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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    68351 Jolon Rd Bradley, CA 93426

    • Commercial real estate
    • 1,655,280 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1442609
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 68351 Jolon Rd

    Property size
    1,655,280 SF
    Property type
    Commercial real estate
    APN
    423-361-003

    Description

    This exceptional 38-acre property, located at 68351 Jolon Rd, Bradley, CA 93426 (APN 423-361-003), presents a unique investment opportunity. Situated in Monterey County's Jolon Road Wine Corridor Plan, this fertile land boasts a beautiful mix of oak trees and spectacular views. The property features a water well with a solar-powered pump, ensuring reliable irrigation. Partially fenced, the land has been used for row crops in recent years and offers numerous homesite options and potential vineyard ground. With 1,655,280 square feet of space, the asking price is $500,000, or $13,157.89 per acre. Direct access to Jolon Road provides convenient access. This property is zoned for agricultural, farm, and residential uses and is available for sale individually or potentially with adjacent parcels. Seller financing is available. The exceptional water table in Lockwood further enhances the property's value and potential. This is a rare opportunity to acquire a versatile property with significant potential in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bradley
    County
    Monterey
    State
    California
    Longitude
    -121.05153
    Latitude
    35.932526

    Comparable in this City

    • $799,900
      1,856 SF

      Sustainable Ranch with Commercial Zoning

      Sustainable ranch featuring a home, warehouse, greenhouses, and commercial potential.
      76980 San Antonio Rd, Bradley, CA 93426
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    • $700,000
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      160-Acre Monterey County Ranch

      Prime agricultural land, stunning views.
      0 Parcel Rd, Pleyto, CA 93426
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    • $600,000
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      Lockwood Ranch: 160 Acres

      Prime agricultural land, stunning views, recreational potential.
      0 Lockwood Rd, Lockwood, CA 93426
      View Details
    • $1,700,000
      11,480,238.00 Acres

      Expansive Ranch Land Near Lakes

      263.55 acres in South Monterey County with wells.
      Interlake Rd, Bradley, CA 93426
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    • $320,000
      3,500,917.20 Acres

      Secluded Acreage in Hidden Valley Ranch

      80.37 acres with views, privacy, and rural lifestyle.
      74010 Copperhead Rd, Bradley, CA 93426
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    • $3,750,000
      587.00 Acres

      Lakefront Ranch with Development Potential

      587-acre ranch with lake views and development opportunities.
      Lynch Canyon Rd, Bradley, CA 93426
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    Similar Nearby for Sale

    • $799,900
      1,856 SF

      Sustainable Ranch with Commercial Zoning

      Sustainable ranch featuring a home, warehouse, greenhouses, and commercial potential.
      76980 San Antonio Rd, Bradley, CA 93426
      View Details
    • $700,000
      160.00 Acres

      160-Acre Monterey County Ranch

      Prime agricultural land, stunning views.
      0 Parcel Rd, Pleyto, CA 93426
      View Details
    • $600,000
      160.00 Acres

      Lockwood Ranch: 160 Acres

      Prime agricultural land, stunning views, recreational potential.
      0 Lockwood Rd, Lockwood, CA 93426
      View Details
    • $540,000
      1,827,342.00 Acres

      Land with Private Water Well

      41.95 acre property with private well near Lake Nacimiento.
      1 Interlake Rd, Bradley, CA 93426
      View Details
    • $1,700,000
      11,480,238.00 Acres

      Expansive Ranch Land Near Lakes

      263.55 acres in South Monterey County with wells.
      Interlake Rd, Bradley, CA 93426
      View Details
    • $3,750,000
      587.00 Acres

      Lakefront Ranch with Development Potential

      587-acre ranch with lake views and development opportunities.
      Lynch Canyon Rd, Bradley, CA 93426
      View Details
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    68351 Jolon Rd
    Bradley, CA 93426
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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