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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
1002 Dover Pl Delano, CA 93215-2628
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-1974488
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Construction
WOOD
Total area
3,064 SF
Lot
0.14 ac (6,097 SF)
Zoning code
CN
APN
037-383-09-00-7
UPID
US09-1974488
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
-
King of Kings Books & Gifts Store (Bike/Boat/Book/etc) Store
-
J & L Ad Services Employment Agency
-
Kaelah's Salon & Boutique Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$797k
Blend (final)
Blend
$575k
Owner & transaction history
Andrew J Espinoza · 10 yrs held
Andrew J Espinoza
since 2016
6 recorded transactions
Zoning & alternative use
CN · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$645,000
+8.8%
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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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
$345,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$580,000
7%
$535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$595,000
Current use
MEDICAL BUILDING
$645,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$188 / 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
$5,740
Tax year 2023
Assessed value
$518,035
Assessed 2023
Previous assessed
$518,035
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$26,786
Assessed improvement
$491,249
Applied tax rate
2.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Total area
3,064 SF
Lot
0.14 ac (6,097 SF)
Zoning code
CN
APN
037-383-09-00-7
UPID
US09-1974488
Jurisdiction
KERN
Zoning & alternative use
CN · Delano, CA
Zoning CN · permitted uses
CN · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$595,000
MEDICAL BUILDING
Est. value
$645,000
OFFICE BUILDING Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Andrew J Espinoza
Individual
Mailing address
1002 DOVER PL UNIT #103, DELANO, CA 93215-2632
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2016
—
Andrew J Espinoza
Espinoza John H Trust
Quit Claim Deed
related
—
Dec 29, 2015
—
Andrew J Espinoza
Espinoza,john H
Affidavit Of Death
related
—
Mar 31, 2005
—
E Construction
—
Trustees Deed
related
$200,000 · Bank Of Visalia
Mar 15, 2005
$20,000
Ej Construction
Soto,jose & Lourdes
Grant Deed
—
Jan 14, 2004
$25,000
Jose Soto
Espinoza,tr
Grant Deed
—
Oct 25, 2001
—
Espinoza Trust
Espinoza,john H
Quit Claim 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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