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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Warehouses
98 Railroad Ave Suisun City, CA 94585-2718
Individually Owned
9-yr Hold
Free & Clear
Property ID
US09-1463991
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
15,330 SF
Lot
0.65 ac (28,200 SF)
APN
0032-420-220
UPID
US09-1463991
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
-
WRAPS BY DRE LLC Car Wash
-
Lippstreu Portable Welding Services Factory Production Facility
-
Richmen Racing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Bruce E Lippstreu · 9 yrs held
Bruce E Lippstreu
since 2017
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 Suisun City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suisun City 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
by Request
ML approach
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$38 / 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
$4,183
Tax year 2023
Assessed value
$354,357
Assessed 2023
Previous assessed
$354,357
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$31,643
Assessed improvement
$322,714
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
15,330 SF
Lot
0.65 ac (28,200 SF)
APN
0032-420-220
UPID
US09-1463991
Jurisdiction
SOLANO
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
1989
Heating
NONE
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Bruce E Lippstreu
Individual
Free & Clear · 9 yrs held
Mailing address
5194 CLAYTON RD, FAIRFIELD, CA 94534-9736
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2017
—
Edward T Lippstreu
—
Deed
related
$435,000 · Westamerica Bank
Apr 7, 2017
—
Bruce E Lippstreu
Lippstreu,edward T & Susan
Quit Claim Deed
related
—
Jan 17, 2012
—
Lippstreu,bruce E
Lippstreu,edward T & Susan
Quit Claim Deed
related
—
Mar 3, 2011
—
Bruce E Lippstreu
Lippstreu,edward T & Susan
Quit Claim Deed
related
—
Mar 3, 2010
—
Bruce E Lippstreu
Lippstreu,bruce E
Quit Claim Deed
related
$500,000 · Westamerica Bank
Feb 29, 2008
—
Edward T Lippstreu
Lippstreu Family Trust
Quit Claim Deed
related
—
Jan 14, 2008
—
Edward T Lippstreu
Lippstreu Family Trust
Quit Claim Deed
related
—
Apr 10, 1992
$530,000
Edward Lippstreu
Hofmann Trust
Grant Deed
—
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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