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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Manufacturing properties
875 Richmond Rd Ridgecrest, CA 93555-8220
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-0427029
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1963
Construction
WOOD
Total area
9,080 SF
Lot
6.85 ac (298,386 SF)
Zoning code
M2
APN
343-070-11-00-3
UPID
US09-0427029
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$550k
Owner & transaction history
Fresno Msa Limited Partnership · 1 yrs held
Fresno Msa Limited Partnership
since 2024
7 recorded transactions
Zoning & alternative use
M2 · Ridgecrest, CA
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 Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest 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
$525,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$61 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,568
Tax year 2023
Assessed value
$420,469
Assessed 2023
Previous assessed
$420,469
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$157,676
Assessed improvement
$262,793
Applied tax rate
111.0000
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
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
9,080 SF
Lot
6.85 ac (298,386 SF)
Zoning code
M2
APN
343-070-11-00-3
UPID
US09-0427029
Jurisdiction
KERN
Zoning & alternative use
M2 · Ridgecrest, CA
Zoning M2 · permitted uses
M2 · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
6.85 ac
Current owner
From public records · entity-resolved
Fresno Msa Limited Partnership
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1798, RIDGECREST, CA 93556-1798
Ownership since
2024
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
Jan 9, 2026
—
The Towers LLC
—
Deed
related
$63,990 · Barclays Bank Plc
Nov 20, 2024
—
Fresno Msa Limited Partnership
Branden Rosser
Deed
—
Mar 18, 2020
$400,000
Branden Rosser
Gaynell J Schiller
Grant Deed
$350,000 · Gaynell J Schiller
Apr 26, 2016
—
Gaynell J Schiller
Schiller,gaynell J
Quit Claim Deed
related
—
Aug 18, 2015
—
Gaynell Schiller
Hockett Carolyn M Trust
Quit Claim Deed
—
Sep 20, 2001
$385,000
Harold J Hockett
Brangwin,joe S & Laveda M
Grant Deed
$185,000 · Joe S & Laveda M
Aug 31, 1975
$20,000
Joe S Brangwin
—
Grant Deed
related
—
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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