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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Manufacturing properties
71 1st St Patterson, CA 95363-2473
Entity Owned
Free & Clear
Property ID
US09-5569922
Property summary
AI-generated overview
This 14,000-square-foot warehouse, located at 71 South First Street in Patterson, California, presents a compelling investment opportunity. Built in 1958 and renovated in 2000, this single-story building sits on a 0.57-acre lot (APN 131-003-026-000) and is zoned for Heavy Industrial use. The property features two loading docks, ceiling heights ranging up to 24 feet, and 3-phase 600-amp electrical service. A fire suppression sprinkler system will be installed before closing. This prime location, conveniently situated off Highway 33, offers excellent accessibility and visibility. The property's designation as both an Opportunity Zone and a "Green Zone" allows for cannabis cultivation and processing, in addition to traditional light industrial, heavy manufacturing, and storage uses. The building's existing construction includes a newer roof. This versatile property offers significant potential for a variety of businesses. The sale is structured as a 1031 exchange.
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1958
Construction
TILT-UP CONCRETE
Total area
12,000 SF
Lot
0.57 ac (24,829 SF)
APN
131-003-026-000
UPID
US09-5569922
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
by Request
Blend (final)
Blend
$675k
Owner & transaction history
EAGLE VALLEY INVESTMENTS INC
EAGLE VALLEY INVESTMENTS INC
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 Patterson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Patterson 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$56 / 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
$1,324
Tax year 2024
Assessed value
$103,860
Assessed 2024
Previous assessed
$103,860
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$73,683
Assessed improvement
$30,177
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
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
12,000 SF
Lot
0.57 ac (24,829 SF)
APN
131-003-026-000
UPID
US09-5569922
Jurisdiction
STANISLAUS
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
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.57 ac
Current owner
From public records · entity-resolved
EAGLE VALLEY INVESTMENTS INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1047, PATTERSON, CA 95363-1047
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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