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Property profile & analytics
OFF-MARKET Estimated value $3,760,000
Grocery and convenience stores

1020 Cecil Ave Delano, CA 93215-1423

25,920 SF 1.36 ac lot Built 1975
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2685034
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1975
Construction WOOD
Total area 25,920 SF
Lot 1.36 ac (59,241 SF)
Zoning code GC
APN 037-151-14-00-0
UPID US09-2685034
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
  • Watermill Express Big Box & Wholesale Store
  • Western Union Bank Credit Union
  • State Market Grocery & Convenience Store Food Market
  • Primo Water Exchange Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.94M
Comparable Approach Comparable
$4.22M
Blend (final) Blend
$3.76M
Owner & transaction history
1020 Cecil LLC · 4 yrs held
1020 Cecil LLC
since 2022
3 recorded transactions
2022
$4.0M
1995
Price N/A
1978
Price N/A
Zoning & alternative use
GC · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In only the DC, NC, GC, CRC, I, or CF zone districts, excepting the provisions of Section 20.2.90.2.f. above, placement of temporary buildings, commercial cargo/storage containers, trailers, coaches and similar items may be permitted subject to an approved temporary land use permit; 4. Temporary permits shall first be issued for a period of time not to excee…

Zone name General Commercial
General category COMMERCIAL
Zone area 466.49 ac
Source Microsoft Word - CLEAN Chp02.doc
Top alternative use upside
Medical building $5.5M +66.6%
Office building $5.0M +53.1%
Apartment house (5+ units) $3.9M +17.8%
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