Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Shafter Ave Shafter, CA 93263
    Back to Search
    Property profile & analytics

    Shafter Ave, Shafter, CA 93263

    View on Map
    • Land
    • 19.20 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Shafter Ave

    Lot size
    19.20 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 19.2-acre property in Shafter, California, presents a unique investment opportunity. Located in Kern County, the land is zoned Natural Resources (NR) and comprises four contiguous parcels, each measuring approximately 4.8 acres (APN 090-260-51, 52, 53 & 54). The asking price is $960,000, translating to a highly competitive $50,000 per acre. Strategically situated just northwest of the intersection of Enos Lane, Highway 43, and 7th Standard Road, this location offers excellent accessibility and potential for various commercial or industrial uses, subject to permitted zoning regulations. The property's substantial size and prime location make it an attractive prospect for developers seeking land in a rapidly growing area of California. Detailed zoning information and development possibilities should be verified independently with the relevant Kern County authorities. This offering presents a rare chance to acquire a significant land holding in a desirable location with considerable future development potential. All information provided is deemed reliable but not guaranteed and should be independently verified.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Shafter
    County
    Kern
    State
    California
    Longitude
    -119.278
    Latitude
    35.451

    Comparable in this City

    • Value Estimation by Request
      34.45 Acres

      Los Angeles St

      Land
      0 Los Angeles St, Shafter, CA 93263
      View Details
    • Value Estimation by Request
      19.54 Acres

      Merced Ave

      Farms
      0 Merced Ave, Shafter, CA 93263
      View Details
    • Value Estimation by Request
      94.42 Acres

      30519 Madera Ave

      Farms
      30519 Madera Ave, Shafter, CA 93263
      View Details
    • Value Estimation by Request
      19.09 Acres

      19430 Beech Ave

      REFINERY, PETROLEUM PRODUCTS
      19430 Beech Ave, Shafter, CA 93263-9565
      View Details
    • Value Estimation by Request
      15.84 Acres

      Shafter, CA 93263

      REFINERY, PETROLEUM PRODUCTS
      Shafter, CA 93263
      View Details
    • Value Estimation
      $2,465,000
      20,150 SF

      925 Golds Ave

      HEAVY INDUSTRIAL
      925 Golds Ave, Shafter, CA 93263-4054
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Shafter Land For Sale

      Land available for purchase in Shafter, California.
      17017 Zachary Ave, Shafter, CA 93263
      View Details
    • Contact for pricing

      Shafter Land For Sale

      Land available for purchase in Shafter, California.
      1320 E Ashe Ave, Shafter, CA 93263
      View Details
    • Contact for pricing

      Shafter Land Parcel For Sale

      Approximately 19.2 acres of land for sale in Shafter.
      Shafter Ave, Shafter, CA 93263
      View Details
    • Contact for pricing
      129,465 SF

      Shafter Industrial Space For Lease

      New industrial building with 129,465 SF available for lease.
      31149 Coberly Rd, Shafter, CA 93263
      View Details
    • $3,300,000
      40.00 Acres

      Shafter Ag Land & Industrial

      40 acres with buildings, rail access, versatile potential.
      31137 Imperial St, Shafter, CA 93263
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Shafter Industrial Spec Building

      129,465 SF spec building available for lease or sale.
      Coberly Rd, Shafter, CA 93263
      View Details
    • Contact for pricing

      Shafter Industrial Flex Space Available

      Office and shop space available in Shafter's industrial zone.
      3901 Fanucchi Way, Shafter, CA 93263
      View Details
    • Contact for pricing
      1,088,047 SF

      Shafter Industrial Building For Rent

      1,088,047 SF industrial building with secure truck yards.
      5104 Expy Ave, Shafter, CA 93263
      View Details
    • $2,400 /Mo
      43,560 SF

      Shafter Commercial Flex Space Available

      Flexible commercial space for lease in Shafter, California.
      5240 Doolittle Ave, Shafter, CA 93263
      View Details
    • Contact for pricing
      100,000 SF

      Shafter Industrial Space for Sublease

      Industrial space available for sublease, ranging from 100,000 to 245,669 SF.
      3601 Fanucchi Way, Shafter, CA 93263
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Shafter Center

      Retail space available in a shopping center anchored by Ranch Market.
      E Ash Ave, Shafter, CA 93263
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Shafter Ave
    Shafter, CA 93263
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Shafter Ave, Shafter, CA, 93263
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!