New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,580,000
Warehouses
640 Milgeo Ave Ripon, CA 95366-2071
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3676156
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
9,135 SF
Lot
2.06 ac (89,733 SF)
APN
261-050-160-000
UPID
US09-3676156
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
Current use
Occupant on record · Public records
-
StorQuest Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.58M
Owner & transaction history
640 West Milgeo Sp LLC · 3 yrs held
640 West Milgeo Sp LLC
since 2023
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ripon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripon 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
$7,335,000
ML approach
$7,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.58M
Range $6.82M – $8.34M · ±10% · vs last sale $7.87M (Jan 11 2023)
Last sale anchor
$7.87M
Jan 11 2023
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
$830 / 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
$21,823
Tax year 2024
Assessed value
$1,834,924
Assessed 2024
Previous assessed
$1,834,924
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$506,184
Assessed improvement
$1,328,740
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Stories
1
Total area
9,135 SF
Lot
2.06 ac (89,733 SF)
APN
261-050-160-000
UPID
US09-3676156
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
2.06 ac
Current owner
From public records · entity-resolved
640 West Milgeo Sp LLC
Entity
Mailing address
PO BOX 2034, SANTA MONICA, CA 90406-2034
Ownership since
2023
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
Nov 16, 2023
—
640 West Milgeo Sp LLC
—
Deed
related
$15,250,000 · Barclays Capital Real Estate INC
Jan 11, 2023
$7,873,000
640 West Milgeo Sp LLC
Michael Angelos
Grant Deed
—
Dec 27, 2016
—
Michael Angelos
A-1 U-stor Ripon
Quit Claim Deed
related
—
Oct 8, 2015
—
A-1 U-stor Ripon
A-1 U-stor Ripon LLC
Quit Claim Deed
—
Dec 4, 2009
—
A1 U-stor Ripon LLC
Angelos,michael C & Kathy P
Grant Deed
—
—
—
A-1 U-stor Ripon LLC
—
Deed Of Trust
related
$800,000 · Westamerica Bank
—
—
A-1 U-stor Ripon LLC
—
Deed Of Trust
related
$714,000 · Umpqua Bank
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 640 Milgeo Ave?
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.
