Reedley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Light Industrial Zone District (ML Zone District) is applied to areas appropriate for light industrial and manufacturing, warehousing, offices, and assembly uses, Land uses allowed in the ML zone will not create objectionable noise, smoke, odor, dust, noxious gases, glare, heat, vibration, or industrial wastes, The ML Zone District implements the Light I…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
285.35 ac
Source
Realmo
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 Reedley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reedley 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$29 / 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
$2,580
Tax year 2024
Assessed value
$220,122
Assessed 2024
Previous assessed
$220,122
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$68,308
Assessed improvement
$151,814
Applied tax rate
8.0000
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
1981
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
19,550 SF
Lot
0.95 ac (41,382 SF)
Zoning code
ML
APN
368-370-74S
UPID
US09-1637463
Jurisdiction
FRESNO
Zoning & alternative use
ML · Reedley, CAZoning ML · permitted uses
ML · Reedley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Light Industrial Zone District (ML Zone District) is applied to areas appropriate for light industrial and manufacturing, warehousing, offices, and assembly uses, Land uses allowed in the ML zone will not create objectionable noise, smoke, odor, dust, noxious gases, glare, heat, vibration, or industrial wastes, The ML Zone District implements the Light Industrial (LI) and Service Commercial (SC) land use designations in the General Plan
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
285.35 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Hamilton Cold Storage INC
Entity
Mailing address
PO BOX 271, REEDLEY, CA 93654-0271
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
—
Hamilton Cold Storage INC
—
Deed
related
$4,096,000 · Agwest Farm Credit Flca
Jun 30, 2020
—
Michael Forrest
—
Deed
related
$1,000,000 · Farm Credit Svcs
Aug 4, 2017
—
Hamilton Cold Storage
—
Grant Deed
related
$1,300,000 · Farm Credit Svcs
Apr 5, 2017
—
Hamilton Cold Storage INC
—
Deed
related
—
Jan 17, 2017
—
Hamilton Cold Storage
—
Deed
related
$3,500,000 · Farm Credit Svcs
—
—
Hamilton Cold Storage
—
Deed Of Trust
related
$2,000,000 · Farm Credit Svcs
—
—
Michael Forrest
—
Deed Of Trust
related
$5,129,720 · Farm Credit Svcs
—
—
Michael Forrest
—
Deed Of Trust
related
$19,350,000 · Farm Credit Svcs
—
—
Michael Forrest
—
Deed Of Trust
related
$1,000,000 · Farm Credit Svcs
—
—
Hamilton Cold Storage INC
—
Deed Of Trust
related
—
—
—
Hamilton Cold Storage
—
Deed Of Trust
related
$3,500,000 · Farm Credit Svcs
—
—
Cold Storage Hamilton
—
Deed Of Trust
related
$1,323,000 · Bank Of America
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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