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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Manufacturing properties
40350 Brickyard Dr, Madera, CA 93636-9519
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1934297
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2018
Construction
TILT-UP CONCRETE
Total area
7,500 SF
Lot
1.36 ac (59,241 SF)
Zoning code
IL
APN
049-054-029-000
UPID
US09-1934297
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
$1.66M
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.69M
Owner & transaction history
Brickyard Warehouse LLC · 3 yrs held
Brickyard Warehouse LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
IL · Madera, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+99.8%
Restaurant
$1.3M
+16.3%
Office building
$1.1M
+3.6%
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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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
$1,530,000
ML approach
$1,655,000
CAP Approach
CAP Return
Estimation
6%
$1,605,000
6.5%
$1,480,000
7%
$1,375,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,090,000
Current use
COMMERCIAL (GENERAL)
$2,175,000
Change: +100% · Conversion: Difficult
RESTAURANT
$1,265,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$1,130,000
Change: +4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,075,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,065,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±10% · vs last sale $1.85M (Jul 6 2022)
Last sale anchor
$1.85M
Jul 6 2022
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
$225 / 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
$21,245
Tax year 2024
Assessed value
$1,887,000
Assessed 2024
Previous assessed
$1,887,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$306,000
Assessed improvement
$1,581,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
WINDOW A/C
Stories
1
Total area
7,500 SF
Lot
1.36 ac (59,241 SF)
Zoning code
IL
APN
049-054-029-000
UPID
US09-1934297
Jurisdiction
MADERA
Zoning & alternative use
IL · Madera, CA
Zoning IL · permitted uses
IL · Madera, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madera. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RESTAURANT
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Brickyard Warehouse LLC
Entity
Mailing address
10182 N SPANISH BAY DR, FRESNO, CA 93720-3426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 16, 2025
—
Brickyard Warehouse LLC
—
Deed
related
$800,000 · Citizens Business Bank
Jul 6, 2022
$1,850,000
Brickyard Warehouse LLC
Nova West Solar INC
Grant Deed
—
Apr 14, 2021
—
Nova Solar INC
—
Deed
related
$1,068,000 · Suncrest Bank
Apr 22, 2019
—
Nova West Solar INC
Solar Leasing Of California LLC
Grant Deed
$800,000 · Suncrest Bank
Mar 13, 2015
$200,000
Solar Leasing Of California LLC
Cline Harold R & Gloria
Grant Deed
—
Jul 31, 2008
—
Harold R Cline
—
Trustees Deed
related
$135,000 · Mid Valley Services INC
Oct 16, 2006
$345,000
Harold R Cline
Carriveau-spencer Fam Trust
Grant Deed
—
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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