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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Drive through restaurants
1050 Kern St Taft, CA 93268-2743
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-4413575
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Construction
WOOD FRAME
Total area
2,785 SF
Lot
0.55 ac (23,958 SF)
Zoning code
GC
APN
032-520-17-00-4
UPID
US09-4413575
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
-
Jack in the box Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.18M
Owner & transaction history
Taft Plaza Venture LLC · 2 yrs held
Taft Plaza Venture LLC
since 2024
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
GC · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$960,000
+11.3%
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 Taft submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taft 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
$1,175,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$865,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$960,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.18M (Mar 8 2024)
Last sale anchor
$1.18M
Mar 8 2024
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
$422 / 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
$18,073
Tax year 2023
Assessed value
$1,581,328
Assessed 2023
Previous assessed
$1,581,328
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$394,048
Assessed improvement
$1,187,280
Applied tax rate
4.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
2,785 SF
Lot
0.55 ac (23,958 SF)
Zoning code
GC
APN
032-520-17-00-4
UPID
US09-4413575
Jurisdiction
KERN
Zoning & alternative use
GC · Taft, CA
Zoning GC · permitted uses
GC · Taft, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taft. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$865,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$960,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
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
2021
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Taft Plaza Venture LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4917 GENESTA AVE, ENCINO, CA 91316-3438
Ownership since
2024
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
Mar 8, 2024
$7,550,000
Taft Plaza Venture LLC
Bear Valley Plaza LLC
Grant Deed
—
Mar 8, 2024
$1,175,000
Chester Real Estate Holdings LLC
Taft Plaza Venture LLC
Grant Deed
$881,250 · Bremer Bank NA
Jun 6, 2023
—
Bear Valley Plaza LLC
Jl Management
Quit Claim Deed
related
—
Nov 4, 2022
—
Ebs Foods LLC
—
Deed
related
$55,000,000 · Bank Of America NA
Jun 14, 2006
$10,200,000
Bear Valley Plaza LLC
Wilson/taft Investments LLC
Grant Deed
—
Jun 14, 2006
—
Victorville Towne Center LLC
Bear Valley Plaza LLC
Grant Deed
—
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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