10400 Main St Lamont, CA 93241-1727
Grocery and convenience stores
Google Maps
Individually Owned
14-yr Hold
~
Est. High Equity
For Sale
1 / 19
$1,500,000
10400 Main St, Lamont, CA 93241-1727
View Listing →
Estimated value (blended)
$1.05M
Range $941k – $1.15M (±10%)
Property ID
US09-5167494
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1985
Construction
WOOD
Total area
6,043 SF
Lot
0.47 ac (20,473 SF)
Zoning code
C2
APN
186-060-15-00-7
UPID
US09-5167494
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Grocery & Convenience Store
-
Take-out & Catering Butcher
-
Employment Agency
-
Atm
-
Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$920k
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.05M
Owner & transaction history
since 2011
7 recorded transactions
Zoning & alternative use
C2 · Lamont, CA
Top alternative use upside
Medical building
$1.3M
+67.5%
Office building
$1.2M
+54.0%
Apartment house (5+ units)
$900,000
+18.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.05M
Value range
$941k – $1.15M
±10% around blend
Estimated value / SF
$173 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
50
Income certainty
100
$941k
blend $1.05M
$1.15M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,043 SF
Lot area
0.47 ac
Year built
1985
Stories
1
APN
186-060-15-00-7
Assessed value
$785,000
Annual tax
$8,622
3
Income approach: direct capitalization
Partial preview
Income approach indication
$920k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$995k
@ 6.5% CAP return
$920k
@ 7% CAP return
$855k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$8,622
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$868k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.1 mi away · 5,532 SF
13.2 mi away · 7,400 SF
15.7 mi away · 5,000 SF
33.0 mi away · 7,500 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 409 sales
$126
+37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $173/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+68%
vs current-use indication
Office Building
Apartment House (5+ Units)
Auto Repair, Garage
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.45%
Selected cap rate for this grocery and convenience stores
Derived from the Lamont market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.45%
9.0%
NOI (est.)
$67k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.50M
Move the market yield to see immediate price impact.
Value / SF
$248
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.95%4.45%4.95%
$60k
$1.52M
$1.35M
$1.21M
$67k
$1.69M
$1.50M
$1.35M
$73k
$1.86M
$1.65M
$1.48M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$426k
9.2 mi · Dec 2025 · $85/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,622
Tax year 2024
Assessed value
$785,000
Assessed 2024
Previous assessed
$785,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$250,000
Assessed improvement
$535,000
Applied tax rate
96.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1985
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
6,043 SF
Lot
0.47 ac (20,473 SF)
Zoning code
C2
APN
186-060-15-00-7
UPID
US09-5167494
Jurisdiction
KERN
Zoning & alternative use
C2 · Lamont, CAZoning C2 · permitted uses
C2 · Lamont, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.47 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Lamont, CA
Recorded code
C2
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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