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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail space
101 Piute Dr Kernville, CA 93238
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2841994
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
WOOD
Total area
3,480 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C-1
APN
082-183-04-00-4
UPID
US09-2841994
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
$750k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$595k
Owner & transaction history
Michelle Harper · 5 yrs held
Michelle Harper
since 2021
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
C-1 · Kernville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$735,000
+67.5%
Office building
$675,000
+54.0%
Auto repair, garage
$485,000
+10.3%
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 Kernville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kernville 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
$685,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$490,000
Alternative Use
Use
Estimation
RETAIL STORES
$440,000
Current use
MEDICAL BUILDING
$735,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$675,000
Change: +54% · Conversion: Easy
AUTO REPAIR, GARAGE
$485,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$415,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$400,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (May 17 2021)
Last sale anchor
$600k
May 17 2021
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
$171 / 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
$7,078
Tax year 2023
Assessed value
$624,240
Assessed 2023
Previous assessed
$624,240
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$33,813
Assessed improvement
$590,427
Applied tax rate
82.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
YES
Cooling
YES
Total area
3,480 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C-1
APN
082-183-04-00-4
UPID
US09-2841994
Jurisdiction
KERN
Zoning & alternative use
C-1 · Kernville, CA
Zoning C-1 · permitted uses
C-1 · Kernville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kernville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$440,000
MEDICAL BUILDING
Est. value
$735,000
OFFICE BUILDING
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$415,000
WAREHOUSE, STORAGE
Est. value
$400,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1977
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.17 ac
Current owner
From public records · entity-resolved
Michelle Harper
Individual
Mailing address
PO BOX 805, KERNVILLE, CA 93238-0805
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
$600,000
Michelle Harper
Randy D Keil
Grant Deed
$500,000 · Keil Bancoma Family Trust
Dec 8, 2017
$483,000
Keil-bencoma Family Trust
Bradmore Investment Co Ltd
Grant Deed
$283,000 · Bradmore Investment Co Ltd
Apr 30, 1976
—
Bradmore Investment Co Ltd
—
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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