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Property profile & analytics
OFF-MARKET
Estimated value
$57,985,000
Distribution centers
5205 Wheeler Rdg Rd Lebec, CA 93243
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-5098452
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Total area
579,275 SF
Lot
34.85 ac (1,518,066 SF)
Zoning code
G I
APN
238-091-59-00-9
UPID
US09-5098452
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
by Request
Comparable Approach
Comparable
$62.27M
Blend (final)
Blend
$57.99M
Owner & transaction history
TRC MRC 3 LLC
TRC MRC 3 LLC
Zoning & alternative use
G I · Lebec, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$86.3M
+30.3%
Auto repair, garage
$80.4M
+21.3%
Industrial (general)
$73.5M
+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 Lebec submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebec 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$66,250,000
Current use
APARTMENT HOUSE (5+ UNITS)
$86,335,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$80,375,000
Change: +21% · Conversion: Easy
INDUSTRIAL (GENERAL)
$73,540,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$57.99M
Range $52.19M – $63.78M · ±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
$100 / 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
$665,629
Tax year 2024
Assessed value
$38,915,976
Assessed 2024
Previous assessed
$38,915,976
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$11,621,083
Assessed improvement
$27,294,893
Applied tax rate
118.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2020
Stories
1
Units
2
Total area
579,275 SF
Lot
34.85 ac (1,518,066 SF)
Zoning code
G I
APN
238-091-59-00-9
UPID
US09-5098452
Jurisdiction
KERN
Zoning & alternative use
G I · Lebec, CA
Zoning G I · permitted uses
G I · Lebec, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lebec. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$66.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$86.3M
AUTO REPAIR, GARAGE
Est. value
$80.4M
INDUSTRIAL (GENERAL)
Est. value
$73.5M
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
2020
Stories
1
Units
2
Lot
34.85 ac
Current owner
From public records · entity-resolved
TRC MRC 3 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
13191 XRDS PKWY N6T, CITY OF INDUSTRY, CA 91746-3421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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