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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail space
108 Tehachapi Blvd 112 Tehachapi, CA 93561-1731
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-1841726
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1938
Construction
WOOD
Total area
3,525 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C3
APN
040-190-05-00-3
UPID
US10-1841726
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
-
Adriana's Christian Coaching Crisis Center Medical Clinic
-
EZ Lite Rv Windows, Awnings and Racks Auto Parts Store
-
Tehachapi Christian Store (Bike/Boat/Book/etc) Store Religious Bookstore
-
Lighthouse Cafe Cafe & Coffee Shop
-
Funky Junk by Go2Girlz Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$403k
Blend (final)
Blend
$665k
Owner & transaction history
Diana Yeonseo Heo · 2 yrs held
Diana Yeonseo Heo
since 2024
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
C3 · Tehachapi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$745,000
+67.5%
Office building
$685,000
+54.0%
Auto repair, garage
$490,000
+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 Tehachapi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tehachapi 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
$800,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
RETAIL STORES
$445,000
Current use
MEDICAL BUILDING
$745,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$685,000
Change: +54% · Conversion: Easy
AUTO REPAIR, GARAGE
$490,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$420,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$405,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $700k (Jul 21 2021)
Last sale anchor
$700k
Jul 21 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
$189 / 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
$3,833
Tax year 2023
Assessed value
$334,517
Assessed 2023
Previous assessed
$334,517
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$52,338
Assessed improvement
$282,179
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1938
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
3,525 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C3
APN
040-190-05-00-3
UPID
US10-1841726
Jurisdiction
KERN
Zoning & alternative use
C3 · Tehachapi, CAZoning C3 · permitted uses
C3 · Tehachapi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$445,000
MEDICAL BUILDING
Est. value
$745,000
OFFICE BUILDING
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$420,000
WAREHOUSE, STORAGE
Est. value
$405,000
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
1938
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Diana Yeonseo Heo
Individual
Free & Clear · 2 yrs held
Mailing address
528 N WESTMORELAND AVE APT #2, LOS ANGELES, CA 90004-2395
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
Jul 11, 2024
—
Diana Yeonseo Heo
Diana Yeonseo Heo
Intrafamily Transfer
related
—
Jul 21, 2021
—
Diana Yeonseo Heo
Diana Yeonseo Heo
Intrafamily Transfer
related
—
Nov 21, 2016
—
Yanmei Jin
Um,annie M K
Quit Claim Deed
—
Mar 9, 2016
$700,000
Jin Yanmei
Michael J Huskins
Grant Deed
$400,000 · Hanmi Bank
Mar 9, 2016
—
Annie M K Um
Uh,kee H
Quit Claim Deed
related
—
May 19, 2004
$450,000
Huskins,tr
Koutroulis,tr
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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