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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Flex space
45017 Nees Ave Firebaugh, CA 93622
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3228639
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1965
Construction
TYPE NOT SPECIFIED
Total area
14,086 SF
Lot
19.88 ac (865,972 SF)
Zoning code
AE20
APN
005-160-13S
UPID
US09-3228639
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
$2.80M
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.31M
Owner & transaction history
Westside Transplant LLC · 24 yrs held
Westside Transplant LLC
since 2002
7 recorded transactions
Zoning & alternative use
AE20 · Firebaugh, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+100.1%
Medical building
$2.8M
+83.1%
Office building
$2.4M
+59.0%
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 Firebaugh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Firebaugh 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%
$3,035,000
6.5%
$2,800,000
7%
$2,600,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,500,000
Current use
RESTAURANT
$3,005,000
Change: +100% · Conversion: Difficult
MEDICAL BUILDING
$2,750,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$2,385,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,070,000
Change: +38% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,790,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$1,515,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±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
$164 / 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
$17,253
Tax year 2024
Assessed value
$1,504,128
Assessed 2024
Previous assessed
$1,504,128
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$63,855
Assessed improvement
$1,440,273
Applied tax rate
64.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1965
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
2
Total area
14,086 SF
Lot
19.88 ac (865,972 SF)
Zoning code
AE20
APN
005-160-13S
UPID
US09-3228639
Jurisdiction
FRESNO
Zoning & alternative use
AE20 · Firebaugh, CAZoning AE20 · permitted uses
AE20 · Firebaugh, CA
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
$1.5M
RESTAURANT
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1965
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
2
Lot
19.88 ac
Current owner
From public records · entity-resolved
Westside Transplant LLC
Entity
Free & Clear · 24 yrs held
Mailing address
505 BALDWIN RD #1, PATTERSON, CA 95363-8859
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2023
—
Westside Transplant LLC
—
Deed
related
$6,500,000 · American Agcredit Aca
Jun 30, 2017
—
Westside Transplant LLC
—
Grant Deed
related
$7,000,000 · Farmers & Merchants Bk/ctrl Ca
Nov 21, 2016
—
Westside Transplant LLC
—
Deed
related
$1,947,340 · Farm Credit Svcs
Jan 25, 2008
—
Westside Transplant LLC
—
Deed Of Trust
related
$2,650,000 · Comerica Bank
Jul 23, 2004
—
Westside Transplant LLC
—
Deed Of Trust
related
$3,358,000 · Comerica Bank
Jan 14, 2002
—
Westside Transplant LLC
Westside Greenhouse LLC
Quit Claim Deed
related
—
Jun 27, 1997
$135,000
Westside Greenhouse LLC
Wood,douglas A & Deborah A
Grant Deed
—
Nov 27, 1995
$79,500
Douglas A Wood
Anderson Clayton Fin'l Svcs
Grant Deed
$65,000 · Anderson Clayton Fin'l Svcs
Dec 29, 1986
—
—
—
Grant Deed
related
—
—
—
Douglas A Wood
—
Deed Of Trust
related
$78,000 · Beneficial California INC
—
—
Westside Transplant LLC
—
Deed Of Trust
related
$1,947,340 · 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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