Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,490,000
Industrial properties
42874 Rd 64 Reedley, CA 93654-9010
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US10-1755564
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1986
Construction
TILT-UP CONCRETE
Total area
35,285 SF
Lot
14.65 ac (638,154 SF)
APN
012-250-053-000
UPID
US10-1755564
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
$3.16M
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$3.49M
Owner & transaction history
Kool Kountry LLC · 23 yrs held
Kool Kountry LLC
since 2002
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.9M
+30.9%
Apartment house (5+ units)
$4.8M
+27.1%
Auto repair, garage
$4.1M
+9.0%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,425,000
6.5%
$3,160,000
7%
$2,935,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,775,000
Current use
OFFICE BUILDING
$4,940,000
Change: +31% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,800,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,115,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$3.49M
Range $3.14M – $3.84M · ±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 2024Property tax & assessments
Tax year 2024
Tax billed
$79,293
Tax year 2024
Assessed value
$6,919,519
Assessed 2024
Previous assessed
$6,919,519
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$70,563
Assessed improvement
$6,848,956
Applied tax rate
77.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
35,285 SF
Lot
14.65 ac (638,154 SF)
APN
012-250-053-000
UPID
US10-1755564
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.8M
OFFICE BUILDING
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.1M
INDUSTRIAL (GENERAL) Current
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
14.65 ac
Current owner
From public records · entity-resolved
Kool Kountry LLC
Entity
Mailing address
42874 RD 64, REEDLEY, CA 93654-9010
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
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
May 25, 2023
—
Kool Kountry LLC
—
Deed
related
$8,000,000 · Agwest Farm Credit Pca
Dec 9, 2021
—
Kool Kountry LLC
—
Deed
related
$2,000,000 · Farm Credit West Flca
Aug 19, 2016
—
Kool Kountry LLC
—
Deed
related
$1,500,000 · Golden St Farm Credit Pca
Dec 31, 2002
$1,676,000
Kool Kountry LLC
Pacific Cold Storage LLC
Grant Deed
$2,275,000 · Federal Land Bank Assn Kingsbu
Dec 31, 2002
—
Kool Kountry LLC
Pacific Cold Storage LLC
Grant Deed
related
—
Jan 6, 1995
$1,700,000
Daniel J Gerawan
Mt Konocti Growers INC
Grant Deed
$500,000 · Seller
Apr 20, 1990
$1,567,500
Mt Konocti INC
Tocchini,robert
Grant Deed
$2,752,000 · Natl Bank Cooper
—
—
Kool Kountry LLC
—
Deed Of Trust
related
$2,500,000 · Golden St Farm Credit Flca
—
—
Kool Kountry LLC
—
Deed Of Trust
related
$1,500,000 · Golden St Farm Credit Pca
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 42874 Rd 64?
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.
