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Property profile & analytics
OFF-MARKET
Industrial properties

664 Railroad Ave Atwater, CA 95301-4624

1.7 ac lot
Individually Owned Free & Clear
Property ID
US09-1099960
Property summary
AI-generated overview

This exceptional investment opportunity presents a +/- 12,000 square foot industrial building situated on a +/- 1-acre lot within the Norman Rolfe Business Park in Atwater, CA. The property boasts a strong 3.73% capitalization rate, anchored by a nationally recognized tenant under a secure 10-year lease with a 10-year option, guaranteeing consistent and reliable cash flow. Scheduled for completion in 2024, the building enjoys excellent visibility from Highway 99, maximizing exposure and attracting significant traffic. This strategic asset offers a compelling return on investment, making it an ideal addition to any portfolio. The building's design, as depicted in the illustrative rendering, may vary slightly from the final construction. The provided square footage and acreage are approximate. Further details are available upon request. This is a turnkey investment opportunity with a long-term, stable tenant in place. The property's location within the Norman Rolfe Business Park provides access to key infrastructure and amenities. The high visibility from Highway 99 ensures strong brand recognition and potential for future growth. This is a rare opportunity to acquire a high-performing industrial property in a desirable location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.7 ac (74,052 SF)
APN 003-170-009-000
UPID US09-1099960
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
  • Presido Central Cal Brothers Food Market Farmer's Market
  • Presidio Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Merced Union High School District
Merced Union High School District
since 2025
7 recorded transactions
2025
Price N/A
2023
Price N/A
2021
$700,000
2018
Price N/A
2018
$150,000
2013
$150,000
2012
$23,652
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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